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SSS

SSS Monthly Contribution Table & Schedule of Payment 2021

Every year, the Social Security System (SSS) issues a table and schedule of fees that shows how much members (employees and employers) need to pay for contributions every month. This is also an important tool used by companies in determining the amounts to be deducted from employees’ salaries per cut-off. Please be guided with the information below with the update amount of contribution per month for every member the schedule of payments. The amount and the deadlines of payment vary depending on your income situation so you need to understand which category you belong and send your contributions as per your status.

Also Read: How to Check SSS Contributions via Text

This SSS table can be used by individual members when checking their contributions posted online. Moreover, we can refer to the table’s monthly salary credit (MSC) based on our salary bracket, to determine the loans and benefits that we can avail from SSS.

SSS Monthly Contribution Table and Schedule of Payment 2019 4

Image Credit: Philippine SSS FB Page

New SSS Contribution Table & Payment Schedule for 2021

Every month, members pay their contributions voluntarily or through the company they work for. Basically, monthly contributions are computed based on the salary bracket to which a member is categorized. It is also depends on whether you are Employed, Self-Employed, a Voluntary Member, a Non-Working Spouse, or an Overseas Filipino Worker (OFW).

There is a new circular issued where it contains a new SSS contribution table which is valid starting from January 2021. Please be informed of this update where there is a price increase from the previous payments.

Be advised of these recent circulars issued by SSS regarding the new monthly contribution amounts:

Check the table below for the Range of Compensation, Monthly Salary Credit, and Amount of Contributions:

RANGE OF COMPENSATION Monthly Salary Credit AMOUNT OF CONTRIBUTIONS
Regular Social Security / Employees Compensation Mandatory Provident Fund Total REGULAR SOCIAL SECURITY EMPLOYEE’S COMPENSATION MANDATORY PROVIDENT FUND TOTAL
ER EE TOTAL ER EE TOTAL ER EE TOTAL ER EE TOTAL
Below 3,250 3,000 3,000 255 135 390 10 10 265 135 400
3,250 – 3,749.99 3,500 3,500 297.50 157.50 455 10 10 307.50 157.50 465
3,750 – 4,249.99 4,000 4,000 340 180 520 10 10 350 180 530
4,250 – 4,749.99 4,500 4,500 382.50 202.50 585 10 10 392.50 202.50 595
4,750 – 5,249.99 5,000 5,000 425 225 650 10 10 435 225 660
5,250 – 5,749.99 5,500 5,500 467.50 247.50 715 10 10 477.50 247.50 725
5,750 – 6,249.99 6,000 6,000 510 270 780 10 10 520 270 790
6,250 – 6,749.99 6,500 6,500 552.50 292.50 845 10 10 562.50 292.50 855
6,750 – 7,249.99 7,000 7,000 595 315 910 10 10 605 315 920
7,250 – 7,749.99 7,500 7,500 637.50 337.50 975 10 10 647.50 337.50 985
7,750 – 8,249.99 8,000 8,000 680 360 1,040 10 10 690 360 1,050
8,250 – 8,749.99 8,500 8,500 722.50 382.50 1,105 10 10 732.50 382.50 1,115
8,750 – 9,249.99 9,000 9,000 765 405 1,170 10 10 775 405 1,180
9,250 – 9,749.99 9,500 9,500 807.50 427.50 1,235 10 10 817.50 427.50 1,245
9,750 – 10,249.99 10,000 10,000 850 450 1,300 10 10 860 450 1,310
10,250 – 10,749.99 10,500 10,500 892.50 472.50 1,365 10 10 902.50 472.50 1,375
10,740 – 11,249.99 11,000 11,000 935 495 1,430 10 10 945 495 1,440
11,250 – 11,749.99 11,500 11,500 977.50 517.50 1,495 10 10 987.50 517.50 1,505
11,750 – 12,249.99 12,000 12,000 1,020 540 1,560 10 10 1,030 540 1,570
12,250 – 12,749.99 12,500 12,500 1,062.50 562.50 1,625 10 10 1,072.50 562.50 1,635
12,750 – 13,249.99 13,000 13,000 1,105 585 1,690 10 10 1,115 585 1,700
13,250 – 13,749.99 13,500 13,500 1,147.50 607.50 1,755 10 10 1,157.50 607.50 1,765
13,750 – 14,249.99 14,000 14,000 1,190 630 1,820 10 10 1,200 630 1,830
14,250 – 14,749.99 14,500 14,500 1,232.50 652.50 1,885 10 10 1,242.50 652.50 1,895
14,750 – 15,249.99 15,000 15,000 1,275 675 1,950 30 30 1,305 675 1,980
15,250 – 15,749.99 15,500 15,500 1,317.50 697.50 2,015 30 30 1,347.50 697.50 2,045
15,750 – 15,249.99 16,000 16,000 1,360 720 2,080 30 30 1,390 720 2,110
16,250 – 16,749.99 16,500 16,500 1,402.50 742.50 2,145 30 30 1,432.50 742.50 2,175
16,750 – 17,249.99 17,000 17,000 1,445 765 2,210 30 30 1,475 765 2,240
17,250 – 17,749.99 17,500 17,500 1,487.50 787.50 2,275 30 30 1,517.50 787.50 2,305
17,750 – 18,249.99 18,000 18,000 1,530 810 2,340 30 30 1,560 810 2,370
18,250 – 18,749.99 18,500 18,500 1,572.50 832.50 2,405 30 30 1,602.50 832.50 2,435
18,750 – 19,249.99 19,000 19,000 1,615 855 2,470 30 30 1,645 855 2,500
19,250 – 19,749.99 19,500 19,500 1,657.50 877.50 2,535 30 30 1,687.50 877.50 2,565
19,750 – 20,249.99 20,000 20,000 1,700 900 2,600 30 30 1,730 900 2,630
20,250 – 20,749.99 20,000 500 20,500 1,700 900 2,600 30 30 42.50 22.50 65 1,772.50 922.50 2,695
20,750 – 21,249.99 20,000 1,000 21,000 1,700 900 2,600 30 30 85 45 130 1,815 945 2,760
21,250 – 21,749.99 20,000 1,500 21,500 1,700 900 2,600 30 30 127.50 67.50 195 1,857.50 967.50 2,825
21,750 – 22,249.99 20,000 2,000 22,000 1,700 900 2,600 30 30 170 90 260 1,900 990 2,890
22,250 – 22,749.99 20,000 2,500 22,500 1,700 900 2,600 30 30 212.50 112.50 325 1,942.50 1,012.50 2,955
22,750 – 23,249.99 20,000 3,000 23,000 1,700 900 2,600 30 30 255 135 390 1,985 1,035 3,020
23,250 – 23,749.99 20,000 3,500 23,500 1,700 900 2,600 30 30 297.50 157.50 455 2,027.50 1,057.50 3,085
23,750 – 24,249.99 20,000 4,000 24,000 1,700 900 2,600 30 30 340 180 520 2,070 1,080 3,150
24,250 – 24,749.99 20,000 4,500 24,500 1,700 900 2,600 30 30 382.50 202.50 585 2,112.50 1,102.50 3,215
24,750 – over 20,000 5,000 25,000 1,700 900 2,600 30 30 425 225 650 2,155 1,125 3,280

