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SSS Contribution Table 2024 - Employees and Employers. For employees and employers of a company here in the Philippines, the changes on the new SSS Contribution has taken effect since January 2024.
8 kwi 2023 · For employers and employees, here’s how to determine the monthly contribution using the new SSS contribution table: 1. On the leftmost column (“Range of Compensation”), find the salary bracket where the current monthly income falls and its corresponding Monthly Salary Credit (MSC) on the “Total” column.
An SSS contribution table is a list of various amounts that must be paid by employers and employees into the Social Security System each month to maintain their membership status. The contributions vary based on income levels, with higher incomes requiring larger amounts.
3 lut 2021 · Here are the official SSS Contribution Tables for 2021. Sample computations with mandatory SSS Provident Fund contribution also included.
The employee contribution table outlines the minimum and maximum monthly salaries of covered employees, the minimum and maximum monthly contributions for each salary bracket, as well as the required contributions for each salary bracket.
The Social Security System (SSS) adjusts its contribution rates annually to sustain the program’s financial stability and ensure adequate benefits for its members. Below are the rates for the years 2019, 2020, 2021, 2022, 2023, 2024, and the upcoming changes in 2025.
29 wrz 2023 · The SSS contribution table below is for private employers and employees in the Philippines. This table is updated to reflect the SSS contribution hike effective January 1, 2023 . Click here to download the PDF version of the SSS contribution table for employers and employees.
