iCalculator™ AM Armenia Social Security Calculator for Pension Contribution (Lower Rate)
This calculator for Armenia is part of our payroll calculators suite which support salary and income tax calculations in Armenia. With this Pension Contribution (Lower Rate) Calculator, you can calculate the associated contributions due for Pension Contribution (Lower Rate) in Armenia based on your annual income in the 2024 tax year, this includes, where appropriate, employee and employer pension contribution (lower rate) contribitions.
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Pension Contribution (Lower Rate) in Armenia
Pension Contribution (Lower Rate) is subject to annual review in Armenia and rates and thresholds can change from year to year. The table below defines the associated tax years and tax rates that are integrated into the Armenia Income Tax calculators on iCalculator™ AM:
Armenia Current and Historic Social Security Rates for Pension Contribution (Lower Rate)| Tax Year | Employee Rate | Employer Rate | Combined Rate |
|---|
| 2023 | 5% | 0% | 5% |
| 2022 | 5% | 0% | 5% |
| 2021 | 5% | 0% | 5% |
| 2020 | 5% | 0% | 5% |
| 2019 | 5% | 0% | 5% |
If you believe any of these rates are incorrect or you would like additional tax years adding to the Armenia tax suite then please contact us. All updates and amendments are complementary, we appreciate the support from our community with providing up to date free tax tools for Armenia. Note that you can view all tax years for Armenia supported by iCalculator™ AM here, this includes all payroll associated taxes and deductions that are applied in Armenia.