SSS Contribution Table For Self-Employed in 2023
Contributing to SSS as a self-employed individual can seem daunting at first. However, it’s an important step to secure your future and avail yourself of SSS benefits. This comprehensive guide will walk you through everything you need to know about paying your SSS contribution as a self-employed member.
Being self-employed comes with greater freedom and flexibility. However, it also means you are responsible for your own social security. As a self-employed professional, you are required by law to register with SSS and pay monthly contributions.
Doing so will allow you to receive benefits like sickness, maternity, disability, retirement, funeral, and unemployment benefits.
In this article, we will cover the following:
- SSS Contribution Table for Self-Employed Members
- How to Calculate Your Monthly Contribution
- Step-by-Step Process to Pay SSS as a Self-Employed Member
- Payment Methods and Details
- SSS Benefits for Self-Employed Members
- Frequently Asked Questions
Equipped with this guide, you can easily and seamlessly pay your monthly SSS contributions. Let’s get started!
SSS Contribution Table for Self-Employed Members
The contribution table below shows the monthly salary credit ranges and corresponding contribution amounts for self-employed members for 2023.
| Range of Compensation | Monthly Salary Credit | Amount of Contributions | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Regular SS/Employee’s Compensation | Worker’s Investment and Savings Program | Total | Regular Social Security | Employee’s Compensation | Worker’s Investment and Savings Program | Total | |||||||||
| Below 4,250 | ₱4,000 | – | ₱4,000 | ₱560 | ₱10 | – | ₱570 | ||||||||
| ₱4,250 – 4,749.99 | ₱4,500 | – | ₱4,500 | ₱630 | ₱10 | – | ₱640 | ||||||||
| ₱4,750 – 5,249.99 | ₱5,000 | – | ₱5,000 | ₱700 | ₱10 | – | ₱710 | ||||||||
| ₱5,250 – 5,749.99 | ₱5,500 | – | ₱5,500 | ₱770 | ₱10 | – | ₱780 | ||||||||
| ₱5,750 – 6,249.99 | ₱6,000 | – | ₱6,000 | ₱840 | ₱10 | – | ₱850 | ||||||||
| ₱6,250 – 6,749.99 | ₱6,500 | – | ₱6,500 | ₱910 | ₱10 | – | ₱920 | ||||||||
| ₱6,750 – 7,249.99 | ₱7,000 | – | ₱7,000 | ₱980 | ₱10 | – | ₱990 | ||||||||
| ₱7,250 – 7,749.99 | ₱7,500 | – | ₱7,500 | ₱1,050 | ₱10 | – | ₱1,060 | ||||||||
| ₱7,750 – 8,249.99 | ₱8,000 | – | ₱8,000 | ₱1,120 | ₱10 | – | ₱1,130 | ||||||||
| ₱8,250 – 8,749.99 | ₱8,500 | – | ₱8,500 | ₱1,190 | ₱10 | – | ₱1,200 | ||||||||
| ₱8,750 – 9,249.99 | ₱9,000 | – | ₱9,000 | ₱1,260 | ₱10 | – | ₱1,270 | ||||||||
| ₱9,250 – 9,749.99 | ₱9,500 | – | ₱9,500 | ₱1,330 | ₱10 | – | ₱1,340 | ||||||||
| ₱9,750 – 10,249.99 | ₱10,000 | – | ₱10,000 | ₱1,400 | ₱10 | – | ₱1,410 | ||||||||
| ₱10,250 – 10,749.99 | ₱10,500 | – | ₱10,500 | ₱1,470 | ₱10 | – | ₱1,480 | ||||||||
| ₱10,750 – 11,249.99 | ₱11,000 | – | ₱11,000 | ₱1,540 | ₱10 | – | ₱1,550 | ||||||||
| ₱11,250 – 11,749.99 | ₱11,500 | – | ₱11,500 | ₱1,610 | ₱10 | – | ₱1,620 | ||||||||
| ₱11,750 – 12,249.99 | ₱12,000 | – | ₱12,000 | ₱1,680 | ₱10 | – | ₱1,690 | ||||||||
| ₱12,250 – 12,749.99 | ₱12,500 | – | ₱12,500 | ₱1,750 | ₱10 | – | ₱1,760 | ||||||||
| ₱12,750 – 13,249.99 | ₱13,000 | – | ₱13,000 | ₱1,820 | ₱10 | – | ₱1,830 | ||||||||
