SSS Contribution - Latest SSS Contribution Table info.
Every Filipino earning income must be a member of the Social Security System, as it is one of the best ways to protect yourself financially during your old age, illness or disability. So if you're thinking about how much you need to pay to become a reputable SSS member, read on. We've put together a complete and updated SSS contribution table for 2020, which you can refer to when paying your monthly SSS contribution or that of your employees.
Even if you are not employed or a freelancer stays at home like us, it is advisable to pay your SSS premiums. It doesn't cost much to pay your HSS contributions. It is an insurance program mandated by the Philippine government to cover everyone who generates income or private sector workers, by contrast, government workers are covered by the GSIS or the Government Service Insurance System. The SSS essentially derives its funds from member contributions and investment earnings. That portion of the unwanted contributions for benefit disbursements goes to the Reserve, which aims to cover future obligations of SSS benefit payments to its more than 29 million members to date.
BENEFITS
The Social Security System (SSS) is a Philippine social security program for workers in the private, professional and informal sectors. Its goal is to provide benefits to members and their beneficiaries, such as pension, death, funeral, maternity leave, permanent disability, retirement, illness, and involuntary separation / unemployment.
Disease
a daily cash allowance paid for the number of days a member cannot work due to illness or injury.
Material
HSS members are eligible for a cash grant as long as they are unable to work due to a baby or miscarriage.
Disability
A monetary benefit granted, such as a monthly pension or a lump sum, to a member who becomes permanently, partially or totally disabled.
Reform
A cash benefit awarded, such as a monthly SSS pension or a lump sum, to a member who is no longer able to work due to old age.
Death and Function
Deceased members' benefits receive a cash benefit, such as a monthly pension or a lump sum. Funeral donation of P20, 000 to each person who paid the funeral expenses of the deceased member
REQUIREMENTS:
Birth certificate
Commission for Professional Regulation (PRC) Card - Read our guide on how to get a PRC card online
Card (GSIS) / Member Registration / Membership Certificate
ATM card (with name of cardholder)
Alien Registration Certificate
Bank account book
Child baptism certificate
Birth certificate of the children
Company identification card
Company Representative Authorization Card (ACR) issued by SSS
Credit card
Health or medical card
Marriage contract / Marriage certificate
Membership card issued by Private Co.
Overseas Worker Welfare Administration Card (OWWA)
Identity card / member of the Philippine Health Insurance Corporation (PHIC)
Retiree card
Transcription of records
APPLICATION PROCEDURE
How to Apply - To view your past SSS contributions, as well as other information related to your membership, log into your SSS online account at
https://www.sss.gov.ph. If you don't have an online SSS account. You can also use the new SSS portal at:
https://portal.sss.gov.ph/member/