SSS Contribution 2023: Full List of Contribution Rates for SSS Members

Guide on SSS Contribution 2023 for Employed Members

SSS CONTRIBUTION 2023 – Here is a full list of the monthly contribution rates for the members of the Social Security System (SSS).

Many Filipinos are members of the Social Security System. More commonly called SSS, it is a state-run social insurance institution where employees of private companies in the Philippines can apply for membership for insurance.

Aside from employees of private firms, the SSS membership is also open to self-employed individuals, overseas Filipino workers (OFWs), non-working spouses of SSS members, and voluntary members.

Every month, the SSS members contribute a certain amount to the social insurance institution based on the rate set for them. The rates depend on the source of income and the amount earned by the member every month.

SSS Contribution 2023
Photo Credit: Smart Parenting

The Social Security System monthly contributions change annually. With regards to the monthly contributions of the employed members of the SSS, their employers have a part on the amount set as their contribution.

For the SSS Contribution 2023 for employed members of the social insurance institution, the employer contribution rate increases from 8.5% to 9.5%. Here are the other significant changes:

  • the Minimum Monthly Salary Credits (MSC) is P4,000 while the Maximum MSC is P30,000
  • SSS members who earn below P20,000 will be facing between P40 to P200 increase in their monthly contribution
  • SSS members who are earning P30,000 monthly and above, the increase is P950

Based on an article on PhilPad, here is a table of the SSS Contribution 2023 for the members of the Social Security System:

Monthly Contribution 2023 for Regular Employees and Employers

SSS Contribution 2023 for Employees Members
Photo Source: PhilPad

Monthly Contribution 2023 for Self-Employed Members

SSS Contribution Self-Employed
Photo Source: PhilPad

Monthly Contribution 2023 for Voluntary Members & Non-Working Spouse

SSS Contribution Voluntary Members, Non-Working Spouse
Photo Source: PhilPad

Monthly Contribution 2023 for Household Employers and Kasambahays

SSS Contribution Household Employers and Kasambahays
Photo Source: PhilPad

Monthly Contribution 2023 for Land-Based Overseas Filipino Workers (OFWs)

SSS Contribution Land-Based OFWs
Photo Source: PhilPad

Thank you for visiting Philnews.ph. You may express your thoughts and reactions below through the comment section. You may also follow us on Facebook, on Twitter, and subscribe to our YouTube channel Philnews Ph.

READ ALSO: SSS Loan Application: How to Apply for Salary Loan to SSS

4 thoughts on “SSS Contribution 2023: Full List of Contribution Rates for SSS Members”

  1. Im OFW regular SSS member my last contribution 2022 every month ₱3250.00 and now 2023 the maximun contribution ₱ 3850.00 my age 58 year olds Im still qualified to make maximum contribution ?

    Reply

Leave a Comment