Wednesday 17 June 2020

Sss voluntary contribution

What is the current SSS contribution rate? Can I still pay my SSS contribution? How to check your SSS contribution? Who can pay SSS contribution?


What are the Responsibilities of Voluntary SSS Member?

As an SSS Voluntary Member, there will no longer be an employer who will automatically deduct your SSS Contribution and Loan payment from your payroll. It is you who will personally do it. Pay your SS Contributions regularly either monthly or quarterly within the prescribed schedule.


As a Voluntary Member, you can pay your SSS contribution monthly or quarterly. SSS has prescribed schedule of payment and deadline according to the 10th digit of your SSS ID Number. If your SSS ID number ends in the deadline of payment is on the 10th day of the following month or quarter. Here is the New SSS Contributions Table for Employe Self Employed , Voluntary and Non-Working Spouse, OFW and Household Members.


The SSS doesn’t allow paying the contribution for the first time as a voluntary member without being registered before as an employe self-employe or OFW member.

Voluntary members can only pay the contribution to continue their SSS coverage after they get separated from employment. Why pay your contribution regularly? As a voluntary paying SSS member, you have the flexibility to actually increase the amount of your monthly contribution , unlike the SSS Employed members that their contribution is automatically computed based on their monthly salary.


For Employed Members, the minimum monthly salary credit is PHP 00 with a total contribution of PHP 25 while the maximum monthly salary credit is PHP 200 with a total contribution of PHP 430. SSS Voluntary Contribution Rates Whether you’re a self-employed or an OFW-member, your SSS contribution rate is of your monthly salary credit, which is based on the monthly income you declared when you updated your SSS membership records. For OFWs, the minimum monthly salary credit is at PHP 00 so the minimum SSS contribution is PHP 960. Rate of contributions to SSS. The monthly contributions are based on the compensation of 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 (). Self-employed and voluntary members pay the of the monthly salary credit (MSC) based on the monthly earnings declared at the time of registration. To check your SSS Contribution , hover your mouse on the Member Infothen click Actual Premiums (see highlighted).


If you are not able to see the menu when hovering the Member Info submenu, use an Internet Explorer 11. The minimum Monthly Salary Credit (MSC) for Regular Employe Self-Employe Voluntary member and Non-Working Spouse is two thousand pesos (PhP 000). If you suddenly got sick or injure you can get a daily cash allowance for the number of days. Female SSS members who recently gave birth or had a miscarriage can avail of maternity benefits in.


Get here – The RS-SSS Form Download or what is called as the contributions payment return form.

Don’t forget to fill in by checking the box corresponding to “Voluntary” in the instructions field part of the form. SSS strictly follows a contribution table that prescribes the maximum amount a person can pay depending on his income level. For example, those earning roughly Php 0a month can pay a maximum of Php 1as contribution. You can get it for.


Kapag rehistrado na, maaari pong iclick ang tab para sa Payment Reference Number o PRN, i-update ang statement of account at i-generate ang inyong PRN. Ito po ang gagamitin sa. Two-thirds of the contribution will be shouldered by the Employer, while the Member-Employee will shoulder the remaining one-third.

No comments:

Post a Comment

Note: only a member of this blog may post a comment.