Armen Shahnazarian
Toronto District School Board/Teacher, Secondary
2024 Salary — last year on the list
$125,079Total compensation $125,079, including $0 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2024
Employer Rank
#4,813Toronto District School Board
Years on List
32021–2024
Peak Salary
$125,0792024
Full 2024 roster at Toronto District School Board →·See where $125,079 ranks →
Total Compensation History
Full History
2021–2024
$101,946 in 2021 is worth about $118,217 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2024 | Teacher, SecondaryToronto District School Board | $125,079Benefits $0Total $125,079 |
| 2022 | Teacher SecondaryToronto District School Board | $101,743Benefits $0Total $101,743 |
| 2021 | Teacher SecondaryToronto District School Board | $101,946Benefits $0Total $101,946 |
Take-Home Pay
(After Tax) · 2024 estimate
Take-home on Armen Shahnazarian's 2024 salary of $125,079 comes to roughly $89,220 once federal and Ontario income tax (about 24.6% effective) is deducted. Compared with 2022, when the figure was $101,743, that is a rise of about 23%. Among those listed as Secondary Teacher in 2024, the median was $132,423; this salary sits about 6% below it. Most School Boards employees belong to OTPP for teachers or OMERS, so actual take-home is likely another 7–10% lower after pension contributions.
- Estimated net pay
- ~$89,220
- Effective income-tax rate (excl. CPP/EI)
- ~24.6%
- CPP + EI contributions
- ~$5,105
- All-in deduction rate (incl. CPP/EI)
- ~28.7%
- vs. 2024 Secondary Teacher median
- −6%
Where does $125,079 rank on the Sunshine List? →
Estimate only: 2024 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.