The Social Security Rate For Employees in Micronesia stands at 7.50 percent. Social Security Rate For Employees in Micronesia averaged 7.50 percent from 2020 until 2025, reaching an all time high of 7.50 percent in 2021 and a record low of 7.50 percent in 2021. source: FSM Social Security Administration



Related Last Previous Unit Reference
Corporate Tax Rate 21.00 21.00 percent Dec 2025
Sales Tax Rate 5.00 5.00 percent Dec 2025
Social Security Rate 15.00 15.00 percent Dec 2025
Social Security Rate For Companies 7.50 7.50 percent Dec 2025
Social Security Rate For Employees 7.50 7.50 percent Dec 2025



Micronesia Social Security Rate For Employees
In Micronesia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Micronesia because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
7.50 7.50 7.50 7.50 2020 - 2025 percent Yearly