Latest Sss Table 2021
IMPACT OF 2021 CONTRIBUTION RATE ON REGULAR SS PROGRAM AND WISP For SE contributing at the maximum MSC of 25000 the additional amount for the monthly SSS contribution is also 850 or about 29 per day.
Latest sss table 2021. Ignacio the contribution rate for 2021 will be 13 one percent higher than for the previous year. SSS Contributions Payment Deadline extended in light 5 Easy Ways to Get your SSS Contributions Payment. The Social Security System SSS releases the new schedule of Contribution which will take effect in January 2021.
For Household Employers and Household Service Workers the minimum and maximum total monthly contributions are PHP 140 and PHP 3280 respectively. Though this is applicable only to land-based OFWs bacause sea-based OFWs follows the Employee-Employer contribution table. Meanwhile the maximum compensation range is pinned at 24750 with a total contribution of 3250.
The Social Security System SSS has finally released the official monthly contribution tables for 2021 which mandate the increase in monthly SSS contribution and changes in the Minimum and Maximum Monthly Salary Credit MSC effective January 2021. 2020-033-b as a notice to all Employers and Employees regarding the New Schedule of SSS Contribution Table effective January 2021. SSS Contributions Payment Deadline 2021.
The Social Security Systems SSS new contribution rate which is set to take effect in January 2021 will be at 13 1 higher than the current rate. New Schedule of SSS Contribution Table 2021. On December 7 2020 and later on revised on December 22 2020 the Social Security System SSS has issued SSS Circular No.
For 2021 the monthly premium contributions shall be at the rate of 350 computed straight based on the monthly basic salary with a salary floor of P10000 and a ceiling of P70000 to be equally shared by the employees and their employer. 10 Comments January 5 2021. The SSS contribution tables below are comprehensive for most situations in the Philippines.
Its current minimum compensation range is set to 3250 with a total contribution of 390. Aside from the increase in contribution rate part of the changes will require all those whose salary brackets start at 20250 and above. 578-s2020 dated 04 November 2020.