VISHNU D.K. MUSAI & CO.
N.I.S. Contribution Rates - 2006
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Earnings Class

Weekly Earnings

Monthly  Earnings

Assumed Average Weekly Earnings

Employee's Weekly Contribution

Employer's Weekly Contribution

Total Weekly Contribution

Class Z Weekly

 I

100.00-159.99

433.00 - 692.99

130

4.29

8.58

12.87

0.87

 II

160.00-219.99

693.00 - 952.99

190

6.27

12.54

18.81

1.28

III

220.00-289.99

953.00 -1256.99

255

8.42

16.84

25.26

1.71

IV

290.00-359.99

1257.00 -1559.99

325

10.73

21.46

32.19

2.18

V

360.00-439.99

1560.00 -1906.99

400

13.20

26.40

39.60

2.69

 VI

440.00-529.99

1907.00 -2296.99

485

16.01

32.02

48.03

3.26

 VII

530.00-619.99

2297.00 -2686.99

575

18.98

37.96

56.94

3.86

 VIII

620.00-709.99

2687.00 -3076.99

665

21.95

43.90

65.85

4.47

IX

710.00-809.99

3077.00 -3509.99

760

25.08

50.16

75.24

5.11

X

810.00-909.99

3510.00 -3942.99

860

28.38

56.76

85.14

5.78

XI

910.00-1009.99

3943.00 - 4376.99

960

31.68

63.36

95.04

6.45

 XII

1010 and over

4377.00 and over

1010

33.33

66.66

99.99

6.79

Contributions payable by an employer in respect of employment injury coverage for an employed person who has not yet attained the age of 16 years or who has attained the age of 65 years, shall be as set out in Class Z, and for an unpaid apprentice the rate shall be $1.00 per week.

 

The employer of a recipient of retirement pension referred to in subregulation (5) of the NI (Benefits) (Amendments) Regulations 2004, shall be required to pay contributions on behalf of the recipient in class Z so as to cover him for payment of injury benefit for the duration of his employment. Employers of persons between the ages of 60 to 65 who have received a retirement grant are required to deduct normal contributions (i.e. not Class Z) until the week before the employee's 65th birthday.