New SSS Contribution Table 2019 (with sample computations!)
Here is the latest version of the SSS Monthly Contribution Table 2019, effective for all Social Security System (SSS) members, including OFW and kasambahay, starting April 2019.
With the approval of the new SSS charter, the monthly contribution table has been revised showing higher Monthly Salary Credit (MSC), but requiring higher monthly contributions from all SSS members too.
Highlights of the new SSS Law
The SSS contribution table for 2019, under the new SSS law, is shown below. It now categorizes SSS members into three, with varying MSC and monthly contributions depending on the category in which the member belongs:
- Employed, Self-Employed, Voluntary Member, and Non-Working Spouse;
- Household Employers and Kasambahay;
- Overseas Filipino Workers (OFW)
The newly approved SSS law (RA 11199) now provides for mandatory coverage of all OFW, which means all Overseas Filipino Workers are now REQUIRED to pay monthly SSS contributions depending on their salary.
For the first category (Employed, Self-Employed, Voluntary Member, and Non-Working Spouse), the minimum Monthly Salary Credit (MSC) has been increased from P1,000 to P2,000, while the maximum MSC has also been increased from P16,000 to P20,000.
For the second category (Household Employers and Kasambahay), the minimum Monthly Salary Credit is P1,000 while the maximum MSC is P20,000.
For OFWs, the minimum Monthly Salary Credit is P8,000 while the maximum MSC is P20,000.
Effective April 2019, the new SSS contribution rate is 12% of the MSC — an additional 1% increase from the previous 11% contribution. Two-thirds of the contribution will be shouldered by the Employer, while the Member-Employee will shoulder the remaining one-third.
For kasambahay who is earning less than P5,000 per month, the full SSS contribution will be shouldered by the employer.
For self-employed, non-working spouse, and voluntary members, since they do not have any employer, they will be responsible for paying the entire SS contribution.
For non-working spouse, the contribution will be based on 50% of the MSC of the working spouse.
For a guide on how to read the SSS contribution table and how to compute SSS contributions, refer to our examples below.
SSS Contribution Tables 2019
1. New SSS Contribution Schedule for Employed / Self-Employed / Voluntary Member / Non-Working Spouse
2. New SSS Contribution Schedule for Household Employers and Kasambahay
3. New SSS Contribution Schedule for OFW
How to Compute SSS Contributions
Here are step-by-step instructions on how to use the table, also explained in detail in our Guide on How to Read the SSS Monthly Contribution Table:
Step 1. Under the “Range of Compensation” column, look for the row where your gross or basic monthly salary falls under.
For example, if you are an Employee of a company in the Philippines with gross monthly salary of P15,000.00, the relevant row is the “P14,750 – P15,249.99” compensation range in the first table above (“SSS Contribution Table for Employed members”).
Step 2. The amount of the EmployER share and EmployEE share can be seen in the “Total Contribution” columns.
The Employer pays the amount in the “Total Contribution – ER” column, while the Employee pays the amount in the “Total Contribution – EE” column. The amount to be remitted to SSS by the employer is in the “Total Contribution – Total” column.
So in the case of an Employee earning P15,000 salary per month, the EMPLOYER SHARE is P1,230.00 while the EMPLOYEE SHARE is P600.00. This means, the employee will be deducted the amount of P600.00 from his or her monthly salary, while the employer must remit to SSS the full contribution of P1,830.00 (computed as P1,230.00 + P600.00).
Step 3. Take note, however, that as per the SSS Citizen’s Charter, “compensation” refers to “actual remuneration for employment, including the mandated cost of living allowance, as well as the cash value of any remuneration paid in any medium other than cash except that part of the remuneration received during the month in excess of the maximum salary credit as provided in the SS Law.”
This simply means that the actual remuneration received by the employee, and NOT the stated gross or basic monthly compensation, will be the basis when computing the SSS contribution. A clear application of this is shown in Example 2 below.
