Burkina Faso Adjusts Employers' Social Security Contributions Rates
The
government of Burkina Faso has adjusted the different rates of employers'
social security contributions in order to improve social security coverage of
employees. The total rate of the social security employer contributions rate
remains at 16% for each employee but applies differently as follows:
|
–
|
family
welfare: 6% instead of 7%;
|
|
–
|
retirement
pension: 8.5% instead of 5.5%; and
|
|
–
|
professional
injuries: 1.5% instead of 3.5%.
|
This
decision was outlined in Decree No 2023-0129/PRES-TRANS/PM/MFPTPS/MEFP adopted
on 24 February 2023 with retroactive effect from 30 August 2022.
Changes will be made to the system soon!
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