💡 Trivia 15% increase in SSS premiums this year

1736056933091.webp
As detailed on their website, the state-run social insurance program has announced an increase in the contribution rate for the Monthly Salary Credit (MSC) to 15%, effective Jan. 1. This applies to MSCs not exceeding P35,000, with employers contributing 10% and employees contributing 5%.

Source: You do not have permission to view the full content of this post. Log in or register now.
 
The increase in monthly salary credits for Social Security System (SSS) members starting January 1, 2025, is supported by Republic Act No. 11199, known as the Social Security Act of 2018. This law mandates a gradual rise in contribution rates, culminating in a total contribution of 15% by 2025, which includes adjustments to the Monthly Salary Credits (MSC) for various member categories.
 

About this Thread

  • 3
    Replies
  • 302
    Views
  • 4
    Participants
Last reply from:
giboht

Online now

Members online
387
Guests online
2,374
Total visitors
2,761

Forum statistics

Threads
2,294,201
Posts
29,089,385
Members
1,208,170
Latest member
Lmhdi lmhdi
Back
Top