Updated SSS Contribution Table 2018

Here is the latest and updated SSS Contribution Table 2018. All employers, employees, self-employed, voluntary members, and OFWs must be aware of the this contribution table.

For employers and employed people, see the table below. Notice it’s the same as the previous year as SSS plans to increase the contributions passed in the Senate is still pending and not yet approved. So same amounts as last year still applies.

Updated SSS Contribution Table 2018

SSS Contributions | Self-Employed, OFWs and Voluntary Members

SSS Contribution Table

Rate of Contributions to SSS

The monthly contributions are based on the compensation of members ( Please see table on the last page). The current SSS contribution rate is 11% of the monthly salary credit not exceeding P16,000 and this is being shared by the employer (7.37%) and the employee (3.63%).

Self-employed and voluntary members pay the 11% of the monthly salary credit (MSC) based on the monthly earnings declared at the time of registration.

For OFWs, the minimum monthly salary credit is pegged at P5,000.

For the non-working spouse, the contribution will be based on 50% of the working spouse’s last posted monthly salary credit but in no case shall it be lower than P1,000.

Due Dates of Contributions

Due Dates of SSS Contributions

For Employed Members

It is important that you are aware of the payment deadlines for contributions and member loans in order to avoid incurring penalties. If you are an employee-member, your employer must pay your contributions and member loans monthly in accordance with the prescribed schedule of payment which is according tothe 10th digit of the Employer’s ID Number. Late payments will result to penalties and delays in the processing of your benefits and loans.

The frequency of payment is on a monthly basis for business and household employers.

For Self-Employed and Voluntary Members

If you are a self-employed or a voluntary member, the prescribed schedule of payment is also being followed, (depending on the 10th (last digit) of the SE/VM SS number). However, the frequency of contribution payments for self-employed or a voluntary member can be on a monthly or quarterly basis. A quarter covers three (3) consecutive calendar months ending on the last day of March, June, September and December. Any payment for one, two or all months for a calendar quarter may be made.

For OFWs

Payment of contributions for the months of January to December of a given year may be paid within the same year; contributions for the months of October to December of a given year may also be paid on or before the 31st of January of the succeeding year.

Due Dates of Loan Payments

For member loans, payment should be made monthly in accordance with the prescribed schedule of payment which is according to the 10th digit of the SS ID/Number.

Useful Articles

Source: sss.gov.ph and philpad.com

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8 Comments

  1. hello, ask ko lang po…voluntary member po yung asawa ko, yung current monthly contribution is P330.00….pwede po ba gawing 550.00 sa ngayun….
    please advise,,,thanks

  2. Hi mam/sir tnung qlng po dati po Aq employee 5months nhulugn ung sss q bht po ng nd nku ngwork nd qna nhulugN pwd q po ba un ipagpatuloy at gawin self employed tnx po

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