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In 2018, Social security paid out €470 billion in social benefits, equivalent to 20% of France's GDP of €2,353 billion. [1] Its main expenditure is on benefits for the sickness branch of the general scheme (€198.3 billion) and benefits for the old-age branch of the general scheme (€126.3 billion).
Social security contributions are mandatory payments made by the self-employed and employees (and their employers) to acquire rights to social benefits. They are not considered taxes in France, while in many Anglo-Saxon countries these contributions correspond to the payroll tax (or to a "pseudo-tax" by simply being added to total government ...
The URSSAF (pronounced; Unions de Recouvrement des Cotisations de Sécurité Sociale et d'Allocations Familiales, meaning the Organizations for the Collection of Social Security and Family Benefit Contributions) is a network of private organizations created in 1960 whose main task is to collect employee and employer social security contributions that finance the Régime general (general ...
The state scheme is financed by a payroll tax known as "social security contributions". The rate in 2013 is 15.15% (8.4% for the employer and 6.75% for the employee) of pay up to the social security contribution ceiling of €37,032, and 1.7% (1.6% for the employer and 0.1% for the employee) on the remainder of the salary. [7]
Each French person receives at birth a national identification number, the "numéro d'inscription au répertoire" (NIR or National Repertory registration), also called a "numéro de sécurité sociale" (or Social Security number). This INSEE number is composed of 13 digits + a two-digit key.
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The overall rate of social security and tax on the average wage in 2022 was 82% of gross salary, compared with 77% of the total average tax wedge. The levels of social security contributions are particularly high (17% of GDP against 9% of GDP on average for OECD). The social security budgets are larger than the budget of the national government.
In France, the generalized social contribution (French: Contribution sociale généralisée or CSG) is a tax created on 18 December 1990 to fund the social protection system (namely health insurance and family benefits) and, since 2018, unemployment benefits.