Social Security Max 2024 Contribution In India. Thus, an individual with wages equal to or larger than $168,600 would contribute $10,453.20 to the oasdi program in 2024, and his or her employer would contribute the same amount. The maximum payment for recipients who are 65 years of age or older is $3,426 per month, and the maximum payment for recipients who are 66 years of age or older is $3,652 per month.
The social security rate for employees in india stands at 12 percent. Social security rate for employees in india averaged 12.00 percent from 2008 until 2024, reaching an all time high of 12.00 percent in 2009 and a record low of 12.00 percent in 2009.