Sss contribution table 2018

The rate is being shared by the employee () and the employer (). The amount of contribution per month is based on the compensation of the member. The member’s contribution is of the monthly salary credit not more than P1000.

The total premium will be shared by the member () and the employer (). Self-employed and voluntary members pay for the total SSS contribution table (such members would shoulder the employer share). Your SSS contribution is based on the amount of your salary or compensation. For Employed Members.

The current SSS contribution rate is of the monthly salary credit not exceeding P10and this is being shared by the employer () and the employee (). Here is the New SSS Contributions Table for Employe Self Employe Voluntary and Non-Working Spouse, OFW and Household Members. Domestic Workers Act or the Batas Kasambahay, the employer pays the entire contribution if the kasambahay earns less than five thousand pesos (PhP 000) per month. Paying of SSS contribution and knowing when to settle it are made easier using the new SSS Contribution Table which you can see below.

This is computed at of your average monthly salary credit (MSC) but not exceeding Php 2000. The employee’s share is while the employer pays the remaining. Employees receiving compensation of less than P2will have a minimum MSC of P0and must contribute P2monthly, which corresponds to the equivalent.

Below are the latest contribution table for SSS , Pag-IBIG and PhilHealth contribution. References: SSS , PhilHeath and Pag-IBIG. On the SSS contribution table , you’ll find the MSC that corresponds to your income range. The new SSS Contribution Schedule.

SSS monthly contribution of ₱110. Every month, members pay their contributions voluntarily or through the company they work for. Basically, monthly contributions are computed based on the salary bracket to which a member is categorized. You can use this new SSS contribution table if you are an employe self-employe voluntary member, or a non-working spouse.

Household Employers, Kasambahay, and OFW Members You use this new SSS contribution table if you are a household employer, kasambahay, or an OFW member. There is an update for the SSS Contribution this year. If you had been paying your SSS , here is the complete schedule for employers, employee, self-employe OFWs and voluntary members as well.

Includes range of compensation. It will also affect those who pay their SSS contribution as voluntary or self-employed members, and as Overseas Filipino Workers (OFW). This is for illustration purposes only as it will be different in the coming years. Wise Guy will get starting at age 60.

The monthly premium contribution should just be at the rate of 2. SSS versus Pag-IBIG Loan: Comparison Guide uPraxis Global Limited (UPGL) and JustPayroll Inc’s (JP) Corporate Response to the Global Impact of the Coronavirus also known as Covid-19. The Social Security System ( SSS ) administers social security protection to workers in the private sector. On the other han the Government Service Insurance System (GSIS) takes care of workers in the public sector.

The Employees’ Compensation Program (EC). Paying SSS contribution in Bayad Center (ex. LBC, Western Union and others), accept payment for SSS contribution unless if your monthly contribution is updated if not they will not accept any payment.

The SSS administers two programs namely: 1. It should be always update so pay always on time to avoid going to any SSS Branch for your convenience. To illustrate the formulas, two SSS members made contrasting contributions amounts over years. One, say, Pedro, has monthly salary credit of P100 the maximum salary level for SSS contribution , contributes P7every month.

Another SSS member, said Juan, has P00 the lowest salary level for SSS contribution and contributes P1per.