SSS contribution table 2023 is an updated listing of premium payment contributions for Social Security System members.
Member contributions will be used to provide benefits for SSS members and their beneficiaries, such as a pension, death, funeral, maternity leave, permanent disability, retirement, sickness, and involuntary separation/unemployment.
2023 Employer and Employee Contribution
The following SSS contribution table shows how much members must contribute monthly for their accounts, effective January 2022.
According to Republic Act 11199 (Social Security Act of 2018), which includes a provision that increases the Social Security contribution rate to 13%, the minimum MSC to P3,000, and the maximum MSC to P25,000 effective 2022, the following table summarizes the new schedule of SSS contributions starting January 2022.
2023 Self-Employed SSS Contribution
2023 Voluntary SSS Contribution Table
2023 Kasambahay SSS Contribution
Summary of SSS Benefits
Sickness Benefits
A daily cash allowance is paid for the number of days a member is unable to work due to sickness or injury.
Qualifying Conditions
- The member is unable to work due to sickness or injury and is confined either in a hospital or at home for at least four days;
- He/she has paid at least three months of contributions within the 12-month period immediately before the semester of sickness;
- He/she has used up all company sick leaves with pay for the current year and has duly notified his/her employer;
- He/she must notify the SSS directly by filing a sickness benefit application if he/she is separated from employment, a voluntary or self-employed member.
Sickness Benefit
The member’s daily Sickness Benefit allowance equals 90% of his/her average daily salary credit.
The Sickness Benefit is granted up to 120 days in one calendar year.
Maternity Benefits
SSS members can receive a cash allowance when they cannot work due to childbirth or miscarriage.
Qualifying Conditions
Before becoming eligible for SSS maternity benefit:
- A member has paid at least three months of contributions within the 12 months immediately before the semester of her childbirth or miscarriage;
- If employed, she must have given notification of her pregnancy through her employer;
- A member has notified the SSS if she is separated from employment or is a voluntary or self-employed member.
Maternity Benefits
The amount of the daily maternity benefit allowance is equivalent to 100% of her average daily salary credit, multiplied by 60 days in case of normal delivery or miscarriage, or by 78 days for caesarian section delivery.
This benefit is granted up to the first four deliveries or miscarriages only.
Disability Benefits
A cash benefit is granted – either as a monthly pension or a lump sum amount – to a member who becomes permanently disabled, either partially or totally.
Qualifying Conditions
- The member has paid at least one-month contribution before the semester of disability;
- To qualify for a disability pension, the member must have paid at least 36 monthly contributions prior to the semester of disability;
- If with less than 36 monthly contributions, he/she is granted a lump sum amount.
Disability Benefits
If qualified, the member is granted a monthly Disability Pension plus a P500 monthly supplemental allowance.
The lowest monthly disability pension is P1,000 if the member has less than 10 credited years of service (CYS); P1,200 with at least 10 CYS, and P2,400 with at least 20 CYS.
Retirement Benefits
A cash benefit is granted – either as a monthly SSS pension or a lump sum amount – to a member who can no longer work due to advanced age.
Qualifying Conditions
Before a member can receive his or her retirement benefits, the following conditions must be met:
- The member is at least 60 years old (optional retirement), separated from employment or has ceased to be self-employed, and had paid at least 120 monthly contributions prior to the semester of retirement; OR
- The member is 65 years old (mandatory retirement), whether employed or not and had paid at least 120 monthly contributions prior to the semester of retirement.
- To qualify for a retirement pension, the member must have paid at least 120 monthly contributions prior to the semester of retirement;
- If with less than 120 monthly contributions, he/she is granted a lump sum or a one-off amount.
Retirement Benefits
If qualified, the member is granted a monthly Retirement Pension, plus a 13th Month Pension payable every December. If the member has dependent minor children, they are given a Dependent’s Pension equivalent to ten percent (10%) of the member’s monthly pension or P250, whichever is higher.
Only five minor children, beginning from the youngest, are entitled to a Dependent’s Pension. No substitution is allowed. The lowest monthly Retirement Pension is P1,200 if the member has 120 monthly contributions or with at least ten credited years of service (CYS); P2,400 if with at least 20 CYS.
