How can I see my SSS contribution table?
How to Check Your SSS Contribution Online
- Step 1: Visit the SSS Website. Access the SSS website at www.sss.gov.ph. Upon entering the website, an “I’m not a robot” pop-up will appear.
- Step 2: Log in to Your My. SSS Account.
- Step 3: Go to the SSS Contribution Inquiry Page. Hover your mouse on the “Inquiry” tab.
How much is the contribution for SSS 2022?
Employed members are required to pay 13% of their monthly salary credit (MSC). The employer pays 8.5% while the employee pays 4.5%. The minimum monthly salary credit is ₱3,000 while the maximum monthly salary credit is ₱25,000.
How much is the contribution for SSS 2021?
13%
How Much is My SSS Contribution? For 2021, SSS set its contribution rate at 13% of the monthly salary credit (MSC) that’s up to ₱25,000. Employers and employees share the current rate where 8.5% of contributions come from employers, and employees give 4.5% worth of contributions to SSS.
How much is the maximum contribution in SSS?
Effective January 2021, SSS has increased its contribution rate from 12 percent to 13 percent and adjusted the monthly salary credits (MSC) for members to P3,000 as minimum and P25,000 as maximum.
How much is the SSS contribution in the Philippines?
If you are employed, the current SSS contribution rate is 12% of your monthly salary credit (MSC) not lower than P2,000 and not exceeding P20,000, and this is being shared by you (employee) and your employer at 4% and 8%, respectively.
Did SSS increase in 2021?
Despite this and four months after RA No. 11548 was signed, an EO has yet to be issued. The letter noted that the scheduled increase in SSS premium for this year, to 13 percent from 12 percent, already took effect in January 2021.
How many years should I pay SSS contribution?
Member must have paid at least 120 monthly contributions prior to the semester of retirement and is any of the following, whichever is applicable: at least 60 years old and separated from employment or has ceased to be an SE/OFW/Household Helper (optional retirement);
How much is the pension of SSS?
Formula 1: The minimum pension shall be PHP 1,200 for members with at least 10 CYS and P2,400 for those with at least 20 CYS. Using this formula, the monthly pension will be PHP 2,400 since the CYS is 25. This is the guaranteed pension for members paying the minimum monthly contribution.
How can I see my contributions online?
How to check your SSS Contribution Online
- Step 1: Visit the SSS website.
- Step 2: Go to the SSS Member Portals.
- Step 3: Log in to Your SSS Account with your user ID and Password.
- Step 4: Go to the Inquiry and then Select “Contributions.”
- Step 5: Check Your SSS Contributions.
How can I access my SSS account online?
Go to www.sss.gov.ph and tick on the box that says “I’m not a robot”. Click Submit. Next, under Portals, click on Member. You’ll then be taken to the SSS Member Login Portal.
Is SSS contribution based on gross pay or basic pay?
Note: When you create an employee his SSS and Philhealth Contributions will default to Based on Gross Income.
Does SSS pensioners have bonus 2021?
Furthermore, those who were able to receive less than P10,000 in 2020 will be receiving a cash gift amounting to their one-month pension or a maximum of P10,000. Those who are retired pensioners or disabled living as of November 30, 2021 will still be eligible for the cash gift.
Is there increase in SSS pension in the Philippines?
Only PHP1,000 additional increase in SSS pensions was implemented in 2019 out of the total PHP2,000 hike. The estate pension fund for private workers deferred the implementation of the second half this year after weighing its impact on the agency’s actuarial life.
What is the SSS contribution rate?
This is the amount the employer must remit to the SSS, which is posted on the employee’s SSS account after payment. Another way to compute the monthly contribution is to use this formula: MSC x Contribution Rate. Again, let’s use the MSC of Php 20,000 as an example.
How much does my employer pay to my SSS?
Based on the SSS contribution table below, your employer pays P770.00 while you (the employee) pay P380.00 for a total monthly contribution of P1,150.00. The total contribution includes a small payment to the Employee Compensation Program, which is P10.00 for an MSC of up to P14,500, and P30 for an MSC of P15,000 or more.
How much is the monthly contribution of the self-employed in the Philippines?
Self-employed members with a monthly salary credit (MSC) below Php 15,000 will pay a monthly EC contribution of Php 10 whereas those with MSC of Php 15,000 and above will pay Php 30.
What are the SSS contribution changes in 2020 and 2021?
This change will affect SSS members except for Kasambahay and Overseas Filipino Workers whose minimum MSC will remain at Php 1,000 and Php 8,000, respectively. Likewise, the maximum MSC will increase from Php 20,000 in 2020 to Php 25,000 in 2021. What do these changes mean? Obviously, you’re paying a higher monthly contribution now.
