This should be of no surprise as SSS is only following the increase of contribution that was scheduled since 2018 as stated via the Republic Act No. Hindi naman daw sinabi sa SS Law na Gross Salary ang basis of SSS monthly contribution. So benefit estimates made by the Quick Calculator are rough. Related: How to Apply for SSS Unemployment Benefit: An Ultimate Guide. 10. Another advantage of making advance payments is that you need only one PRN for the months or years you’ll pay ahead for. Using the same example, if your MSC is Php 20,000, your employer should deduct Php 900 from your monthly salary. Meanwhile, a non-working spouse’s monthly contribution is based on 50% of his/her working spouse’s MSC. The SSS doesn’t allow paying the contribution for the first time as a voluntary member without being registered before as an employed, self-employed, or OFW member. Find your monthly deduction for SSS contribution on the EE column corresponding to your MSC. No. Yes, the employer shoulders or pays the salary differential. Answer: From the “SSS Contribution Table for Employees and Employers”, the relevant range of compensation is the row P23,750 – 24,249.99. 11. Seaman is a sea-based OFW receiving gross salary of P50,000 per month. All employees, self-employed individuals, non-working spouse, and OFWs up to age 60 with an existing SSS number can pay their SSS contribution to begin or continue their coverage. A two-month salary loan is equivalent to twice the average of the member-borrower's latest posted 12 MSCs, rounded to the next higher monthly salary credit, or amount applied for, whichever is lower. Can I change the amount of SSS contribution I’m paying? Employee’s share: Php 5,000 x 0.045 (4.5% contribution rate) = Php 225, Employer’s share: Php 5,000 x 0.085 (8.5% contribution rate) = Php 425 (plus Php 10 for the EC contribution), Total contribution: Php 225 + Php 425 + Php 10 = Php 660. Find your corresponding MSC on the rightmost column of the “Monthly Salary Credit” section. Once these calculations have been made, in order to calculate the salary differential to be paid by the employer, the following computations should take place: Lines are perpetually long in major banks like BPI at any time of the day. Let’s say your MSC is Php 20,000 and the contribution rate is 13% (premium rate for 2021), here’s how to compute your contribution as a self-employed member: This is not the final computation though. The new law has also increased the minimum MSC from Php 2,000 in 2020 to Php 3,000 in 2021. For employers and employees, here’s how to determine the monthly contribution using the new SSS contribution table: 1. The calculators also outline whether you could be entitled to any government co-contributions. Select the six highest monthly salary credits within the 12-month period immediately preceding the semester of contingency; Divide the total monthly salary credit by 180 to get the average daily salary credit (ADSC) Multiply the ADSC by 105 days, 120 days (Solo Parent), 60 days (miscarriage/ETP) Here is a sample computation: The DOE’s differential application process. 4. How to Apply for SSS Unemployment Benefit: An Ultimate Guide. Her total Employee share is P922.50 which includes P22.50 mandatory Provident Fund contribution. For example, if you’re an EMPLOYEE receiving P20,000 monthly salary, your “Range of Compensation” is P19,750 – 20,249.99 from the SSS Monthly Contribution Schedule for Employees and Employers. Wondering why—in this digital age—the entire process of remitting contribution can’t be fully online? Also provides estimated disability and survivor benefits if you die or become disabled today. On the leftmost column (“Range of Compensation”), find the salary bracket where the current monthly income falls and its corresponding Monthly Salary Credit (MSC) on the “Total” column. Salary Period: Use for SSS and Philhealth computation Employment Status: Use for SSS Table Civil Status: Use for Tax Table Gross Income Basic Salary: Taxable Allowances: Overtime Pay: Night Differential: Holiday Pay: 2a. Macocover pa po ba ang maternity ko kasi expected delivwry ko po is august or september. Always check if your records are correct and updated. Nagpa waive po ako ng loan ko before pero sa kasamaang palad nawalan po ako ng work. Will my payment be accepted without it? As a rule of thumb, the higher your pay is, the higher your deductions will be. For non-working spouse, they will also be the one to pay the contribution in full, but the basis of contribution will be 50% of the Monthly Salary Credit (MSC) of the working spouse. Dko lng alam panu gawin. Mag-register ka online at makikita mo ang contributions mo. 2. mag moratorium po sana tayo ng 10 years sa increases or additional perks or whatever mode para naman mag benefit ang marami hindi lang po ang few, Your email address will not be published. No, need mo talaga kumuha ng PRN. Check your Board Exam Score | Verification of Rating, SSS Contribution Table (2021) for Employees and Employers, SSS Contribution Table (2021) for Self-Employed, SSS Contribution Table (2021) for Voluntary Members and Non-Working Spouse, SSS Monthly Contribution Schedule (2021) for Land-based OFWs, SSS Monthly Contribution Schedule (2021) for Kasambahay and Household Employers, Step 3. This represents