CONTRIBUTION SCHEDULE FOR REGULAR SOCIAL SECURITY

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CONTRIBUTION SCHEDULE FOR REGULAR SOCIAL SECURITY,

EMPLOYEES’ COMPENSATION, AND PROVIDENT FUND

for Regular Employers & Employees, Self-Employed, OFWs,

Voluntary & Non-Working Spouse Members and Household Employers & Kasambahay

Effective JANUARY 2021

As mandated under Republic Act No. 11199 or the Social Security Act of 2018, and detailed under

SSS Circular Numbers 2020-033-b, 2020-034-b, 2020-035-b, 2020-036 and 2020-039 as of 22 December 2020.


Contribution Rate

The 2021 Contribution Rate, Minimum and Maximum Monthly Salary Credits (MSC)

Minimum and Maximum MSC

Employee Share

2020 Rate 4.0% 8.0% 12.0%

2021 Rate 4.5% 8.5% 13.0%

Employer Share

Minimum

2020 MSC

₱ 2,000 ₱ 20,000

2021 MSC ₱ 3,000 ₱ 25,000

Maximum

Total

Covers a larger percentage of members’ monthly incomes.

Ensures larger benefit amounts and/or pensionsavings in the future.


SIGNIFICANT FEATURES OF THE 2021 CONTRIBUTION SCHEDULE

1

2

3

Additional monthly amount ranges from ₱10 to ₱100 only for combined employee and employer shares.

Additional monthly contributions ranging from ₱265 to ₱850, will all go to the member’s WISP account (Provident Fund)

Additional monthly contributions range from ₱30 to ₱200 only.

For those contributing at an MSC of ₱20,000 and below:

For those contributing at an MSC above ₱20,000 to the maximum ₱25,000 :

For self-employed and voluntary members:


WORKERS’ INVESTMENTAND SAVINGS PROGRAM (WISP)

Contributions starting at MSC above 20,000 shall go to the ₱

SSS Provident Fund called

WISP benefits include total disability, death, and retirement pensions of these ON TOPbenefits under the regular SSS program.

WISP contributions are shared bythe employee and employer.

Self-Employed, Voluntary and OFW-membersshoulder WISP contributions on their own.


IMPACT OF 2021 CONTRIBUTION RATE ON REGULAR SS PROGRAM AND WISP

EMPLOYED

MSCOLD CONTRIBUTION RATE

REGULAR PROGRAM

3,000

10,000

20,000

ER

ER

ER

250

810

265

860

1,7301,630

15

50

100

EE

EE

EE

120

400

135

450

900

15

50

100

370

1,2101,210

2,430

400

1,310

2,630

30

100

200

REGULAR PROGRAM

REGULAR PROGRAMTOTAL TOTALWISP TOTAL

NEW CONTRIBUTION RATE DIFFERENCE

25,000ER 1,730 525425

EE 900 3252253,280 850

1,630*

800

800*2,430*

For employers and employees contributing at the maximum MSC of ₱25,000, the additional amount for the

monthly SSS contribution will increase by ₱850, with₱325 coming from EE, and ₱525 from the ER



For SE contributing at the maximum MSC of ₱25,000,the additional amount for the monthly SSS contribution

is also ₱850, or about ₱29 per day.

SELF-EMPLOYED


REGULAR PROGRAM

3,000

10,000

20,000

25,000

370

1,210

2,430 2,430

2,430* 2,430*

1,210

400

1,310

2,630

2,630

SE

SE

SE

SE

370 400

1,310

2,630

3,280650

30

100

200

850

30

100

200

850

REGULAR PROGRAM





For VM/NWS contributing at an MSC of ₱20,000 and below,the additional amount ranges from ₱30 to ₱200 per month .

VOLUNTARY AND NON-WORKING SPOUSE


REGULAR PROGRAM

3,000

10,000

20,000

25,000

360

1,200

2,400 2,400

2,400* 2,400*

1,200

390

1,300

2,600 2,600

2,600

VM

VM

360 390

1,300

3,250650 850

30 30

100 100

200200

850

REGULAR PROGRAM



VM

VM

Effective January 2021


REGULAR EMPLOYERS AND EMPLOYEES (8.5% for Employers and 4.5% for Employees)

SSS CONTRIBUTION SCHEDULE



SELF-EMPLOYED MEMBERS




VOLUNTARY MEMBERS AND NON-WORKING SPOUSE




HOUSEHOLD EMPLOYERS AND KASAMBAHAY




OVERSEAS FILIPINO WORKERS



DEADLINE OF PAYMENT OF CONTRIBUTIONS

TYPE OF PAYOR DEADLINE

Regular Employers

Self-employed, Voluntary and Non-Working Spouse Members

Household Employers

OFW-members

last day of the month following the applicable month

last day of the month following the applicable month or calendar quarter

last day of the month following the applicable month or calendar quarter

January to September – until December 31 of the applicable year

October to December – until January 31 of the following year


THREE (3) WAYS TO GET PAYMENT REFERENCE NUMBER (PRN)

FOR CONTRIBUTIONS

1

2

3

Inquire on PRN thru Text SSS. Just type SSS PRN <10-digit SS number> <PIN> <Date of Birth> and send to 2600 (₱2.50 per text for Globe, Smart and Sun subscribers).

Request via email at [email protected]

Visit the SSS website at www.sss.gov.ph and register to My.SSS to generate PRN online. You may also use your My.SSS login details at the SSS Mobile App and generate PRN using the app.

Documents

CONTRIBUTION SCHEDULE FOR REGULAR SOCIAL SECURITY