Philippines – The Social Security System or SSS has recently updated or increase their SSS Monthly Contribution that will cover all their SSS members, the changes have already taken effect last month April 2019 but the actual increase for me or maybe for most of us will begin this month of May 2019.
According to the new and updated contribution table all members will increase their monthly contribution by 12% in pursuant of Republic Act No. 11199. The new SSS Contribution payments still cover employers (ER), employees (EE), self-employed, voluntary members, OFWs, kasambahay, and non-working spouse.
April 2019 Updated SSS Contributions
I’ve been paying my SSS Contribution quarterly as a voluntary member, my monthly contribution is amounting to PHP 550.00 only with a grand total of PHP 2,200.00 per quarterly payment, but upon checking my online SSS Account last April 2019 I noticed that my monthly contribution increases to PHP 600.00, a PHP 50.00 increase from my previous monthly contributions. For me, it’s not bad at all cause it's yours after all.
After that I generate and print my SSS Payment Reference Number amounting PHP 2,400.00 that will cover the month of May, June, July and August 2019 and I will pay it to the nearest SSS accredited payment center such as Western Union or Bayad Center.
It is also advisable that all SSS members must have or create an SSS Account Online to have an easy access on such online viewing of the SSS premium or monthly contribution, Employee Static Information (ESI), printing of PRN #, online scheduling, SSS Loan and others.
While, for other SSS members such employers, employee, OFWs, Kasambahay, you can check the SSS Website for the latest updates of their own SSS Contribution Table.