Death and Funeral
A cash benefit is granted – either as a monthly pension or a lump sum amount – to the beneficiaries of a deceased member. A funeral grant of P20,000 to whoever paid for the burial expenses of the deceased member.
- A monthly Death Pension is granted to the member’s primary beneficiary (legitimate spouse until he/she remarries, and dependent legitimate, legitimated or legally adopted, and illegitimate children) if the member has paid at least 36 monthly contributions prior to the semester of death;
- A lump sum amount is granted to the primary beneficiary if the deceased member has less than 36 monthly contributions.
- If there are no primary beneficiaries, the member’s secondary beneficiaries such as dependent parents, shall be given a lump sum amount.
Death Benefits
If qualified, the member’s primary beneficiary is granted a monthly Death Pension, plus a 13th Month Pension payable every December. If the member has dependent minor children, they are given a Dependent’s Pension equivalent to ten percent (10%) of the primary beneficiary’s monthly pension or P250, whichever is higher.
Only five minor children, beginning from the youngest, are entitled to a Dependent’s Pension. No substitution is allowed. The lowest monthly Death Pension is P1,000 if the member has less than ten (10) credited years of service (CYS); P1,200 with at least 10 CYS, and P2,400 with at least 20 CYS.
How to compute your SSS pension
According to Section 12 of SSS Act of 1997:
“SEC. 12. Monthly Pension. ‐ (a) The monthly pension shall be the highest of the following amounts:
“(1) The sum of the following:
“(i) Three hundred pesos (P300.00); plus
“(ii) Twenty percent (20%) of the average monthly salary credit; plus
“(iii) Two percent (2%) of the average monthly salary credit for each credited year of service over ten (10) years; or
“(2) Forty percent (40%) of the average monthly salary credit; or
“(3) One thousand pesos (P1,000.00): Provided, That the monthly pension shall in no case be paid for an aggregate amount of less than sixty (60) months.
“(b) Notwithstanding the preceding paragraph, the minimum pension shall be One thousand two hundred pesos (P1,200.00) for members with at least ten (10) credited years of service and Two thousand four hundred pesos (P2,400.00) for those with twenty (20) credited years of service.”
For sample computation of SSS contributions, please refer to this article.
Payment due dates of SSS contributions
The payment due date of SSS premiums is based on the 10th digit of a member’s account number.
Rate of contributions to SSS
The monthly contributions are based on the compensation of members. The current SSS contribution rate is 11% of the monthly salary credit not exceeding P16,000, which is being shared by the employer (7.37%) and the employee (3.63%).
Self-employed and voluntary members pay 11% of the monthly salary credit (MSC) based on the monthly earnings declared at registration.
For OFWs, the minimum monthly salary credit is pegged at P5,000.
For the non-working spouse, the SSS contribution will be based on 50% of the working spouse’s last posted monthly salary credit, but it shall not be lower than P1,000.
Employed members
It is important that you are aware of the payment deadlines for contributions and member loans to avoid incurring penalties. If you are an employee member, your employer must pay your contributions and member loans monthly by the prescribed payment schedule, according to the 10th digit of the Employer’s ID Number. Late payments will result in penalties and delays in processing your benefits and loans.
The frequency of payment is every month for business and household employers.
Self-employed and Voluntary members
If you are a self-employed or a voluntary member, the prescribed payment schedule is also being followed (depending on the 10th (last digit) of the SE/VM SS number). However, the frequency of contribution payments for self-employed or voluntary members can be monthly or quarterly. A quarter covers three consecutive calendar months ending on the last day of March, June, September, and December. Any payment for a calendar quarter may be made for one, two, or all months.
Overseas Filipino Workers
Payment of contributions for the months of January to December of a given year may be paid within the same year; contributions for the months of October to December of a given year may also be paid on or before the 31st of January of the succeeding year.
Where to find SSS offices
To register as a new member, lodge claims, or update member or beneficiary details, among other transactions, SSS offices can be found within the Philippines and satellite offices worldwide.
List of SSS Branches in the Philippines