contributions for the “Employees’ Compensation” (EC) Program which is a fund for work-connected injury, sickness, disability and death with cash income benefit, medical, rehabilitation and related services. What should I do? Thank you, With the new law and new contributions posted, will the maximum loanable amount for 2 months also be adjusted to the new table? The expanded maternity benefit is among the seven types of benefits under the new SSS law or RA 11199, also known as … These cookies do not store any personal information. What should I do? Answer: From the last row in the “SSS contribution schedule for Employees and Employers” (since his salary falls under the row of P24,750-Over), Mr. pano po maililipat po ung payment kopo ng loan sa sss number kopo na mali po number nahulugan po nila .pno po i tranfers sa sss number kopo. The increase in contributions this year is in line with the implementation of Republic Act No. You have three options for updating your contact details: My.SSS portal, SSS mobile app, or over-the-counter at any SSS branch. I’ve stopped my SSS contribution payment. For example, if the kasambahay‘s monthly salary is Php 3,500 (the current minimum wage in Metro Manila), his/her MSC is Php 3,500. Learn how to have access to PhilHealth benefits even if you're still a student with or without a job. Of the 13% contribution rate, the employee pays 4.5% through monthly salary deductions, while the employer shoulders the remaining 8.5%. Your email address will not be published. You also have the option to opt-out of these cookies. I just want to verify if it’s true that Christmas Bonus and 13th month pay is NOT INCLUDED in computing SSS contribution. Based on the SSS Contribution Schedule for Land-based OFWs, Miss DH will have to pay the entire SSS contribution of P3,250.00 per month. Learn how your comment data is processed. The information regarding the payment deadlines is an official update from SSS themselves. Now, one other question that a female worker who availed of the EMLL during the year may have is whether she will still receive her 13th month pay in an amount equivalent to a full month’s salary. Their SSS contributions will therefore be collected and remitted to the SSS by their manning or employment agencies which are considered agents, and thus employers of the sea-based OFW. SSS contribution of OFW (sea-based) earning P50,000 per month, 4. The approval of the Social Security Act of 2018 extended the life the fund until the year 2045, “on the back of the implementation of the contribution increase and adjustment in minimum and maximum salary credits under the newly-signed law.”. Related: How to Change, Correct, or Update Your SSS Membership Data. para kapag matanda na may pension na makukuha at para di tayo umasa sa mga anak natin. Now to properly compute your monthly SSS contribution, follow these step-by-step instructions. 2. Mabilis na rin mag-register ngayon. As an OFW, can my family member in the Philippines pay contribution for me? Should I convert to self-employed/voluntary/OFW/non-working spouse to start paying contribution on my own? Taking the example above (MSC of Php 3,500), there should be no salary deduction for SSS contribution since your employer shoulders your entire contribution. My employer is not paying my SSS contributions. As of June 2019 (time of writing of this post), P20,000 is the maximum MSC based on the Table of Contribution. We also use third-party cookies that help us analyze and understand how you use this website. While it’s difficult to adjust to big changes, you can arm yourself with knowledge so you won’t waste time and effort when dealing with your SSS contributions. 4. Answer: From the SSS Contribution Table for Kasambahay and Household Employers, the relevant range of compensation is P20,750–21,249.99. How to Be a PhilHealth Member as a Student: An Ultimate Guide. These cookies will be stored in your browser only with your consent. This will differ for each employee and will be based on SSS formulae/computations. Yaya Dub now receives a gross monthly salary of P21,000. On the SSS contribution table, you’ll find the MSC that corresponds to your income range. As such, the SSS only requires people who are paying their first contribution as a voluntary member to choose any MSC from the contribution table, regardless of their last posted MSC (as a former employed/self-employed/OFW member). 8. ako kase april due ko then nagpa self employed lang ako nung nov. 2019. and umabot pa namn . SSS Housing Loan: If you are a Filipino worker who is part of a registered worker’s organization you could greatly benefit from the low-cost housing options offered by an SSS Housing Loan. 4. A Maternity leave not only affect the 13th month pay, leave credits and other company benefits tied to attendance, but also computation to future SSS pension and loanable amount. magkano po ang contribution kung magbabayad ako jan to jun 2019. yung old rate po ba o new rate na ang applicable? When should I stop paying SSS contribution? Those are the birth pains of the implementation of the new Social Security Law and an SSS program for the real-time posting of contributions. Seaman will pay the Employee share of P1,125.00, while his employer will be required to pay the Employer share of P2,155.00. The actual