What is IGSS?
The Guatemalan Social Security Institute (IGSS) provides social security services to workers in Guatemala. Established in 1946, enrollment is mandatory for all employees in a dependent work relationship.
IGSS Contribution Rates
Employee contribution: 4.83%
The employee contributes 4.83% of their monthly salary, broken down as:
- EMA (Illness, Maternity, Accidents): 2%
- IVS (Disability, Old Age, Survivors): 1.83%
- PECEF (Special Protection Program): 1%
Employer contribution: 12.67%
The employer pays an additional 12.67% on top of the employee's salary:
- EMA: 4%
- IVS: 3.67%
- IRTRA (Recreation): 1%
- INTECAP (Training): 1%
- PECEF: 3%
How is the IGSS deduction calculated?
The calculation is straightforward: multiply the monthly salary by the applicable percentage.
Example: With a Q5,000 salary:
- Employee deduction: Q5,000 × 4.83% = Q241.50
- Employer contribution: Q5,000 × 12.67% = Q633.50
- Net salary: Q5,000 - Q241.50 = Q4,758.50
IGSS Benefits
- Medical and hospital care
- Maternity benefits
- Disability, old age, and death pensions
- Work accident coverage
- Temporary disability subsidies