Pension scheme "collects" over 1.2 billion euros/7 months, income from employees increases significantly

In July alone, employees in the country have paid nearly 17.9 billion lek or about 179 million euros into the state coffers as contributions to the social and health insurance scheme.
Data from the General Directorate of Taxes shows that in July 2026, approximately 2.1 billion lek or 21 million euros more were collected than in the same period a year earlier. Expressed in percentage terms, the increase in revenue is recorded at 13.1%.
On the other hand, this figure is a record in the last decade.
Meanwhile, in the 7-month period, i.e. for the period January-July 2026, revenues from obligations paid by employees in the private and state sectors, as well as the self-employed in agriculture, for the pension scheme reached 111.8 billion lek or approximately 1.2 billion euros. While in the same period a year ago, receipts from this item were recorded at 100 billion lek.
Several factors have influenced this increasing performance. First, there is the increase in salaries in the public sector, followed by the private sector, causing the average salary in the country to increase significantly, reaching the level of approximately 1 thousand euros per month and consequently the payment of employees for insurance.
The second is related to the anti-informality reform, focused mainly on under-declaration of wages, which led to an increase in declarations and consequently in income paid from contributions.
Also, the establishment of reference salaries throughout this year in sectors such as tourism, construction, and medicine has had a direct effect on increasing contributions and strengthening the scheme.
On the other hand, the increase in the minimum wage nationwide to 50 thousand lek from January has had an impact in this direction.
Another factor is related to the increase in the number of businesses opened in Albania throughout 2026 as well as good administration by the tax administration, which seems to be somewhat compensating for the lack of labor in the country.
The minimum payment for social security and health insurance contributions per individual is around 13,950 lek per month.
Europe's seas reach record temperatures - Climate change threatens marine life
Human-caused climate change was the main cause of recent record sea temperatures in Europe, scientists said, warning of severe consequences for marine......
US-Canada trade deal reached/Trump suspends 50% tariffs
US President Donald Trump said he was postponing 50% US tariffs on $20 billion worth of Canadian imports after the two countries reached a last-minute deal......
Deepening of the Vivari Canal, Minister Salla: After 17 years, conditions are being created for the export of mussels
The Minister of Agriculture and Rural Development, Andis Salla, together with the Mayor of Saranda Oltion Caci, the Mayor of Konispol Ergest Dule and......
Which subject "failed" the most high school graduates? Mathematics with the most remaining marks, Language and Literature with only 27 maximum marks
The State Matura Exams are the final test that separates high school students from university auditors. The results obtained in mathematics, language and......
Forgiveness of debts/Taxes: 410 million euros paid off for over 204 thousand taxpayers
Over 204 thousand taxpayers have benefited from the process of erasing and extinguishing tax liabilities, with a total value of 410 million euros, until July......
Overpasses on the Tirana-Durrës highway / Contract worth almost 1.1 billion lek is signed, including lighting and greenery
The Albanian Road Authority has signed the contract for the completion of works and the aesthetic improvement of the Tirana-Durres highway, in the segment......
How many days a year do Albanians take off? Country above the world average for paid vacations
Albania ranks among the countries where employees have a relatively high number of paid vacation days. According to an analysis published by Visual......
Who is Albania trading with the most? The US, Kosovo and Greece gain ground on the export map
Albanian exports are increasingly finding space outside traditional European markets, foreign trade data from INSTAT show. In the first seven months of the......