Below are images of the issued statements and announcements from SSS regarding the new schedule of SSS contributions effected January 2021.

SSS contribution table 2021-1

SSS Contribution Schedule for Regular Employers and Employees

Below are the SSS monthly table of contributions schedule starting January 2021 for regular members/employees.

For Employed Members, the minimum monthly salary credit is PHP 3,000, with a total contribution of PHP 400, while the maximum monthly salary credit is PHP 25,000, with a total contribution of PHP 3,280.

Regular Monthly SSS Contributions

Regular Monthly SSS Contributions

SSS Monthly Contribution for Self-Employed Members

Below are the SSS monthly table of contributions schedule starting January 2021 for Self-Employed members:

For Self-Employed, the minimum and maximum total monthly contributions are PHP 400 and PHP 3,280, respectively.

sss contribution table for self employed members

SSS Monthly Contribution for Self-Employed Members

SSS Monthly Contribution for Voluntary Members and Spouses

Below are the SSS monthly table of contributions schedule starting January 2021 for Voluntary Members and non-working spouses:

For Voluntary Members/Non-Working Spouses, the minimum and maximum total monthly contributions are PHP 400 and PHP 3,280, respectively.

SSS contribution table for voluntary workers and spouse

SSS contribution table for voluntary workers and spouse

SSS Monthly Contribution for Household Employers and Domestic Helpers

Below are the SSS monthly table of contributions schedule starting January 2021 for household employees:

For Household Employers and Household Service Workers, the minimum and maximum total monthly contributions are PHP 140 and PHP 3,280, respectively.

SSS contribution table for household employers and workers

SSS contribution table for household employers and workers

SSS contribution table for Overseas Filipino Workers (OFWs)

Meanwhile, below is the new SSS Contribution Table for OFW Members, indicating that the minimum monthly salary credit is PHP 8,000. Please take note of the difference between land-based OFWs in countries that have bilateral labor agreements with the Philippines, along with sea-based OFWS, as compared to land-based OFWs in countries without bilateral labor agreements.

For sea-based OFWs and land-based OFWs in countries with bilateral labor agreements, the minimum total contribution is PHP 970, whereas the maximum contribution is PHP 2,430 per month. On the other hand, the minimum and maximum monthly contributions for land-based OFWs in countries without bilateral labor agreements are PHP 960 and PHP 2400, respectively.

