Guide on the SSS Monthly Contribution 2023 – The Rates Based on Salary
SSS MONTHLY CONTRIBUTION 2023 – If you are earning between P4,750 – P5,249.99, you can check the guide below for your monthly contribution rates.
A lot of Filipinos earn between P4,750 – P5,249.99. Popularly called the Social Security System (SSS), the state-run social insurance institution has set a bracket of the contribution rates for its members with the said monthly income.
A huge chunk of the SSS member population are employed individuals — specifically those who are working in private companies. Meanwhile, the SSS membership is also open for self-employed individuals as well as overseas Filipino workers (OFWs).
SSS members make sure that they pay the monthly contribution for the continuity of their SSS accounts. Do you want to know the SSS monthly contribution rates for 2023 for employed members of the state-run social insurance institution?
The SSS monthly contributions depends on certain factors including the source of income of the member. It is also based on the actual amount that the member receives in a monthly basis.
For the SSS monthly contribution 2023 for employed members earning between P4,750 – P5,249.99, here’s a guide for you:
- ER – P475.00
- EE – P225.00
- Total – P700.00
SSS members who maintain updated accounts may qualify for the loans offered by the social insurance institution as well as have access to various benefits offered by the state institution.
- SSS LOANS: 3 SSS Loan Offers For Members & How To Apply For Them
- SSS BENEFITS: Full List of Benefit Offers for Qualified Members
One of the highly desirable offers provided by the SSS is the Salary Loan, which is a flexible cash loan option. You may visit – SSS Cash Loan Minimum & Maximum Loanable Amounts – Here’s How Much You May Borrow.
