The Social Security System increased the SSS contribution brackets in 2021. Effective January 2021, SSS members must comply with the updated monthly contributions to maintain their active membership status.
Pursuant to the enactment of Republic Act No. 11199, which includes a provision that increases the contribution rate to 13%, the minimum Monthly Salary Credit (MSC) to P3,000, and the maximum MSC to P25,000, the new SSS Contribution Schedule of employers (ER), employees (EE), self-employed, voluntary members, kasambahay, and non-working spouse is issued and shall be effective for the applicable month starting January 2021. The minimum MSC for OFW is 8,000.
What is SSS Contribution Table?
SSS Contribution Table is the official contribution schedule issued by the Social Security System (SSS) in the Philippines to guide SSS members the specific amount of their monthly contributions according to their monthly salary credit or range of monthly compensation.
New SSS Contributions Added Provident Fund
The new SSS contributions table and schedule highlight the addition of mandatory provident fund for members to implement the Workers’ Investment and Savings Program (WISP).
I thought to share the latest SSS contributions schedule 2021 here. It will be very helpful if you print it out especially if you’re an employer so you can update your employees’ contributions earlier and not rush doing it at the exact time of your payment.
SSS also advise voluntary members, self-employed, household employers and kasambahays to know the update and check the new amounts from the table to avoid payment errors.
By the way, all members of SSS including employers are now required to have an SSS online account. Apparently, the Social Security System is aiming to make everything online now which is great I think. Eventually, we don’t need to go to the SSS to transact or inquire about our account.
There are features on the online account such as viewing premiums, static information, and employment history download and PRN forms that are now working.
If you want to view and check your SSS account online, we have the ultimate guide here:
SSS Contribution Table in 2021
This table is the summary of the new SSS monthly contributions brackets in 2021. It contains the complete membership categories – employed, self-employed, voluntary, OFW, and non-working spouse.
SSS Contribution Table for Employed Members and Employers
The SSS Table below will also guide employees and employers about their latest salary brackets and SSS monthly contributions. The data also sort the employee and employer’s share from the total contribution. Additionally, the EC amount is also listed from the table below.
SSS Contributions Table for Self-employed Members
If you are a self-employed professional or a freelancer, you may also follow the contributions below. Self-employed with 20,000 monthly salary credit now has mandatory provident fund to pay.
SSS Contributions Table for Voluntary Members and Non-working Spouse
If you are not an employee, you may switch into a voluntary member if you still want to resume your SSS membership. Likewise, if you are a non-working spouse and you want to retain your SSS active membership, you must follow the premiums below.
The minimum Monthly Salary Credit under this category is P3,000.
According to SSS, the contribution of the non-working spouse shall be based on 50% of the MSC (Monthly Salary Credit) of his/her working spouse.
SSS Contributions Table for OFW
Land-based Overseas Filipino Workers who are members of SSS must pay their contributions following the amount below. The minimum Monthly Salary Credit for OFW member is P8,000.
SSS Contributions Table for Household Employers and Kasambahay
Under Republic Act 10361 or the Domestic Workers Act or the Batas Kasambahay, the household employers pays the entire SSS contribution if the kasambahay earns less than P5,000 per month.
SSS Contribution Table PDF Version
If you want to download the PDF version of SSS Contribution Schedule, you may download at this link.
Updated Deadline for SSS Contribution Payment
The deadline for the payment of SSS contributions for regular employer is at the end of the month following the applicable month or period. The same is applied for household employers for the applicable month or quarter as the case may be. The following tables are the deadline schedule for voluntary members.
How is SSS contribution calculated?
To compute SSS contribution for an employed person, just add Employer’s Share + EC + Employee’s Share. For example, if your monthly salary credit is 10,000, your employer will pay 860 (850 ER + 10 EC) and you will pay 450. A total of 1310 is your total monthly contribution.
How can I see my SSS contribution online?
- Log in to your MySSS account
- Select Inquiry from the menu
- Choose Member Info
- Select Actual Premiums
- Check your Monthly Premiums from Past to Present
How much is the SSS contribution per month?
If you are self-employed, freelancer or professional, and you are earning 25,000 per month, under the new SSS contribution table above, you will need to pay SSS contribution of 3,280 per month including your share of mandatory provident fund. SSS also allows quarterly payment for more convenience.
Can I increase my SSS contribution?
Yes, if your salary has increased, your employer can update your monthly salary credit. The same is true with your monthly contributions. They will follow your updated salary bracket from the contribution schedule.