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…