| ₱13,250 – 13,749.99 | ₱13,500 | – | ₱13,500 | ₱1,890 | ₱10 | – | ₱1,900 | ||||||||
| ₱13,750 – 14,249.99 | ₱14,000 | – | ₱14,000 | ₱1,960 | ₱10 | – | ₱1,970 | ||||||||
| ₱14,250 – 14,749.99 | ₱14,500 | – | ₱14,500 | ₱2,030 | ₱10 | – | ₱2,040 | ||||||||
| ₱14,750 – 15,249.99 | ₱15,000 | – | ₱15,000 | ₱2,100 | ₱30 | – | ₱2,130 | ||||||||
| ₱15,250 – 15,749.99 | ₱15,500 | – | ₱15,500 | ₱2,170 | ₱30 | – | ₱2,200 | ||||||||
| ₱15,750 – 16,249.99 | ₱16,000 | – | ₱16,000 | ₱2,240 | ₱30 | – | ₱2,270 | ||||||||
| ₱16,250 – 16,749.99 | ₱16,500 | – | ₱16,500 | ₱2,310 | ₱30 | – | ₱2,340 | ||||||||
| ₱16,750 – 17,249.99 | ₱17,000 | – | ₱17,000 | ₱2,380 | ₱30 | – | ₱2,410 | ||||||||
| ₱17,250 – 17,749.99 | ₱17,500 | – | ₱17,500 | ₱2,450 | ₱30 | – | ₱2,480 | ||||||||
| ₱17,750 – 18,249.99 | ₱18,000 | – | ₱18,000 | ₱2,520 | ₱30 | – | ₱2,550 | ||||||||
| ₱18,250 – 18,749.99 | ₱18,500 | – | ₱18,500 | ₱2,590 | ₱30 | – | ₱2,620 | ||||||||
| ₱18,750 – 19,249.99 | ₱19,000 | – | ₱19,000 | ₱2,660 | ₱30 | – | ₱2,690 | ||||||||
| ₱19,250 – 19,749.99 | ₱19,500 | – | ₱19,500 | ₱2,730 | ₱30 | – | ₱2,760 | ||||||||
| ₱19,750 – 20,249.99 | ₱20,000 | – | ₱20,000 | ₱2,800 | ₱30 | – | ₱2,830 | ||||||||
| ₱20,250 – 20,749.99 | ₱20,000 | ₱500 | ₱20,500 | ₱2,800 | ₱30 | ₱70 | ₱2,900 | ||||||||
| ₱20,750 – 21,249.99 | ₱20,000 | ₱1,000 | ₱21,000 | ₱2,800 | ₱30 | ₱140 | ₱2,970 | ||||||||
| ₱21,250 – 21,749.99 | ₱20,000 | ₱1,500 | ₱21,500 | ₱2,800 | ₱30 | ₱210 | ₱3,040 | ||||||||
| ₱21,750 – 22,249.99 | ₱20,000 | ₱2,000 | ₱22,000 | ₱2,800 | ₱30 | ₱280 | ₱3,110 | ||||||||
| ₱22,250 – 22,749.99 | ₱20,000 | ₱2,500 | ₱22,500 | ₱2,800 | ₱30 | ₱350 | ₱3,180 | ||||||||
| ₱22,750 – 23,249.99 | ₱20,000 | ₱3,000 | ₱23,000 | ₱2,800 | ₱30 | ₱420 | ₱3,250 | ||||||||
| ₱23,250 – 23,749.99 | ₱20,000 | ₱3,500 | ₱23,500 | ₱2,800 | ₱30 | ₱490 | ₱3,320 | ||||||||
| ₱23,750 – 24,249.99 | ₱20,000 | ₱4,000 | ₱24,000 | ₱2,800 | ₱30 | ₱560 | ₱3,390 | ||||||||
| ₱24,250 – 24,749.99 | ₱20,000 | ₱4,500 | ₱24,500 | ₱2,800 | ₱30 | ₱630 | ₱3,460 | ||||||||
| ₱24,750 – 25,249.99 | ₱20,000 | ₱5,000 | ₱25,000 | ₱2,800 | ₱30 | ₱700 | ₱3,530 | ||||||||
| ₱25,250 – 25,749.99 | ₱20,000 | ₱5,500 | ₱25,500 | ₱2,800 | ₱30 | ₱770 | ₱3,600 | ||||||||
| ₱25,750 – 25,249.99 | ₱20,000 | ₱6,000 | ₱26,000 | ₱2,800 | ₱30 | ₱840 | ₱3,670 | ||||||||
| ₱26,250 – 26,749.99 | ₱20,000 | ₱6,500 | ₱26,500 | ₱2,800 | ₱30 | ₱910 | ₱3,740 | ||||||||
| ₱26,750 – 26,249.99 | ₱20,000 | ₱7,000 | ₱27,000 | ₱2,800 | ₱30 | ₱980 | ₱3,810 | ||||||||
| ₱27,250 – 27,749.99 | ₱20,000 | ₱7,500 | ₱27,500 | ₱2,800 | ₱30 | ₱1,050 | ₱3,880 | ||||||||
| ₱27,750 – 27,249.99 | ₱20,000 | ₱8,000 | ₱28,000 | ₱2,800 | ₱30 | ₱1,120 | ₱3,950 | ||||||||
| ₱28,250 – 28,749.99 | ₱20,000 | ₱8,500 | ₱28,500 | ₱2,800 | ₱30 | ₱1,190 | ₱4,020 | ||||||||
| ₱28,750 – 28,249.99 | ₱20,000 | ₱9,000 | ₱29,000 | ₱2,800 | ₱30 | ₱1,260 | ₱4,090 | ||||||||
| ₱29,250 – 29,749.99 | ₱20,000 | ₱9,500 | ₱29,500 | ₱2,800 | ₱30 | ₱1,330 | ₱4,160 | ||||||||
| ₱29,750 – Over | ₱20,000 | ₱10,000 | ₱30,000 | ₱2,800 | ₱30 | ₱1,400 | ₱4,230 | ||||||||
Source: SSS FB Page – SEI 2023
As you can see, your SSS contribution amount corresponds to the monthly salary credit range you fall under.
