The Social Security System have already released the SSS Contribution Table for the year 2014. Starting on January 2014, SSS members will follow the updated contribution table after the approved 0.6-percentage-point increase in member contributions to be paid for by employers and their workers.
SSS Contribution Table 2014: (click the pdf below this article for clearer view)
On Tuesday, October 8, 2013, the webmaster of www.sss.gov.ph released the latest contribution table by sharing the documents on SlideShare. Right after the document was posted on line, netizens have posted their concerns with the recent increase in contribution.
With the recent increase in SSS monthly contributions, SSS President Emilio de Quiros said during an interview with ANC, that they plan to hike the monthly salary credit ceiling from P15,000 to P16,000. Pension will also go up more than P13,000 from the current P12,000 and burial benefits will increase from P30,000 to P40,000.
Here’s the complete SSS Contribution Table Starting January 2014: