Social Security System (SSS) is a Philippine social insurance program to workers in the private, professional, and informal sectors. It is aimed at providing benefits for members and their beneficiaries such as pension, death, funeral, maternity leave, permanent disability, retirement, sickness, and involuntary separation/unemployment.
Self-employed, voluntary members, and overseas Filipino workers who have already paid their contributions in advance for the applicable months onwards based on the old contribution scheduled are advised as follows:
- Those with advance payments at the minimum monthly salary credit (MSC) of P1,000 (P5,000 for OFW members) shall settle underpayments amounting to P6.00 per month (P30.00 per month for OFW members); otherwise, such advance payment shall be deemed as ineffective contributions; and
- Those with advance payments at an MSC other than the minimum may opt to pay the corresponding increase in contributions to retain posting at the same MSC; otherwise, such advance payment shall be posted at the applicable lower MSC.
Schedule of Regular Social Security, Employees’ Compensation, and Mandatory Provident Fund Contributions for Employer and Employee 2022
The following SSS contribution table contains how much members need to contribute monthly for their accounts effective January 2022.
Pursuant to the enactment of Republic Act 11199 (Social Security Act of 2018), which includes a provision that increases the Social Security contribution rate to 13%, the minimum Monthly Salary Credit (MSC) to P3,000, and maximum MSC to P25,000 effective 2022, the following table summarizes the new schedule of SSS contributions starting January 2022.
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Download table here
For SSS members who are self-employed or overseas Filipino workers, kindly check this contribution table for reference.
Download table here
Download table here
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Download table here
Summary of SSS Benefits
SICKNESS
A daily cash allowance is paid for the number of days a member is unable to work due to sickness or injury.
Sickness Benefit 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 amount of the member’s daily Sickness Benefit allowance is equivalent to ninety percent (90%) of his/her average daily salary credit.
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The Sickness Benefit is granted up to a maximum of 120 days in one calendar year.
MATERNITY
SSS members are eligible to receive cash allowance while they are unable to work due to childbirth or miscarriage.
Maternity Benefit Qualifying Conditions
Before becoming eligible for SSS maternity benefit:
- A member has paid at least three months of contributions within the 12-month period 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 one hundred percent (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
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.
Disability Benefit 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 lumpsum 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 ten (10) credited years of service (CYS); P1,200 if with at least 10 CYS, and P2,400 if with at least 20 CYS.
RETIREMENT
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.
Retirement Benefit 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 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 payableevery 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 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 if with at least 10 CYS, and P2,400 if with at least 20 CYS.
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 and this 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 the time of registration.
For OFWs, the minimum monthly salary credit is pegged at P5,000.
For the non-working spouse, SSS contribution will be based on 50% of the working spouse’s last posted monthly salary credit but in no case shall it be lower than P1,000.
Employed members
It is important that you are aware of the payment deadlines for contributions and member loans in order to avoid incurring penalties. If you are an employee-member, your employer must pay your contributions and member loans monthly in accordance with the prescribed schedule of payment which is according to the 10th digit of the Employer’s ID Number. Late payments will result to penalties and delays in the processing of your benefits and loans.
The frequency of payment is on a monthly basis for business and household employers.
Self-employed and Voluntary members
If you are a self-employed or a voluntary member, the prescribed schedule of payment 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 a voluntary members can be on a monthly or quarterly basis. A quarter covers three (3) consecutive calendar months ending on the last day of March, June, September, and December. Any payment for one, two, or all months for a calendar quarter may be made.
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.
List of SSS Branches in the Philippines
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