New Contribution Table Of Sss 2020

The SSS shall implement the NEW SCHEDULE OF REGULAR SOCIAL SECURITY EMPLOYEES COMPENSATION EC AND MANDATORY PROVIDENT FUND CONTRIBUTIONS for Regular Employers Employees Self-Employed Voluntary Non-Working Spouse and Household Employers Kasambahay as mandated under Republic Act No.

New contribution table of sss 2020. New SSS Contributions Table for Employed SSS Members. The total contribution includes a small payment to the Employee Compensation Program which is 1000 for an MSC of up to 14500 and 30 for an MSC of 15000 or more. PhilHealth suspends contribution increase.

On December 7 2020 and. 11199 otherwise known as the. Below is a the official memo from SSS Circular 2020-035-b with the revised SSS contribution tables applicable to Voluntary Members VM and Non-Working Spouse members.

There are lot of SSS members who find it hard to comply with the schedule and their contribution. The Social Security System SSS issued a new SSS contribution table for 2020 that shows how much their members need to pay as contributions each month. The said increase is 12 from the recent 1 percentage point.

The maximum MSC to P25000 effective year 2021 the new schedule of contributions of employers ER and employees EE is hereby issued and shall be effective for the applicable month of January 2021 as per Social Security Commission SSC Resolution No. SSS Monthly Contribution for Voluntary Members and Spouses. Concurrently the minimum and maximum monthly salary credit MSC will rise up to P2000 and P20000 respectively.

53 rows Pursuant to the enactment of Republic Act No. If you are an active member of SSS whether employed self-employed voluntary or non-working spouse this table is beneficial to you. Guidelines for the Implementation of the Mandatory Provident Fund MPF Program for SSS Members.

Please note that the table below reflects the. November 15 2020 by Gio. The new law has also increased the minimum MSC from Php 2000 in 2020 to Php 3000 in 2021.