Step 4. If you’re a Self-Employed (SE), Voluntary Member (VM), or Non-Working Spouse (NWS), the only relevant column is the “SE/VM/NWS SS Contribution” column. There is no Employer share, which means you’ll be the only one shouldering the entire contribution.
So if you’re a Voluntary Member earning gross compensation of P5,000 per month, your SS contribution will be P600.00 per month.
Sample Computations: SSS Contributions
Example 1: Regular Employee earning P18,000 monthly salary
Mr. Suave works as a BPO call center agent in the Philippines. His gross monthly compensation is P18,000. How much will be deducted from his salary as SSS contribution (EE Share)? How much is the Employer share (ER Share)? How much will the employer remit in total to SSS?
Answer. From the SSS contribution table above:
|Range of Compensation||Monthly Salary Credit||Total Contribution - Employer (ER)||Total Contribution - Employee (EE)||Total Contribution to be Remitted to SSS|
|P17,750 - P18,249.99||P18,000||P1,470||P720||P2,190|
Employee Share (EE) = P720
Employer Share (ER) = P1,470
Total Remittance to SSS = P2,190
Example 2: Regular Employee with Overtime Pay and Late Deductions
Ms. Minchin is a bank teller receiving P15,000 per month. She received an overtime pay for the month amounting to P1,000 but she was late several times and was penalized late deduction of P500. How much will be remitted to SSS?
Answer. Although Ms. Minchin’s gross basic salary is P15,000, the relevant amount is “actual remuneration or payment” received by the employee, according to the SSS Citizen’s Charter.
The actual remuneration she received was P15,500 (computed as P15,000 plus + P1,000 overtime minus – P500 late deduction). Given remuneration of P15,500, the relevant Compensation Range row is P15,250 – P15,749.99 (NOT the P14,750-P15,249.99 row based on her P15,000 basic salary).
Her SSS contribution will be computed as follows:
|Range of Compensation||Monthly Salary Credit||Total Contribution - Employer (ER)||Total Contribution - Employee (EE)||SSS Contribution to be Remitted|
|P15,250 - P15,749.99||P15,500||P1,270||P620||P1,890|
Employee Share (EE) = P620
Employer Share (ER) = P1,270
Total Remittance to SSS = P1,890
Example 3: OFW earning P50,000 per month
Mr. Seaman works as an OFW receiving gross compensation amounting to P50,000 per month. How much will he pay as SSS contribution? How much will his employer contribute?
Answer. Mr. Seaman will pay the Employee share of P800, while his employer will be required to pay the Employer share of P1,630. The total contribution to be remitted to SSS is P2,430.
|Range of Compensation||Total Contribution - Employer (ER)||Total Contribution - Employee (EE)||Total Contribution to be Remitted to SSS|
|P19,750 - above||P1,630||P800||P2,430|
Example 4: Kasambahay earning P3,000 per month
Yaya Dub is a kasambahay employed by Mr. Alden. Yaya Dub earns gross salary of P3,000 per month. How much is Yaya Dub’s Employee share?
Answer. According to the new SSS law, kasambahays earning less than P5,000 per month are not required to pay the Employee share. The entire contribution amount of P370 shall be paid and remitted to SSS only by Mr. Alden, employer of Yaya Dub. (Relevant “range of compensation” is the row P2,750 – P3,249.99.)
Deadline to Pay SSS Contributions
Here’s a summary of the SSS payment deadlines this year (January to June 2019):
- Regular Employers – end of the month after the applicable month.
- Household Employers – end of the month after the applicable month or quarter, depending on the schedule of payment.
- Self-employed (SE) / Voluntary member (VM) / Non-working spouse (NWS) – contributions for the months of January 2019 until June 2019 may be paid until July 31, 2019.
Example 1 (Regular Employers): Contribution for the month of February may be paid until March 31.
Example 2 (Household Employers): Contribution for the month of May may be paid until July 31.
Example 3 (SE / VM / NWS): Contribution for the month of April may be paid until July 31.
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