Sss voluntary contribution

Can voluntary members pay SSS contributions? Will SSS automatically deduct my SSS contribution? What is the maximum SSS contribution? It is you who will personally do it.

Pay your SS Contributions regularly either monthly or quarterly within the prescribed schedule.

You may use the SSS Contributions Payment Return (SSS Form R-5). SSS has prescribed schedule of payment and deadline according to the 10th digit of your SSS ID Number. If your SSS ID number ends in the deadline of payment is on the 10th day of the following month or quarter. Voluntary members can only pay the contribution to continue their SSS coverage after they get separated from employment.

Why pay your contribution regularly? For Employed Members, the minimum monthly salary credit is PHP 00 with a total contribution of PHP 25 while the maximum monthly salary credit is PHP 200 with a total contribution of PHP 430. SICKNESS A daily cash allowance paid for the number of days a member is unable to work due to sickness or injury. Sickness Benefit Qualifying Conditions 1.

See full list on pinoy-ofw. The monthly contributions are based on the compensation of members. The current SSS contribution rate is of the monthly salary credit not exceeding P10and this is being shared by the employer () and the employee (). Self-employed and voluntary members pay the 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 P000. For the non-working spouse, SSS contribution will. 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 to the 10th digit of the Employer’s ID Number. Late payments will result to penalties and delays in the processing of your benefits and loans. 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 comments, concerns and inquiries contact: International Toll-Free Nos. For Employed Members , the minimum monthly salary credit is PHP 00 with a total contribution of PHP 25 while the maximum monthly salary credit is PHP 200 with a total contribution of PHP 430. The SSS contribution table below is for self-employed individuals, voluntary members and overseas Filipino workers.

Siya ay dapat na hindi pa naging SSS member. This SSS contribution payment guide applies only to employers and individually paying members (self-employe voluntary , non-working spouse, and land-based OFWs in countries without bilateral labor agreement). However, in the event the self-employed or voluntary member does not realize earnings in a given month, payment of SSS contributions for that month is no longer required.

Once you become an SSS member, you’re covered for life even if you miss your monthly payments.

There’s no penalty for individual members who fail to pay their contribution for a certain period. However, the SSS doesn’t allow members to make retroactive payments just so they qualify for a loan or benefit. How much do you pay and where do you pay?

The minimum Monthly Salary Credit (MSC) for Regular Employe Self-Employe Voluntary member and Non-Working Spouse is two thousand pesos (PhP 000). As a Voluntary Member, you can pay your SSS contribution monthly or quarterly. The SSS has a table of monthly contributions for employed and voluntary members. In this way, people would be able to know how much they need to put in their monthly contributions so that they can avail of the benefits of the organization.

For Voluntary and Self-Employed. You can pay your SSS contribution at the SSS Office (Cashier) or at any accredited SSS Payment Center like SM Business Center or Bayad Center. Search for at FastQuickSearch.