North Macedonia Social Security Contribution Rates and Minimum/Maximum Contribution Basis for 2020

North Macedonia has adjusted the social security contributions rates for 2020. The contribution types and rates are as follows:

• Mandatory pension and disability – 18.8% (up from 18.4%)
• Mandatory health insurance – 7.5% (up from 7.4%)
• Mandatory employment insurance - 1.2% (unchanged)
• Additional health insurance for workplace injury and occupational disease - 0.5% (unchanged)

The adjusted contribution rates apply for the payment of salaries from the month of January 2020.

In addition to the…