sss increase pay

SSS President and Chief Executive Officer Rolando Ledesma Macasaet said the law-mandated contribution increase would translate to immediate benefits to the country’s 13 million workers and will ensure the viability of the SSS fund designed to provide them with social security protection. Under the law, SSS should gradually increase the contribution rate by one percentage point every two years until it reaches 15 percent by 2025. Workers earning less than P25,000 per month, who comprise 78 percent of SSS-paying employee members, will not be affected,” he added. (PECI), to suspend the implementation of the Social Security Act of 2018 that mandates the one percent increase in SSS contributions starting this month. However, there are incidents when the company or employers are delayed in the payments or forgets to remit the SSS contributions. Developing a gateway to serve as an e-payment facility for government agencies like the SSS, GSIS, BIR, Customs and the likes is pretty much understandable. Read more in our articles including "SSS to increase Contributions to 14% this January 2023" and "OnePlus Watch Lite now official".