Details about the SSS Monthly Contribution 2024 for Voluntary Members & the Employers’ Share
SSS MONTHLY CONTRIBUTION 2024 – You can check the table below for the monthly contributions set for voluntary members of the Social Security System.
In the Philippines, one of the most popular state entities is the Social Security System. More popularly called SSS, it has millions of members under mandatory and voluntary memberships.
The SSS has been in the service of millions of Filipino for several years now. The membership to the state-run social insurance institution is mandatory in the following fields:
- Employers (Business and Household)
- Locally-Employed individuals in the private secctor
- Self-Employed individuals
- Overseas Filipino Workers (OFWs)
Aside from the mandatory membership, the Social Security System also offers a voluntary membership for the separated members of the SSS and the non-working spouse of the members. There is a unique set of SSS monthly contribution 2024 table for the voluntary members of the state-run social insurance institution.
For voluntary members, here is a guide on the SSS Monthly Contribution 2024:
Are you one of the SSS members who regularly post monthly contributions for several months or years now? You may qualify to the loans offered by the state-run social insurance agency.
If you are in need of a multi-purpose cash loan offer, you may turn to the Salary Loan offer of the Social Security System. Here are the qualifications for application:
- has posted at least 36 monthly contributions in the SSS account
- updated in the payment of the SSS contributions
- 65 years old and below at the time of the loan application
- currently employed, self-employed, or voluntary member of the Social Security System
- has not received any final benefit from the SSS
- has not been disqualified due to fraud committed against the SSS
The Social Security System Housing Loan was designed to finance a house repair or home improvement. Here are the eligibility requirements for application:
- a member of SSS who has at least 36 months contributions with 24 continuous contributions in the period prior to application
- not more than 60 years old at the time of application
- not previously granted a repair and/or improvement loan by the SSS or NHMFC
- has not been granted final SSS benefits
- updated in the payment of their other SSS loan(s), if any
The SSS also has a Calamity Loan offer crafted to financially help members who are living in areas left under a State of Calamity. Here are the eligibility requirements under the loan offer:
- residing in an area declared under a State of Calamity by the National Disaster Risk Reduction and Management Council (NDRRMC)
- registered on the My.SSS portal
- has posted at least 36 monthly contributions
- has not availed of final benefits
- has no outstanding balance in CLAP or the SSS Loan Restructuring Program (LRP)
