Social Security Contributions in Turkmenistan
Turkmenistan operates a mandatory social security system. Both employees and employers contribute, with a significant employer burden. The system provides retirement pensions, disability benefits, and survivor benefits.
Overview of Turkmenistan Social Security System
The social security system in Turkmenistan manages several benefit programs:
- Retirement Pensions: Old-age and disability pensions
- Survivor Benefits: Benefits for dependents of deceased workers
- Disability Insurance: Coverage for work-related and non-work-related disabilities
Contribution Rates (2026)
Contributions are calculated as a percentage of the employee's gross monthly salary, subject to a maximum monthly ceiling of TMT 500,000.
Employee Contributions (Total: 1%)
- Social Security: 1%
Employer Contributions (Total: 20%)
- Social Security: 20%
Registration
All employers must register with the social security authorities. Registration requires:
- Company registration certificate
- Tax identification number
- List of employees with personal details
- Employment contracts
Monthly Declarations
Employers must submit monthly contribution declarations, detailing:
- Each employee's gross salary
- Employee and employer contributions
- Any adjustments from previous months
Declarations and payments are due by the 15th day of the following month.
Social Security Benefits
Retirement Pension
- Retirement age: 62 for men, 57 for women
- Minimum contributions: Varies by age and gender
- Pension amount: Based on average salary and contribution history
Disability Benefits
- Available for workers who become disabled before retirement age
- Amount based on contribution history
Survivor Benefits
- Benefits paid to eligible dependents of deceased workers
International Social Security
Turkmenistan has limited bilateral social security agreements, primarily with CIS countries. Employees seconded to Turkmenistan from countries with agreements may be exempt from local social security contributions for a limited period.
Penalties for Non-Compliance
- Late registration: Fines apply
- Late declaration: Penalties per month of delay
- Late payment: Interest per month
- Non-compliance may result in legal action