How To Calculate Sss Contribution 2020

Present or provide your PRN when paying a contribution. SSS Pension calculator helps you compute how much monthly pension you can receive from SSS Social Security System a government agency of the Philippines. SS Contribution EC Contribution.

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This will show all your monthly SSS contributions paid since the year you started as an SSS member.

How to calculate sss contribution 2020. Contributions for SSS and PhilHealth are increasing on 2021. Where can I pay my SSS contribution. For Self-Employed and Voluntary SSS Members.

Effective April 2019 the employee SSS contribution will increase. For the basics of the computation. This is computed at 12 of your average monthly salary credit MSC but not exceeding Php 20000.

The calculator assumes that your salary for the whole duration of your working career is fixed. We are currently limited to computing the contribution for employed members only. Sweldong Pinoy is a salary calculator for Filipinos in computing net pay withholding taxes and contributions to SSSGSIS PhilHealth and PAG-IBIG.

For an employee with an MSC of Php 20000 the total monthly contribution is Php 2630 Php 900 employees share Php 1730 employers share with EC contribution. Payment channels for OFWs. Enter the code as it is shown.

The SSS Monthly Pension is calculated using three formulas. ER EE Total ER. Now going back to the Monthly Salary Credit or MSC for example if your declared monthly income is P10000 it falls under the range of compensation P9750-P1024999 and the MSC for this is P10000.

How to Compute Your SSS Contribution SSS The amount that members remit to the SSS depends on two factors. Based on the table your monthly salary credit is pegged as P10500. You pay the remaining 363 or P38150.