Latest Sss Contribution Table 2020 For Ofw

New SSS Contribution Table Effective January 2021.

Latest sss contribution table 2020 for ofw. Ss contribution total contribution total total ec contribution monthly salary credit ss contribution 2 250 2 750 - 3. If youre an OFW the minimum monthly salary credit is. Its non-obligatory and hassle-free funding on top of their SSS premium contributions.

In accordance with Republic Act No. On December 7 2020 and later on revised on December 22 2020 the Social Security System SSS has issued SSS Circular No. 750 - 5 250 750 - 5 6 250 - 6 750 - 250 - 7 7 750 - 8.

11199 otherwise known as the Social Security Act of 2018 which includes a provision that increases the Social Security SS contribution rate to 13 effective on January 2021. A recent circular released by the Social Security System SSS states that the minimum monthly contribution among OFWs is now pegged at Php 1040 AED 7902 or Php 12480 AED 94826 per year. 2020-039 dated December 17 2020 stipulated the new schedule of contributions for all land-based OFW members.

SSS Contribution Table for Self-Employed Voluntary and OFW Members. This is 8 higher than 2020s minimum monthly contribution at Php 960. Concurrently the minimum and maximum monthly salary credit MSC will rise up to P2000 and P20000 respectively.

SSS Contribution Table for OFWs Effective April 2019 Minimum Salary Credit for OFWs is 8000 SSS Contribution Table for Voluntary Self-Employed and Non-Working Spouse Effective April 2019 Did you make advance payments using the old table of SSS contributions. 2020-033 SSS Circular No. 48 rows News and Updates.

SSS Monthly Contribution Table 2021 for Land-based OFWs. Please take note of the difference between land-based OFWs in countries that have bilateral labor agreements with the Philippines along with sea-based OFWS as compared to land-based OFWs. Find your corresponding MSC on the Monthly Salary Credit column.