Self Employed Sss Monthly Contribution, Guide For Sss Self Employed Membership Moneygment

For employed members the minimum monthly salary credit is php 2000 with a total contribution of php 250 while the maximum monthly salary credit is php 20000 with a total contribution of php 2430.

Local government functions in the philippines. The current sss contribution rate is 11 of the monthly salary credit not exceeding p16000 and this is being shared by the employer 737 and the employee 363. There are 37 monthly salary credits beginning from 2000 pesos and increasing in increments of 500 pesos up to the maximum of 20000 pesos as of the latest sss contribution table effective april 2019. Meaning if you were previously employed your employer mustve remitted your sss contributions and it must have been posted in your sss account.

If you want to download the sss contributions table 2020 then you may double click this image and save on your phone for your handy reference here is the new sss contributions table for employed self employed voluntary and non working spouse sss members for ofw members. For quarterly sss remittances any payment for 1 2 or 3 months are accepted. Here is the new sss contributions table for employed self employed voluntary and non working spouse ofw and household members.

Effective april 2019 below is the new sss contribution table for employed self employed voluntary members and non working spouses. Paid at least three 3 monthly contributions within the 12 month period preceding the semester of sickness. Salary credit is the amount used by sss to compute your salary loan amount sickness benefit amount maternity benefit amount and pension amount.

Self employed and voluntary members pay the 11 of the monthly salary credit msc based on the monthly earnings declared at the time of registration. The new contribution schedule will be implemented for the applicable month of april and payable in may 2019. All existing ec benefits shall be enjoyed by self employed members in accordance with the implementing guidelines of sss and ecc.

Starting applicable month of september 2020 payment reference number prn issued to sss self employed members will include ec contributions. The sss contribution table below is for self employed individuals voluntary members and overseas filipino workers. Sss benefits for self employed members.

For ofws the minimum monthly salary credit is p5000. Sss contribution for self employed and voluntary members can be monthly or quarterly basis every 3 months which ends on the last day of march june september and december. Confined for at least four 4 days.

Sickness benefit daily cash allowance paid to a member for the number of days heshe is unable to work due to sickness or injury.