Seychelles Pension Fund contribution calculator 2026

The Seychelles Pension Fund (SPF) collects a mandatory pension contribution every month. Choose whether you are an employee or self-employed and enter the gross pay to see who pays what.

The rates below have applied since 1 January 2023, when the SPF raised the employee and self-employed shares.

How it's calculated

An employee pays 5% of gross pay, deducted by the employer from the salary.
The employer pays a further 5% of the same pay out of its own pocket.
A self-employed worker pays 10% of the gross income declared to the SPF.

An example

An employee earning SCR 25,000 a month has SCR 1,250 deducted. The employer adds SCR 1,250, so SCR 2,500 reaches the fund. A self-employed person who declares SCR 20,000 pays SCR 2,000.

Frequently asked questions

When did the employee rate go up?

The SPF notice of 8 December 2022 raised the employee rate from 4 % to 5 % from 1 January 2023. The employer rate stayed at 5 % and the self-employed rate rose from 9 % to 10 %.

What if I keep contributing from abroad?

The SPF FAQ says that a member who continues from abroad pays both the employee and the employer share, which is 10 % a month at the current rates.

Is there a minimum for the self-employed?

The SPF page on self-employed workers states a mandatory contribution of 10 % of declared gross pay or a minimum monthly amount. Check that page for the minimum in force before you pay.

Key terms

SPF: The Seychelles Pension Fund, the body that runs the mandatory contributory pension.
Declared gross pay: The income a self-employed person reports to the SPF as the base for the contribution.
Employer share: The part of the contribution the employer pays on top of the salary.