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The new SSS Contribution table below shows the new contributions for the following: Regular Social Security (SS), Employees Compensation (EC) and. Mandatory Provident Fund (MPF) Programs that are administered by SSS. Important Note: This article is for All Employer and Employee.
Feb 3, 2021 · Starting January 2021, all employed SSS members with monthly salary credit of at least P24,750 will need to contribute P650.00 to the mandatory SSS Provident Fund. This amount is to be shared by the employee and employer, with the employee paying P225.00 and the employer paying P425.00 every month.
Pursuant to SSS Circular No. 2020-034-b dated 23 December 2020, the schedule of SSS contributions for all self-employed members effective January 2021 is as follows: OF
Republic of the Philippines Social Security System
Jan 5, 2021 · The Social Security System SSS releases the new schedule of Contribution which will take effect in January 2021. Aside from the increase in contribution rate, part of the changes will require all those whose salary brackets start at 20,250 and above to contribute to the SSS PESO Fund or the Mandatory Provident Fund.
Pursuant to the enactment of Republic Act No. 11199, otherwise known as the Social Security Act of 2018, which includes a provision that increases the Social Security (SS) contribution rate to 13%, the minimum Monthly Salary Credit (MSC) to P3,000, and the maximum MSC to P25,000 efective year 2021, the new schedule of contributions of employers ...
Apr 8, 2023 · Here’s everything you need to know about computing your SSS contribution using the latest SSS contribution tables. Related: SSS Online Registration Guide: 4 Easy Steps. Table of Contents. Who Can Pay SSS Contribution? Why Pay Your Contribution Regularly? How To Compute Your Monthly SSS Contribution: The Basics. The New SSS Contribution Schedule.
On December 22, 2020, the Social Security System (SSS) has issued Circular No. 2020-034-b as a notice to all Self-Employed Members regarding the New Schedule of SSS Contribution Table effective January 2021.
ALL EMPLOYERS AND EMPLOYEES NEW SCHEDULE OF SSS CONTRIBUTIONS EFFECTIVE JANUARY 2021 Pursuant to the enactment of Republic Act No. 11199, otherwise known as the Social Security Act of 2018, which includes a provision that increases the Social Security (SS) contribution rate to 13%, the minimum Monthly Salary Credit (MSC) to P3,000, and the maxim...
Dec 7, 2020 · Pursuant to the enactment of RA No. 11199, known as the Social Security Act of 2018, the new schedule of contributions of employers and employees is hereby issued and shall be effective for the applicable month of January 2021 as per Social Security Commission (SSC) Resolution No. 578 s.2020 dated 04 November 2020.
