The NSSF Memo #754 dated 24th April 2024 in application of the Decree #13164 dated 5th April 2024, published in the Official Gazette #16 on the 18th April 2024, has defined the 1st April 2024 as the starting date for calculating the NSSF contributions on the following basis:
1) The minimum monthly salary is set at LBP 18,000,000 and the minimum daily workers’ wage at LBP 820,000.
2) The NSSF ceiling for the Sickness & Maternity contributions is set at LBP 90,000,000 (i.e. 5 times the minimum wage).