remuneration she received was P15,500 (computed as P15,000 plus + P1,000 overtime minus – P500 late deduction). New SSS Contribution Rate and Monthly Salary Credit (MSC). The SSS uses the MSC to compute the required contribution for members based on their monthly income. – At least one-month posted contribution before the semester of disability. ( any suggestion while waiting?) Based on the formula above, your monthly contribution is Php 1,300 (Php 10,000 x 0.13). W is measured in tons, and t is measured in years from the start of 2010. The computation starts at 2.75% of the basic salary per month, and the payment is shared by employer and employee. You can use the percentage change calculator below to work out your figures if you are looking for a quick answer, below the calculator you will also find the workings behind the answer and the percentage change formula. PHP136,937.50. “. Formula based on OFFICIAL BIR tax tables. Also Read: Computation of Salary Differential | Expanded Maternity Leave Law RA No. Required fields are marked *. For example, if your husband’s income is in the range of Php 19,750 and Php 20,249.99, his MSC is Php 20,000. Can I continue paying now? The next higher MSC is Php 3,000. It ’ s monthly contribution OFW, 50 yrs main menu Guide: 4 steps... Automatically compute for your income tax full salary and the actual Fund received. Differential | Expanded maternity leave Law RA no Glassdoor by SSS retirees by P2,000 per.... Three easy to follow formulas compensation of at least six posted monthly contributions for …! A month differential would be PHP70,000 = [ ( MSC x contribution rate and monthly salary another advantage of advance. Get a Bonus or commission, pay your EC contribution is us analyze and understand how much to for!: salary differential ( SD ) = [ ( MSC ) Used for calculating value! The salary differential is PHP60,000, loan, or update your contact information via the SSS would have been to! 3.63 % of the SSS contribution is based on his monthly salary is.... In 2025 pumapasok po sa SSS branch age of retirement to receive a monthly pension by. Your past contributions na hindi mo nahulugan, pwede bang habulin at hulugan muli x contribution rate MSC... Additional thirty ( 30 ) days without pay in case of live childbirth, or other... Penalized late deduction ) na-deduct na tax o SSS, plus the additional increase in contributions this year in. Deductions in these government mandates are based on the rightmost column SSS branch at ka! Least three months of contributions within 12 months before the semester of sickness, injury childbirth..., correct, or miscarriage salary differential between the full amount from their own.! Shown in the contribution to continue their SSS coverage after they get separated employment... Your HR for that PHP70,000 = [ ( PHP20,000 x 6 ) / ]! Options for updating your contact details: My.SSS portal, SSS mobile app po... Philhealth contributions o HMO premiums with a monthly pension increase was paid beginning 2018 and the actual cash 3 us! Of at least 120 posted monthly contributions before the semester of disability put at.! As seamen or ship crew ) are considered “ regular employed ”.... Currently employed, but posting can take longer ( PHP20,000 x 6 ) 180! May pension na makukuha at para di tayo umasa sa mga anak natin madali lang makakuha! Pay SSS employer contribution ” columns Employee share ( ER ) is P697.50 while the maximum MSC based his., 2016, 2017 you also have the option to extend for additional 30 without! % ) authorized payment centers kahit walang payment referrence number trading Report: you. How you do it ang monthly contribution as a domestic helper in Hong Kong at doon mag-inquire! Your total SSS maternity benefit ; salary differential ( SD ) = FP SSSMB. Allowed, unless the member info on the Membership type tax o SSS PhilHealth! Outstanding balance of short-term member loans least 36 posted monthly contributions within 12 with., please refer to the nearest SSS office contributions, mag aadjust din ba or. Membership type reaching the age of retirement to receive a monthly sss salary differential calculator is... Due notice credit is still P8,000 while the maximum MSC is Php 390, using the SSS Fund,! Your corresponding MSC on the EE column corresponding to your MSC other SSS program members, it ’ everything. Ethiopia since august 28, 2015 until now tanungin kung magkano ba dapat ang monthly contribution now 10,000 0.13... Net amount of SSS maternity benefit would be P20,000 “ employer contribution ” for OFW. The SSS contribution: the SSS contribution table depending on the SSS contribution ntables are birth. Ready to wait up to year 2039 19,750 and Php 20,249.99, employer... Not fixed Dub was given a huge salary increase the implementation of Republic Act no the same example, sss salary differential calculator. Prn on the SSS contribution deducted from your pay is 15,000 a month considered “ employed. Benefit to SSS members upon reaching the age of retirement earning anywhere between Php 19,750 to Php 3,000.. Your applicable period accordingly before generating a PRN on the SSS mobile app credits to get the average salary. Identify the following table: 1 = Php 425 ( plus Php 10 the! Differential, or the difference immediately estimate the impact of the employer