But how do you determine your monthly salary credit as a self-employed member? Let’s look at that next.
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How to Calculate Your Monthly SSS Contribution for Self-Employed?
Your SSS monthly contribution as a self-employed member will depend on the monthly salary credit (MSC) you report plus the Employee’s compensation (EC).
To calculate your sss amount, multiply your MSC with the contribution rate of 14% (0.14) plus EC. This will determine which range you fall under in the contribution table.
To calculate your monthly salary credit:
- Take your average monthly net income (after expenses)
- Multiply this by 12 to get your estimated annual net income
- Get 8.5% of this annual net income amount
The resulting number will be your monthly salary credit which you will report to SSS. You can then use the contribution table to check how much you need to pay monthly.
For example, if your average monthly net income is Php 15,000:
- Annual net income = Php 15,000 x 12 = Php 180,000
- 8.5% of Php 180,000 = Php 15,300
- Your monthly salary credit is Php 15,300
- Checking the contribution table, this falls in the range of Php 15,250 – Php 15,749.99
- So your monthly SSS contribution is Php 2200
Adjust your reported monthly salary credit as your income changes. But make sure to report at least the minimum of Php 1,000 to qualify for SS benefits. Maxing out at the Php 32,000 ceiling can also let you avail of higher benefits.
Step-by-Step Guide to Pay SSS as a Self-Employed Member
Ready to start paying your monthly SSS contributions? Here is a simple step-by-step process:
1. Register with SSS
First, head to the nearest SSS branch and fill out the Member Registration Form (UMID Application Form). Bring two valid IDs plus a birth certificate or passport.
They will take your photo and biometrics. You will get your SSS number and UMID card after successful registration.
2. Choose Your Payment Method
SSS offers various options to pay your monthly contributions. Choose a payment channel that is most convenient for you:
- Over-the-Counter. Pay at a Bayad Center or SSS branch using cash or check. Get your payment reference number (PRN).
- Online Banking. Use internet banking facilities of BDO, BPI, Unionbank, Metrobank, RCBC, PSBank, Chinabank, Security Bank, and other SSS partner banks.
- Mobile App. Download the My.SSS app on your smartphone. Generate your PRN and pay through the app.
- SSS Website. Visit the SSS contribution payment facility. Pay online using your enrolled bank account.
- Auto-Debit Arrangement. Have your monthly contributions automatically deducted from your account. Visit SSS to set this up.
- WISP. Sign up with Accredited Collecting Partners for the Worker’s Investment and Savings Program (WISP).
3. Pay on Time
To avoid penalties, make sure to pay your SSS contribution on or before the due date every month.
Payment deadlines are based on the last digit of your SSS number:
- 0 and 1: 10th of the month
- 2 and 3: 15th of the month
- 4 and 5: 20th of the month
- 6 and 7: 25th of the month
- 8 and 9: last day of the month
If you miss paying for two consecutive months, you will have to settle any arrears plus pay a one percent penalty. Failing to pay for six consecutive months will result in delinquency.
4. Monitor Your SSS Contributions
After enrollment, you can monitor your posted SSS contributions through the My.SSS portal or mobile app. This will help ensure that all your payments have been properly recorded.
You can also request for an SSS contribution payment history certificate or billing statement through their website, app, email, or hotlines.
