I would also like to ask about SSS contributions by voluntary members. I would like to start making contributions again. How will I know how much to remit? I know the amounts range from 110 to 1,760, but how would I determine what amount I am supposed to contribute per month? How does voluntary contribution work?
The outright answer would be: it depends on your current monthly income. You look at the SSS contributions table, and then pay the corresponding monthly contribution.
But since you are voluntary, and you can decide how much income to consider, you decide based on how much benefit you want in case of sickness, disability, maternity, retirement, or death.
The amounts of your BENEFITS depend on two factors:
1. your average monthly contributions and
2. number of monthly contributions
during certain periods or throughout your membership period.
For example, the amount of your Maternity Benefit or Sickness Benefit will depend on the total of your 6 highest average monthly salary credits within the 12-month period before your semester of delivery or semester of sickness.
For Maternity Benefit, the total of these 6 credits will be divided by 180 and then multiplied by 60 days if normal delivery, and by 78 if by Cesarean Section (CS).
For your Retirement Benefit, the amount of your monthly pension would depend on:
1. the total number of your monthly contributions
2. the number of your credited years of membership
3. the average of your monthly salary credits for the last 5 years
4. the average of your monthly salary credits throughout all years of your membership
Take note also that SSS has rules on changing the amount of your monthly contributions. It says that:
1. You can change only by 1 or 2 salary brackets at a time
2. You cannot go below the 5,000 bracket once you have paid beyond this bracket
3. At age 55 or older, you can increase only by 1 salary bracket at a time, if your current monthly salary bracket is already 10,000 pesos or higher.
You can however do No. 1 and 2 by declaring your income on RS5 form, and be prepared to submit supporting income documents if ordered by SSS.
There are members saying that we can increase by more than 2 brackets at a time without filling up the Income Declaration portion of the RS5 form. My reply is Yes, we can. The SSS cashier or payment center officer will accept our payments. They will not check if we increased our payments correctly or not. They do not have time to check every voluntary contribution amount, and I have observed that they have not yet incorporated this factor into their automated systems. I don't also know if they're doing random checking.
But there was one mother who commented in one of our blogs, saying that her maternity benefit claim was put on hold because an SSS officer noticed her sharp increase in monthly contributions, from a low monthly contribution to 15,000 pesos per month.
If you increase your monthly contributions by more than 2 salary-credit levels, and you fill up the Income Declaration portion of the RS5 form, keep this RS5 form, in case your sharp increase will be questioned in the future.
SSS Contributions by Voluntary Members
TABLE OF SSS CONTRIBUTIONS for Voluntary Members
as of January 2014
|Range of Actual Income||Salary Credit||SSS CONTRIBUTION|
|1,000 – 1,249.99||1,000||110|
|1,250 – 1,749.99||1,500||165|
|1,750 – 2,249.99||2,000||220|
|2,250 – 2,749.99||2,500||275|
|2,750 – 3,249.99||3,000||330|
|3,250 – 3,749.99||3,500||385|
|3,750 – 4,249.99||4,000||440|
|4,250 – 4,749.99||4,500||495|
|4,750 – 5,249.99||5,000||550|
|5,250 – 5,749.99||5,500||605|
|5,750 – 6,249.99||6,000||660|
|6,250 – 6,749.99||6,500||715|
|6,750 – 7,249.99||7,000||770|
|7,250 – 7,749.99||7,500||825|
|7,750 – 8,249.99||8,000||880|
|8,250 – 8,749.99||8,500||935|
|8,750 – 9,249.99||9,000||990|
|9,250 – 9,749.99||9,500||1,045|
|9,750 – 10,249.99||10,000||1,100|
|10,250 – 10,749.99||10,500||1,155|
|10,750 – 11,249.99||11,000||1,210|
|11,250 – 11,749.99||11,500||1,265|
|11,750 – 12,249.99||12,000||1,320|
|12,250 – 12,749.99||12,500||1,375|
|12,750 – 13,249.99||13,000||1,430|
|13,250 – 13,749.99||13,500||1,485|
|13,750 – 14,249.99||14,000||1,540|
|14,250 – 14,749.99||14,500||1,595|
|14,750 – 15,249.99||15,000||1,650|
|15,250 – 15,749.99||15,500||1,705|
|15,750 – over||16,000||1,760|
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