What are the Voluntary SSS Contribution Rates in the Philippines?
Learn about voluntary SSS contribution rates in the Philippines based on your monthly income bracket.
41 views
Voluntary SSS contributions in the Philippines depend on your monthly income bracket. As of recent guidelines, the contribution rate is 13% of your monthly salary credit (MSC), shared by the employer and employee at different ratios. For self-employed or voluntary members without employers, they must cover the entire 13% themselves. The minimum MSC is PHP 3,000, resulting in a monthly contribution of PHP 390, while the maximum MSC is PHP 30,000, resulting in a monthly contribution of PHP 3,900.
FAQs & Answers
- What is the minimum SSS contribution for voluntary members? The minimum SSS contribution for voluntary members is PHP 390, based on a monthly salary credit of PHP 3,000.
- How is the SSS contribution rate calculated? The SSS contribution rate is calculated at 13% of the monthly salary credit, with specific ratios for employers and employees.
- Can self-employed individuals contribute to SSS voluntarily? Yes, self-employed individuals can contribute to SSS voluntarily and must cover the full 13% contribution themselves.
- What is the maximum SSS contribution for voluntary members? The maximum SSS contribution for voluntary members is PHP 3,900, based on a monthly salary credit of PHP 30,000.