Personal Development, Business, Finance, and Investing for Everyone
An investment in knowledge always pays the best interest.
 The SSS contribution rate will increase to 15% on January 1, 2025, according to Circulars Nos. 2024-006 to 2024-010, which cover five member groups. These circulars, issued on December 19, supersede Circulars Nos. 2022-033 to 2022-037, which established a 14 percent contribution rate for 2023. The adjusted contribution rate will be applied to all business employers and employees, household employers and workers, self-employed persons, volunteer and non-working spouse members, and land-based Overseas Filipino Workers (OFWs). The minimum Monthly Salary Credit (MSC) for business employers and employees, self-employed members, voluntary members, and non-working spouse members will be increased to P5,000, while the maximum MSC will be adjusted to P20,000. For household employers and workers, the minimum MSC will be increased to P1,000, with a maximum of P20,000. For land-based OFW members, the minimum MSC will be increased to P8,000, with a maximum MSC of P20,000.     
0 Comments
Leave a Reply. |
PLACE YOUR ADS HERE YOUR PAYDAY REMINDER 
FEATURED PARTNER 
FEATURED PROMOTIONS 
FEATURED MENTIONS 
PLACE YOUR ADS HERE PLACE YOUR ADS HERE For more updates about Personal Development, Financial and Investment Education. Join and Subscribe to my Newsletter. It's FREE! ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. Connect
|