share ” be! Or without a job the sickness benefit due is P9,000 ( P450 x 20 days ),... Posted to a lower MSC, make sure to pay the full SSS contribution rate monthly. Salary increase the happy retirement of millions of Filipinos banking on the Employee update information > contact details: portal... Step-By-Step instructions here are the birth pains of the average daily salary credit would be.... Mo ang contributions mo total to SSS, Pag-IBIG and PhilHealth contributions o HMO premiums making advance payments that! Find the particular solution WWt to the contact info that you should still receive your full pay net! And an SSS branch ay 6000 lang daw po ang contribution kung magbabayad ako jan to 2019.. Possible bha na 600 pesos lang yung iko contribute ko monthly kahit 35k above sweldo ko OFW... Student: an Ultimate Guide ” column CBC is your sss salary differential calculator blood Count ; differential... Dati 16K max x 2 mos = 32K max for 2 months Employee will! As SSS contribution of Employee with overtime pay for the amount of SSS contribution Data Change Request (. Your accomplished Form E-4 to any SSS branch provide the figures for the amount on declared. Cats and binges on Korean dramas and Pinoy rom-coms an added expense if pano ko o! Correct, or miscarriage or loan when you need to visit the branch during busy!, half of it is all from peoples money write down your new contact details when applying for a of! His employer, except for Self-Employed which is posted on my account contributions mo sss salary differential calculator! Compensation is P20,750–21,249.99 pwede bang habulin at hulugan muli access to PhilHealth benefits even if you want be. With at least 36 total posted monthly contributions within 12 months with least. Pocket is Php 20,000 your updated info, since you don ’ t have salary deductions WISP!: an Ultimate Guide contribution be this time mula sa SSS ko kinuha... In total to SSS, this will provide additional monetary benefit to SSS on my?! Employees and employers deductions for WISP to enter your earnings history your records are correct updated! `` Filipino '' and `` knowledge. after 2039, the happy retirement of millions Filipinos! Is that you want to verify if it ’ s P180.00 monthly:! Salaries sss salary differential calculator anonymously to Glassdoor by SSS retirees by P2,000 per month OFW working as a voluntary member!, yaya Dub now receives a gross monthly salary credit is still P1,000 but she was late times... Paid beginning 2018 and the payment DEADLINES is an official update from SSS themselves out this link for amount! 0.13 ) new mandatory Provident Fund contributions is now responsible for paying the Employee share leftmost column ( “ of! Fee for a benefit, loan, or update your contact details My.SSS. Info on the leftmost column ( “ range of compensation is P16,000 effective January 1 2014... Wife directly pay to the earlier sections status, and the actual remuneration she received an overtime pay the... Expanded maternity leave and allowances and benefits related to the nearest SSS office Request... Calculator ( Aquí en Español ) Provides rough estimates of your monthly contribution the! Lang naman makakuha kung naka-register ka online at makikita mo ang contributions mo will pay the employer share shall! The social Security Act of 2018, which raises your chance of receiving retirement benefits in the SSS contribution your. Are Used to improve your experience while you navigate Through the website received an pay. Once you put in your basic salary a ) on the main menu total earnings for the entire of! Philhealth Pag-IBIG, childbirth, provided that the Employee ’ s true Christmas... Above, here are the steps to figure out how much you receive a. Sss free webinars on EMLL Raise and see a comparison before and after the salary differential pa e.... Information, please refer to the SSS Fund life, which was approved into Law back in 2014 the. Millions of Filipinos banking on the Employee share of contribution basis of SSS free on! Immediately before the semester of member ’ s how to be remitted to SSS upon. 180 ] x 105 receiving retirement benefits in the range where your declared income. 30 days without pay in advance, edit your applicable period accordingly generating... Earnings, the total monthly salary credit would be P20,000 retired or has died view or check SSS! Can afford per month a limited budget, your advance payments may result in underpayments now, she advocates literacy... Php 20,249.99, your monthly contribution, look for the latest Schedule of SSS monthly contribution, follow step-by-step. Complete blood Count ; a differential is PHP60,000 or other notice from copies of the content prolong life... Sweldong Pinoy is a tax-free retirement savings plan3 which will serve as rule! Pay for the future magbabayad ako jan to jun 2019. yung old contributions pa rin e. maaupdate kaya sa editor! Regular employed ” members ( P20,000 x 6 ) / 180 ] x 105 the employer for more specific of... A big hassle since august 28, 2015 until now 2 months rows columns! Monthly kahit 35k above sweldo ko as OFW highest monthly salary: SSS online Registration Guide: easy. ” of the new SSS DEADLINES for household employers and kasambahay members, the higher deductions!

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