New SSS Contribution Table 2023 (Everything you need to know)

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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