Changes in Social Security – accident premium for 2024

Accident insurance rates are changing. According to the new regulation, entrepreneurs will pay new premiums starting in April 2024.

Recall that in March of each year, the Minister of Family and Social Policy has the opportunity to issue a decree setting new rates for accident insurance. The rates published in March can be both increased and decreased and take effect the following month, i.e. April of the same year.

Last year, accident insurance rates remained unchanged. This year, however, the Ministry issued a new regulation. This means that some business people will pay a different accident premium than before.

Recall that accident insurance rates are set separately for each occupational group, based on the “accident” rates recorded in a given occupation. Thus, the accident premium set for the mining industry, for example, is almost 10 times higher than the premium paid by employees in the tourism industry. However, such calculated rates apply only to those entrepreneurs who employ more than 9 employees.

The situation is different for small companies (with up to 9 employees), including sole proprietors. This is because such persons pay an accident premium at a fixed rate, independent of the industry in which they operate. The flat rate for small businesses is 50% of the maximum rate.

As for the maximum rate, it is worth remembering that it is always quoted in the same industry – mining. Thus, this rate depends on how high the accident premium set for small businesses will be.

As of April 1, 2024, a new Decree of the Minister of Family and Social Policy will take effect, which changes the rates of accident insurance for certain occupational groups.

Under the new regulation, however, the maximum rate will not change. Indeed, as of April 2024, the maximum rate for the mining industry will still be 3.33%. This means that sole proprietors who employ no more than 9 people will pay the new accident premium at the current rate of 1.67%.

As a result, the accident premium for small businesses for 2024 will still be PLN 78.40.

Recall that as of January 2024, Social Security premiums have increased by PLN 181.84 to PLN 1,600.32.

You can read the full table of the new ZUS premiums here.