CONTRIBUTIONS Each calendar month, TAE collects contributions by the insured persons registered with the Fund; the amount of contributions for each insurance cover class has been determined by an actuarial report on the basis of the principle of reciprocation between contributions and the expected amount of pension. Contributions are collected as one amount for both sectors (Pension and Sickness Cover) and are then credited to each one. Monthly contributions must be paid at the latest at the end of the next month, otherwise an additional fee applies (Act 1902/90, Act 2676/99 see TEBE). |