I would also like to ask about SSS contributions for voluntary members. I would like to start making contributions again. How will I know how much to remit? I know the amounts range from 104 to 1,560, 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.
Merong mga nag-co-comment sa mga blogs namin na puede namang mag-increase by more than 2 brackets at a time kahit hindi na i-fill-up yong income declaration portion of the RS5 form. Ang sagot ko ay oo, puede, at tatanggapin na ng mga tellers or cashiers, at mapo-post pa, kasi walang manpower ang SSS to check every voluntary contribution, at hindi pa siguro nila na-incorporate itong factor na ito sa automated systems nila. Hindi ko rin alam kung nag-ra-random checking sila, or kung meron silang system or manpower to do random checking.
Pero merong isang mother na nag-comment sa isang blog namin na 5 years na siyang nagbabayad ng SSS premiums niya, at noong mag-file na siya ng maternity benefit, hindi na-approve ang benefit application niya, kasi hindi siya nag-register as Self-Employed properly. Wala siyang Date of Coverage, kasi hindi siya nagpa-approve ng Self-Employed Form bago siya nagbayad ng nagbayad.
The case of this mother is not about increasing contributions, pero this shows that sometimes puede tayong makalusot, but there are also times na hindi puede.
SSS Contributions for Voluntary Members
TABLE OF SSS CONTRIBUTIONS for Voluntary Members
|Range of Actual Income||Salary Credit||SSS CONTRIBUTION|
|1,000 – 1,249.99||1,000||104|
|1,250 – 1,749.99||1,500||158|
|1,750 – 2,249.99||2,000||208|
|2,250 – 2,749.99||2,500||260|
|2,750 – 3,249.99||3,000||312|
|3,250 – 3,749.99||3,500||364|
|3,750 – 4,249.99||4,000||416|
|4,250 – 4,749.99||4,500||468|
|4,750 – 5,249.99||5,000||520|
|5,250 – 5,749.99||5,500||572|
|5,750 – 6,249.99||6,000||624|
|6,250 – 6,749.99||6,500||676|
|6,750 – 7,249.99||7,000||728|
|7,250 – 7,749.99||7,500||780|
|7,750 – 8,249.99||8,000||832|
|8,250 – 8,749.99||8,500||884|
|8,750 – 9,249.99||9,000||936|
|9,250 – 9,749.99||9,500||988|
|9,750 – 10,249.99||10,000||1040|
|10,250 – 10,749.99||10,500||1092|
|10,750 – 11,249.99||11,000||1144|
|11,250 – 11,749.99||11,500||1196|
|11,750 – 12,249.99||12,000||1248|
|12,250 – 12,749.99||12,500||1300|
|12,750 – 13,249.99||13,000||1352|
|13,250 – 13,749.99||13,500||1404|
|13,750 – 14,249.99||14,000||1456|
|14,250 – 14,749.99||14,500||1508|
|14,750 – over||15,000||1560|
SSS Educational Loan Launched in 2012