SSS Payment Methods and Details for Self Employed Members
Let’s go over the specific steps and requirements for paying SSS contributions through different channels:
Over-the-Counter
- Fill out the SSS Contribution Payment Form. Indicate your 10-digit SSS number and payment details.
- Go to an authorized SSS collection partner like Bayad Center or an SSS branch. Pay in cash or check.
- Get your payment reference number (PRN). Keep the official receipt as proof of payment.
Online Banking
- Log in to your bank account and enrolled in the SSS online payment facility.
- Provide your 10-digit SSS number, choose SSS contribution payment, enter payment details, and confirm.
- Save the e-receipt. Payment will reflect in 1-3 days.
My.SSS App
- Download the My.SSS app and register your account.
- Tap Contributions > Payment Reference Number. Enter details.
- Choose the payment center and mode. Get PRN.
- Proceed to payment. Upload the receipt on the app.
SSS Website
- Go to the e-Services section. Sign in to your My.SSS account.
- Enter your SSS number, contribution details, and enrolled bank account.
- Confirm payment. Print or save the e-receipt.
Auto-Debit Arrangement
- Fill out the EADA enrolment form. Submit to SSS with bank account details.
- Monthly contributions will automatically be deducted from your account.
- Monitor payments through My.SSS facility.
For other payment channels like GCASH, you can follow the instructions provided specific to the facility.
Some key notes:
- If paying over-the-counter, make sure to get your PRN and keep the receipt.
- For online payments, save soft copies of receipts for your records and as proof.
- Payment takes 1-3 days to reflect so pay before the due date.
- Inform SSS if you change your bank account enrolled in auto-debit or other facilities.
SSS Benefits for Self-Employed Members
As a registered self-employed SSS member, you become qualified to receive the following social security benefits:
- Sickness Benefits. Cash allowance when you can’t work due to sickness or injury. Up to 120 days in one year.
- Maternity Benefit. Paid 60-day leave for childbirth or miscarriage. Plus daily cash allowance.
- Disability Benefit. Cash assistance if you have an illness or injury resulting in your inability to work.
- Retirement Benefit. Monthly pension when you reach age 60 with at least 120 monthly contributions.
- Death Benefit. Your dependents get benefits if you pass away as an SSS member.
- Funeral Benefit. Php 20,000 to your beneficiaries for your funeral expenses.
- Unemployment or Involuntary Separation Benefit. Cash allowance for up to 6 months if involuntarily unemployed.
To qualify for these benefits, you need to pay your monthly SSS contributions without interruption. Having a record of at least 36 contributions can already make you eligible for basic benefits.
But aim for longer uninterrupted contributions so you can avail of higher benefit amounts or pensions later on. Consistently paying your dues on time matters.
As an SSS self-employed member, your spouse who is jobless, and your children under 21 years old are also covered as your beneficiaries.
Overall, being part of the SSS system is worthwhile to get social security for yourself and your family.
Frequently Asked Questions
If you still have some questions about SSS payments as a self-employed member, here are answers to common queries:
How much penalty will I pay if I miss SSS contributions?
You pay a one percent penalty computed against your total contribution arrears if you miss payments for two consecutive months. No penalties apply for the first missed payment.
What happens if I don’t pay SSS for 6 straight months?
You will be delinquent and will have to pay all missed contributions plus interest and penalties under the SSS Circular on Delinquency.
What SSS forms do I need as a self-employed member?
When you register, fill out the UMID Application Form. Afterward, use the Contribution Payment Form whenever paying over the counter.
You can get these forms at SSS branches or their website.
Can I pay SSS contributions in advance or in bulk?
You can advance pay up to 36 months of contributions in one lump sum payment. Just indicate the payment months. Advance payments are non-refundable.
Is there a deadline to register as SSS self-employed member?
You can register with SSS anytime as long as you are between 15 to 60 years old. There is no deadline for registration. Sign up as soon as you start your self-employment endeavors.
What if my income changes and needs to be updated?
If your average monthly net income increases or decreases substantially, visit an SSS branch to fill out a Member Data Change Request Form. Update your monthly salary credit and contribution payment.
Conclusion: Be a Responsible SSS Member
Being self-employed gives you lots of freedom. But don’t neglect your SSS responsibilities. As a Filipino worker, you are required by law to register with SSS and pay monthly amortizations. Consider it as paying yourself first.
Use this guide to fully understand the SSS contribution process for self-employed members. Report your monthly salary credit accurately. Pick a suitable payment method and pay on time. Monitoring your payments is also essential.
Most importantly, become an active and responsible SSS member. This will entitle you and your family to a wealth of benefits down the road – whether it’s time to collect your hard-earned pension, avail of medical leave benefits, or acquire insurance for unexpected events. SSS helps you secure your future.
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