Sss Table For 2020

The sss monthly contribution rate will rise from 12 of the msc in 2019 and 2020 then to 13 in 2021 and 2022 then to 14 in 2023 and 2024 and finally to 15 of the msc by the year 2025.

Sss table for 2020.

Retrieved 28 december 2020. 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. You can find the new 2020 sss contribution table below. New phic and sss contributions table effective january 2021.

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. Further extension of deadline of remittance of contributions in aid to recovery. Guidelines for the implementation of the mandatory provident fund mpf program for sss members. Effective april 2019 sss members shall follow the new sss contribution table 2019.

New sss contribution table 2020 are you looking for the updated sss contribution table 2020. Using the sss contribution table for household employers and kasambahay. Self employed sss members may now register to compensation program. Sss contribution table 2020 for self employed voluntary member and non working spouse minimum monthly salary credit is p2000 00 the contribution of the non working spouse shall be based on 50 of the monthly salary credit msc of his her working spouse.

For sss members who are self employed or overseas filipino workers kindly check this contribution table for reference. The sss contribution table for 2020 is located below specifically created for those who are self employed voluntary or are overseas filipino workers. Sss contribution table for. 11199 or the social security act of 2018 2018.

The maximum monthly salary credit will also rise from p20 000 in 2019 to p35 000 in 2025. Again the new contribution rate is 12. New sss table of contribution updated 2020 the minimum monthly salary credit or msc is p2 000. If you are a worker in the private sector who is earning p2 250 or less every month your contribution will be p240 p2 000 x 12 240.

Sss contribution table for employed members in 2020 the following sss contribution table contains how much members need to contribute monthly for their accounts effective april 2020.