The Social Security System (SSS) has recently announced the new contributions table for 2023. The changes in the SSS contribution table are intended to provide more sustainable pension benefits and financial security to its members.
Whether you’re an employee, self-employed, voluntary, or an OFW member of the SSS, the new SSS contribution table will definitely have an impact on your regular contributions.
The updated rates are based on the prescribed minimums and maximums set by law, as mandated under REPUBLIC ACT NO. 11199 (SOCIAL SECURITY ACT OF 2018), and detailed under SSS CIRCULAR NOS. 2022-033, 2022-034, 2022-035, 2022-36, AND 2022-037.
Significant Features of the 2023 Contribution Schedule
Employees
For Employers (ER) and Employees (EE) contributing at an MSC of ₱20,000 and below:
- Additional monthly SSS contributions range from ₱40 to ₱200, which will be paid by the employer only.
For ER and EE contributing at the maximum MSC of ₱30,000:
- Additional amount of monthly SSS contributions is ₱950, with ₱225 coming from the employee, and ₱725 from the employer.
Self-Employed Members
For Self-Employed (SE) Members contributing at an MSC of ₱20,000 and below:
- Additional monthly SSS contributions range from ₱40 to ₱200.
For SE Members contributing at the maximum MSC of ₱30,000:
- Additional amount of monthly SSS contributions is ₱950.
Voluntary Members and Non-Working Spouses
For Voluntary Members (VM) and Non-Working Spouses (NWS) contributing at an MSC of ₱20,000 and below:
- Additional monthly SSS contributions range from ₱40 to ₱200.
For VM and NWS contributing at the maximum MSC of ₱30,000:
- Additional amount of monthly SSS contributions is ₱950.
Land-Based OFWs
For Land-Based Overseas Filipino Workers (OFWs) contributing at an MSC of ₱20,000 and below:
- Additional monthly SSS contributions range from ₱80 to ₱200.
For Land-Based OFWs contributing at the maximum MSC of ₱30,000:
- Additional amount of monthly SSS contributions is ₱950.
Household Employers and Household Employees/Kasambahay
For Household Employers (HHER) and Household Employees/Kasambahay (HHEE) contributing at an MSC of ₱20,000 and below:
- Additional monthly SSS contributions range from ₱10 to ₱200, which will be shouldered by the HHER only.
For HHER and HHEE contributing at the maximum MSC of ₱30,000:
- Additional amount of monthly SSS contributions is ₱950, with ₱225 coming from the HHEE and ₱725 from the HHER.
SSS Contribution Table 2023 for Regular Employers and Employees
Below is the SSS table of contributions for regular employers and employees.
SSS Contribution Table 2023 for Self-employed Members
Below is the SSS table of contributions for self-employed members.
SSS Voluntary Contribution Table 2023
Below is the SSS table of contributions for Voluntary Members and Non-Working spouses.
SSS Contribution Table 2023 for Household Employers and Kasambahay
Below is the SSS table of contributions for household employers and kasambahay
SSS Contribution Table 2023 for Land-based Overseas Filipino Workers
Below is the SSS table of contributions for Land-based Overseas Filipino Workers.
SSS Contribution Table 2023 PDF Copy
To get a PDF copy of the SSS table of contributions, just right-click the file and download it to your computer. Open the image and save it as PDF.
On Advance Payment of SSS Contributions
Those who have already paid their contributions in advance for the applicable months of January 2023 onwards based on the Old contribution schedule are advised as follows:
- Those with advance payment at the minimum Of ₱3,000 shall settle underpayment amounting to ₱170 to retain the posting Of contributions to
the new minimum MSC Of ₱4,000; otherwise, such advance payment shall be deemed as ineffective contributions; and - Those with advance payment at an MSC other than the minimum ₱3,000 may opt to pay the corresponding increase in contributions to
retain posting at the same MSC; otherwise, such advance payment shall be posted at the applicable lower MSC.
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