The Social Security System
Access a world-class social protection model providing robust health, family, and retirement coverage for employees and self-employed professionals.
A Model of Robust Protection and Care
Monaco’s social security system is one of the most comprehensive in the world, funded by contributions from employers, employees, and the self-employed. It is managed by the Caisses Sociales de Monaco (CSM), which ensures residents and workers have access to world-class healthcare and retirement stability.
The Two Primary Schemes
The system is divided based on your professional status in the Principality:
– The General Scheme (CCSS & CAR): For salaried employees and “assimilated” directors (such as those of a SAM). It is funded by high employer contributions (averaging 35%) and employee deductions (averaging 13%).
– The Self-Employed Scheme (CAMTI & CARTI): For Sole Traders, partners in a SARL, and Managing Partners. This is the scheme most relevant to entrepreneurs and independent professionals relocating to Monaco.
Social Security for Shareholders & Directors
If you are forming a company in Monaco, your social protection is determined by your legal role:
CAMTI (Healthcare & Maternity) The Caisse d’Assurance Maladie des Travailleurs Indépendants provides medical, accident, and maternity coverage. Unlike the employee scheme, which is percentage-based, CAMTI operates on a flat-rate quarterly contribution (currently €1,101.00 per quarter for the 2025-2026 exercise).
CARTI (Retirement) The Caisse Autonome de Retraite des Travailleurs Indépendants is the mandatory pension fund for non-salaried workers.
– The Point System: You acquire retirement rights by earning “points”.
– Contribution Classes: There are four classes of contributions. By default, new residents are often placed in Class 2 , but you have the flexibility to choose a higher class (up to Class 4) to accumulate more points and a higher future pension.
– Flexibility: Once per year (between October and November), you can request to change your contribution class to follow your financial planning.
Healthcare “Card Colors” and Reimbursements
Monaco’s system is famous for its “Card Colors” (Green, Pink, or Buff), which determine your reimbursement rate for medical expenses.
– Reimbursement: Most medical acts are reimbursed at 80% to 100% of the official Monegasque tariff.
– Family Coverage: Your coverage often extends to your spouse and dependent children living with you in Monaco or France, provided they are not covered by another mandatory scheme.
How EBC Assists with Social Security
Navigating the Caisses Sociales requires precise administrative timing. EBC provides end-to-end support for:
– Initial Affiliation: Managing the mandatory registration forms for your new company or sole trader activity.
– Class Selection: Advising on the most appropriate CARTI contribution class based on your age and retirement goals.
– Ongoing Declarations: For those with employees, we coordinate with your payroll providers to ensure CCSS/CAR declarations are filed accurately and on time.
FAQ
Do I have to pay social security if I don't draw a salary?
Yes. In Monaco, if you hold a business permit (Sole Trader) or are a Managing Partner of a SARL, you are required to pay the flat-rate CAMTI/CARTI contributions regardless of whether you take a formal salary from the business.
Can I opt out of the Monégasque system if I have private insurance?
No. Affiliation with the Caisses Sociales is a legal requirement of your business permit or employment contract. Private “Top-Up” insurance (Mutuelle) is common and highly recommended, but it does not replace the mandatory state system.es.
Is there a minimum period to qualify for a pension?
To receive a Monegasque retirement pension, you generally need to have completed at least 10 years of work (or the equivalent in points) in the Principality. If you leave before this, you may be eligible for a reimbursement of certain contributions upon reaching retirement age.
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