What is Segurança Social?
Segurança Social (Social Security) provides protection in situations such as unemployment, illness, parenthood and old age. It is funded by the Taxa Social Única (TSU, the single social rate) on remuneration.
An employee contributes 11% of gross salary and the employer pays 23.75%. The employer withholds the worker's part and pays everything to Social Security.
In practice
On a salary of €1,500, the worker's Segurança Social is €165 (11%), deducted by the employer, which also pays €356.25 as its own share.