Here is the latest SSS Contribution Table for 2012. I got a copy when I visited SSS branch in Pasay to pay for my monthly SSS contribution and process my SSS ID. For sure I am not the only one who wants to know about it so I write this article.
After paying my monthly contribution, I had a chance to ask the cashier if it is possible to increase the monthly contribution of SSS member. She replied that it is possible provided it would happen gradually and only up to two steps higher per payment.
Let us say you are currently paying P520 per month on the next month you would like to increase your contribution to P1040, unfortunately you are not allowed to do that instead you have to increase it gradually.
You have to pay first the two steps higher amount next to P520 which is P624 after a month again you have to pay two steps higher than P624 which is P728 until you reach your ideal monthly contribution of P1040.
Details for SSS Contribution Monthly deadlines of payment:
There are respective dates for you to pay your monthly contribution to avoid penalty. Let us say your SSS number ends in one or two (1 or 2) your payment deadline is on every 10th day of the month.
If ending digit is zero (0) your payment deadline is on every last day of the month. If the payment deadline falls on weekends and holiday, payments can be done one the next working day. Otherwise, Respective penalties will be imposed.
The revised SSS Contribution Table for 2014 is out. Kindly share it to your friends.