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  1. #1
    Chief viclogic's Avatar
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    New SSS Contribution Schedule effective January 2014

    Hello everyone! The Philippines Social Security System (SSS) has issued a New Contribution Schedule / Table which shall be implemented effective January 2014.



    Notes:

    SE/VM/OFW members who have already paid their contributions in advance for the applicable months of January 2014 onwards based on the old contribution schedule are advised as follows:


    1. Those with advance payments at the minimum MSC of P1,000 (P5,000 for OFW members) shall settle underpayments amounting to P6.00 per month (P30.00 per month for OFW members); otherwise, such advance payment shall be deemed as ineffective contributions; and
    2. Those with advance payments at an MSC other than the minimummay opt to pay the corresponding increase in contributions to retain posting at the same MSC; otherwise, such advance payment shall be posted at the applicable lower MSC.



    The minimum salary credit for OFW is P5,000. The maximum salary credit has increased from P15,000 to P16,000

    Source: https://www.sss.gov.ph
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  2. #2
    New Member johnl's Avatar
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    Thanks for sharing!
    I don't think this is fair enough. They have given 1M bonuses to their heads and that must be investigated first before implementing this new roll out.

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