SSS Contribution Table and Deadline of Payments
The Social Security System (SSS) contribution table is the schedule of the members’ monthly salary bracket and their corresponding employers’ share on contributions and total monthly contributions to be remitted with the SSS for employees, self-employed (SE) members, voluntary members (VM) and Overseas Filipino Workers (OFW). Employers, employees, SE members, VMs and OFWs need to look on this table to determine the amount they should contribute to the SSS.
Below is the current SSS Contribution Table as of the date of this post:
To learn more on how to use the schedule above, please read our sample in our post titled “How to Compute SSS Contributions in the Philippines”.
For the SSS contribution deadlines, please read the following:
The new deadline for contributions or member loans
1. For regular employers (ERs)
For example, if the ER ID number is 03-1234567-8-012, the payment deadline for both contributions and member loans for the applicable month of June shall be on July 25.
2. For household employers (HRs), self-employed (SE) and voluntary members (VM)
For example, if the SS number is 01-23456789-9, the payment deadline for both contribution and member loans for the applicable month of June or quarter ending June, in case of quarterly payments for self-employed and voluntary members, is July 31.
3. For OFW members
The OFW members are not affected by the new policy of deadlines issued recently by the SSS. Hence, the OFW members can pay anytime during the applicable year for January to December contributions; or until January 31 of the following year for October to December contributions.
Note: In case the payment deadline falls on a Saturday, Sunday or holiday, payment may be made on the next working day. Otherwise, penalties shall be imposed on the late contribution and member loan payments of employers and late member loan payments of self-employed and voluntary members; while late contributions payments of self-employed and voluntary members shall be applied prospectively.
The frequency of payment shall remain on a monthly basis for regular and household ERs, and on a monthly or quarterly basis for self-employed and voluntary members. Payments on a quarterly basis shall mean payments for all three months in a calendar quarter (i.e. March, June, September, and December).