SSS contribution table for OFWs

SSS contribution table for OFWs

Starting January 2021, the SSS shall implement the new schedule of regular social security, employees’ compensation (EC) and mandatory provident fund contributions for Regular Employers & Employees, Self-Employed, Voluntary & Non-Working Spouse, and Household Employers & Kasambahay as mandated under Republic Act No. 11199 or the Social Security Act of 2018, and detailed under SSS Circular Numbers 2020-033-b, 2020-035-b and 2020-036-b as of 22 December 2020.

Difference Between Old and New Contribution Rates

The new contribution rate and new minimum and maximum Monthly Salary Credits (MSC) that will be implemented starting January 2021 are aimed at covering a larger percentage of the contributing members’ monthly incomes, so that they can look forward to larger benefit amounts and/or higher pension savings in the future.

Old Rate – 4% Employee Share + 8% Employer Share = Total of 12%
New Rate – 4.5% Employee Share + 8.5 % Employer Share = Total of 13%

Minimum and Maximum Monthly Salary Credit (MSC)
Old MSC – Php 2,000 to Php 20,000
New MSC – Php 3,000 to Php 25,000

3 Ways to Get your SSS Payment Reference Number (PRN) for the Contributions

  1. Visit the SSS website at www.sss.gov.ph and register to My.SSS to generate PRN online. You may also use your My.SSS login details at the SSS Mobile App and generate using the app.
  2. Inquire on PRN thru Text SSS. Just type SSS PRN <10-digit SS number> <PIN> <Date of Birth> and send to 2600 (Php2.50 per text for Globe, Smart and Sun subscribers).
  3. Requeste via email at prnhelpline@sss.gov.ph

Significant Features of the New Contribution Schedule

1. For those contributing at an MSC of Php 20,000 and below, the additional amount per month ranges from Php 10 to Php 100 only, for both the employee and employer.

2. For self-employed and voluntary members, the additional amount for monthly contributions ranges from Php30 to Php 200 only.

3. For those contributing at an MSC above Php 2000 to the maximum Php 25,000, the additional amount for monthly contributions ranges from Php 265 to Php 850, which all go to the member’s WISP account.

Payment Schedule for All SSS members (Employee & Employers)

There are also updates in terms of the schedule when you should pay, whether you are a regular employee or you want to pay voluntarily. Please make sure that you are aware of the dates and deadlines because it is only for special cases (like OFWs) that you are able to backtrack your payment, but even so, there is still a last day for you to backtrack your contributions.

As for the payment schedule, the deadline for paying monthly contributions remain as follows:

  • Regular Employers – last day of the month following the applicable month
  • Household Employers – last day of the month following the applicable month or calendar quarter
  • Self-Employed, Voluntary and Non-Working Spouse Members – last day of the month following the applicable month or calendar quarter
  • OFW Members – January to September – until December 31 of the applicable year, October to December – until January 31 of the following year

 

Video: SSS 2021 Payment Contributions

Below is a video showcasing the monthly of member contributions. Check it out:

Important Reminders

For Employed Members: Take note of the payment deadlines for member contributions and loans (if any) to avoid incurring penalties. Employee members should also check if their employers are paying for their monthly contributions and member loans, based on the prescribed schedule of payments as shown above. Late payments will result in penalties and delays in the processing/approval of member benefits, as well as loans.

For Voluntary or Self-Employed Members: Settle your payments following the above schedule. However, you can decide on the frequency terms of settling your payments – either on a monthly or quarterly basis. A quarter covers three calendar months that end on the last day of March, June, September, and December. Payment for one, two or all months in a quarter is accepted.

For OFWs: You may settle your payment for the months of January to December of any given year within the same year. Contributions for the months of October to December of a given year may also be settled on or before January 31st of the following year.

Dates for Settlement of Loan Payments: Member loans are to be settled on a monthly basis, in reference to the prescribed schedule of payments as shown above.                    

The establishment of state-owned funds like the SSS aims to provide financial support, assistance, and security for eligible Filipino citizens through the many services and benefits they offer. Therefore, as private working individuals, we are eligible to be part of the national fund system, and it is our responsibility to settle our dues accordingly so that we can take advantage of the benefits and services that the SSS offers.

ALSO READ: How to Get an SSS Payment Reference Number (PRN)

Please do not ever forget to keep contributing for your SSS membership as this will help you in the long run. If you may feel that the amount of pension may not be enough when you retire, it is still a lot better to have something to receive every month compared to not having anything at all. It is wise to invest in our future because it is not all the time that we are young and able. Better learn to use our money and put them to good use.

Also, try to put off money for savings because we don’t know what the future holds for us. Let us all learn to have proper financial education and make sure that we do not easily let our emotions get the better of us especially when it comes to shopping and purchasing unnecessary items.

We hope you find the SSS table and tips above as your main source of reference when you want to know how much you need to pay if you want to continue paying for your Social Security System benefits.

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