Minimum Salary Credit for OFWs is 8,000 ___ The old SSS monthly contribution table which took effect in 2014 and ended in March 2019. SALARYSALARYCONTRIBUTION RANGECREDIT (Monthly)(Monthly)(Monthly) 1,000 – 1,249.991,000110 1,250 – 1,749.991,500165 1,750 – 2,249.992,000220 2,250 ...
The SSS monthly contribution rate will rise from 12% of the MSC in 2019 and 2020 then to 13% in 2021 and 2022 then to 14% in 2023 and 2024 and finally to 15% of the MSC by the year 2025. The maximum Monthly Salary Credit will also rise, from P20,000 in 2019 to P35,000 in 2...
Installment payment– payable in equal monthly amortization based on payment range as follows: The member-borrower may elect his preferred payment term but not to exceed five years INTEREST RATE AND PENALTY For installment term, RL1 shall be subject to interest rate of 3% per annum computed on ...