Armenia

Social security system for self-employed persons in Armenia has several peculiarities:

1.  The Global social insurance contribution rate for self-employed persons depends upon their declared income:

- declared annual gross income below or equal to 1.200.000 drams:          

               15% of declared annual income

- declared annual income above 1.200.000 drams:        

               180.000 drams + 5% of the amount

               above 1.200.000 drams

- minimum contribution:

               60.000 drams per year

- maximum contribution:     
           none

Owners of agricultural land do not pay any social insurance contributions as from 01.01.2003.

2.*  The calculation base for monthly sickness cash benefit is the average declared earnings over the 3 calendar months preceding the sickness, and the amount of benefit depends upon the length of time over which the Compulsory Insurance Contribution has been paid:

   Duration of insurance   % calculation base

        8 or more years             100%

        up to 8 years                  80%

       

   minimum benefit:    None

   maximum benefit:   None

The allowances are determined based on the calculated average monthly salary (income) of the self-employed individual.

Self-employed individual’s average monthly salary (income) is determined through dividing by 12 the income for the year preceding the occurrence of temporary disability that is applied in estimation of statutory social payments.

The average salary (income) applied in the calculation of the allowance amount for a self-employed individual is divided by 30,4 (average number of days in a month) and multiplied by the number of  calendar days  of  temporary disability.

3.  The duration of sickness cash benefits is:

- sickness (only in hospital):

          maximum 2 months per calendar year

- nursing a child at hospital:

          for the whole period in hospital

- nursing children at home:               
      no coverage

- sickness (only in hospital):

          maximum 60 calendar days per calendar year

- nursing a child at hospital: full duration, counting from 2^nd day

          for the whole period in hospital

- nursing children at home:full duration, counting from 2^nd day

      no coverage

4.  Employment pensions for invalidity, old-age and survivors are based on periods of insurance and are available to self-employed persons according to the same conditions and at the same amounts as are applied to all residents.