2023 SSS Contribution Table and Payment Schedule (With Calculator) - Tech Pilipinas
2023 SSS Contribution Table and Payment Schedule (With Calculato…
Sep 17, 2018
techpilipinas.com
The Social Security System (SSS) has announced a 1% increase in its contribution rate, raising it to 15% starting this month, in accordance with Republic Act 11199 or the Social Security Act of 2018. The adjustment aims to extend the SSS fund's viability until 2053, doubling its projected life compared to an actuarial study conducted in 2018. SSS President and CEO Robert Joseph De Claro explained that the hike, accompanied by an increase in the minimum monthly salary credit (MSC) from P4,000 to
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