Check the SSS Contribution Table 2024 for Voluntary Members in PH
SSS CONTRIBUTION TABLE 2024 – Here is a guide on the monthly contributions set by the Social Security System for voluntary members.
One of the biggest social insurance institutions in the Philippines is the Social Security System or more commonly called SSS. The said social insurance giant which has been in the service for decades already have millions of members.
What is popularly known is that most of the SSS members are employees of the private sector. Meanwhile, the membership to the state-run social insurance agency is also open for individuals coming from other categories or fields. There are actually two (2) types of membership to the state entity.
SSS Membership
Millions of Filipinos are members of the Social Security System. A lot of members are under compulsory memberships while others are under voluntary memberships. In applying for a membership, the member must be at least 18 years old but not more than 60 years old upon the application:
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
The Social Security System provides loans and benefits for its members. Here are the loans that a member may turn to in times of need and the eligibility criteria set by the state-run social insurance agency under each offer:
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
The benefit offers of the Social Security System attend to different purposes. Here are the benefit offers and the requirements set by the state-run social insurance institution under each:
- 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
Just like in the case of members from other fields, the Social Security System has set an SSS contribution table 2024 for the voluntary members of the state-run social insurance agency. Here is a guide for the voluntary SSS members’ contribution this year:
