New SSS Contribution Table

New SSS Contributions Table effective January 2021.

In pursuant to Republic Act No. 11199 or the Social Security Act of 2018, SSS contribution was increased to 13%, a 1% increase from the previous rate. Minimum Monthly Salary Credit (MSC) is also increased from P2,000 to P3,000 except for Household Employers/Kasambahay Members and OFW Members whose MSC shall remain the same. Likewise, the maximum MSC is also raised to P25,000 from P20,000 for all members.