Check the SSS Contribution Table 2024 for Land-Based OFW Members in PH
SSS CONTRIBUTION TABLE 2024 – Here’s a guide on the monthly contributions set by the Social Security System for land-based Overseas Filipino Worker (OFW) members.
Are you one of the millions of members of the Social Security System in the Philippines? More popularly called SSS, it is a social insurance giant in the country and its members are from different fields.
The SSS membership is open not only for Filipinos based in the country but as well as those who are residing or working in other nations abroad. It has several offers thus countless Filipinos see to it that they regularly post monthly contributions.
SSS Membership
The Social Security System has compulsory and voluntary membership for members. An individual must be at least 18 years old but not older than 60 years old in applying for a membership.
Compulsory Membership
- Employer (Business or Household Employer)
- Employee
- Self-Employed
- Househelper or Kasambahay
- Overseas Filipino Workers (OFW)
- land-based and sea-based including Filipino immigrants, permanent residents, and naturalized citizens of their host countries
Voluntary Membership
- Non-Working Spouse (NWS)
- Separated Members
SSS Loans & Benefits
There is a huge benefit in being a member of the Social Security System — there are loans and benefits that a member may turn to. You can check the list below for the qualifications under each loan offer of the state-run social insurance agency.
SSS Salary Loan
- employed / self-employed / voluntary SSS member
- at least 65 years old upon the loan application
- at least thirty-six (36) monthly contributions
- employer must be updated in posting the monthly contributions
- not a recipient of a final benefit such as retirement benefit
- no fraud case against the SSS
SSS Housing Loan
- member must have posted at least 36 monthly contributions with 24 continuous contributions prior to the application
- not more than 60 years old at the time of application
- not previously granted a repair and/or improvement loan by the SSS or NHMFC
- not been granted final SSS benefits
- borrower and spouse is updated in the payment of their other SSS loan(s)
SSS Calamity Loan
- member must have updated payment contributions and loan remittances
- has posted at least 36 monthly contributions with at least six (6) contributions posted within the last 12 months prior to the month of the filing of loan application
- residing in area declared under a State of Calamity
- has not received a final benefit from the Social Security System
- has no outstanding restructured loan under the SSS
Not only loans that members may turn to in times of financial needs but as well as benefit offers for specific purposes. Here is a guide on the requirements under each offer:
- SSS Sickness Benefit Requirements 2024
- SSS Unemployment Benefit Requirements 2024
- SSS Disability Benefit Requirements 2024
- SSS Maternity Benefit Requirements 2024
- SSS Retirement Benefit Requirements 2024
- SSS Death Benefit Requirements 2024
SSS Contribution Table 2024
Among the members of the SSS are land-based overseas Filipino workers (OFWs). Here is the SSS contribution table 2024 for the land-based OFW members of the state-run social insurance agency:
