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Gov't Services SSS

When and Where to Pay your SSS Contributions as Voluntary Members


I’m currently a voluntary member of SSS or the Philippine Social Security System, and I pay my contributions quarterly. Today is July 10 and it is the last day to pay my contributions for the last quarter which includes the months of April, May, and June 2015.

I went to SM, where I usually pay my SSS contribution through their Business Services, and it’s the nearest and most convenient payment center for me. I was lucky because I was accommodated immediately and I didn’t have to wait and line up in long queue like what I normally do.

Pay your SSS contribution at SM Business Services

In this post, I will share with you some information and tips on how and where to pay your SSS contributions as a Voluntary, Self-employed, or OFW member.

  1. How much should you pay for your SSS Contribution?

Your contribution is based on how much your compensation is. Below is the latest SSS Table of Contribution of 2015. The minimum contribution for SE (Self-Employed), VM (Voluntary Member), and OFW (Overseas Filipino Worker) is Php 110 if your compensation ranges from Php 1,000 to Php 1,249; while the maximum is Php 1,760 if it ranges from Php 15,750 and higher.

SSS-Contribution-Table 2015

  1. When to Pay your SSS Contribution?

For Household Employers, Self-Employed, and Voluntary Members except OFW members, you can pay your contributions on or before the deadline. The payment deadline falls on the month following the applicable month or quarter.

SSS-Payment-Deadline

For example in my case, since I need to pay my contributions for the previous quarter including the months of April, May, and June, the payment deadline is in July. What specific date in July? Here’s the guideline.

  • If the 10th (last) digit of your Social Security Number ends in 1 or 2, the deadline is on the 10th day of the following month.
  • If the 10th (last) digit of your Social Security Number ends in 3 or 4, the deadline is on the 15th day of the following month.
  • If the 10th (last) digit of your Social Security Number ends in 5 or 6, the deadline is on the 20th day of the following month.
  • If the 10th (last) digit of your Social Security Number ends in 7 or 8, the deadline is on the 25th day of the following month.
  • If the 10th (last) digit of your Social Security Number ends in 9 or 0, the deadline is on the last day of the following month.

In my case, the last digit of my SS number is 1, and the deadline of my payment for the last quarter (April, May, June) is the 10th of the following month, and that’s today, July 10.

SSS payment deadline guide

Why is it important to know the payment deadline?

Because if you miss to pay on or before the deadline, you won’t be able to pay your contributions for the previous months. SSS does not accept retroactive payments. 




  1. Where to Pay SSS Contribution as a Voluntary Member?

There are several payment centers and options where you can pay your contributions.

SSS Payment Facilities

  • SSS Main Office – Cashiering Department
  • SSS Branch Tellering Counters
  • CIS Bayad Centers
  • SM Business Centers
  • SSS-accredited Commercial Banks

For Members Abroad

  • I-Remit
  • PNB Overseas Payment System
  • Ventaja
  1. How to check if your payment was accepted and posted online?
  • Go to sss.gov.ph (preferrably with Internet Explorer)
  • Log in to your SSS Online Account (If you don’t have it yet, you have to register first. Click HERE to know how).
  • At the E-Services Page, hover your mouse over Member Info, and under that, click Actual Premiums. (Click HERE to see my video on this).

I also created a video to guide you on how, when, and where to pay your SSS Contributions.




Read Next: How to Invest in SSS Flexi Fund

Categories
Gov't Services SSS

From SSS Philippines: Relevant Policies regarding Pension / Retirement Plan

Last week, I received a letter from SSS about this blog post, entitled, For SSS Pension Plan: Should I pay the Maximum or the Minimum SSS Contribution?, which I published on March 21, 2015. It was so nice of them to reach out to me to clarify some items and to give me additional info regarding this matter.

But before that, I saw how this post became trending and record-breaking and how it brought my site’s performance to the top. I also received a lot of feedback and comments (both positive and negative) from different people who had the same question and who wanted to know the best answer.

Unfortunately, some of my readers got confused with my take on this question, but I thank all of you for your feedback and questions because it allowed me to research even more and update that blog post with more accurate answers backed by the Social Security System of the Philippines.

I asked them if I can share their letter on this site (www.pinayinvestor.com) and thankfully they approved it. It was addressed to me: Pinay Investor, and it was written by the Vice President of Public Affairs and Special Events Division, Marissu G. Bugante, but the one who emailed me was Ma. Luisa “Louie” Sebastian, Assistant Vice President of the Media Affairs Department, SSS Philippines.

Below are the contents of the letter:

Relevant Policies regarding SSS Pension / Retirement Plan:

  1. The computation of SSS pensions as provided by the Social Security law is based on a member’s number of contributions as well as the amount of contributions paid. The SSS computes pensions based on the average of all contributions paid by the member from the date of coverage or the average of contributions for the last five years; whichever yields the higher amount is used for the computation.

 

  1. The monthly contribution of a member is based on actual compensation for an employed member or the declared earnings for a self-employed/voluntary/OFW member. Changes in the Monthly Salary Credit (MSC) are governed by policies to avoid anti-selection such as undue jacking up of contributions prior to a contingency such as retirement.

 

  1. A self-employed or voluntary member (including an OFW and non-working spouse), who is 55 years old and above, can only increase his/her MSC only once in a given calendar year and by one salary bracket only from the last posted MSC, except if:
  • He/she is changing membership type from employed/self-employed to voluntary or OFW for the first time; and
  • There is a higher maximum MSC under a new Schedule of Contributions, provided that he/she was paying at the maximum MSC under the immediately preceding Schedule of Contributions. Any change thereafter will be governed by existing rules.

Please refer to the SSS Circular No. 2015-007 (below) which governs changes in policies on SE/VM/OFW/NWS Contributions (Annex A).

SSS Circular No. 2015-007
SSS Circular No. 2015-007
  1. With reference to the illustration you showed in your blog site, since Patrick and Kevin are employed members, the basis of their contributions/MSC is their actual compensation so it is not possible for them to just choose any MSC or change to a higher MSC.

 

  1. But if Patrick and Kevin are self-employed or voluntary members, you may refer to the matrix on the next page to illustrate the SSS pension computation of Patrick and Kevin:

 SSS-pension-computation-for-self-employed-voluntary

  1. The example cited above should be analyzed not only in consideration of one’s retirement benefit but also under the whole range of benefits provided by SSS: sickness, maternity, death disability and retirement. Using the given example where both Patrick and Kevin started paying SSS Contributions at the same time, the following are possible scenarios.

 SSS-benefits-possible-scenarios

 

Thank you very much Ms. Louie and SSS Philippines for allowing me to post your letter on my website. I’m excited for more of our future partnerships.

SSS-letter-for-Pinay Investor

And thank you to all my readers for your continued trust and support. I hope you found this information helpful and I hope all your questions and concerns have been addressed by SSS on this post. For other SSS concerns, you may email their Member Relations Department at member_relations@sss.gov.ph.

You may also send your questions to me privately or through the comment section below and I will try my best to send it to them and hopefully we hear from them as soon as possible.

Categories
Gov't Services SSS

Tips on How to Successfully Register for SSS Online Account


CLICK HERE TO READ: 2018 Complete Step-by-Step Guide to Register your SSS Account Online

I was overwhelmed with the unexpected number of comments and private emails that I received on my post about  How to Register or Sign-up for SSS ONLINE Membership Account.

Most if not all of us want to register online to be able to access our SSS account without having to go the branch personally. However, there are some challenges/issues that we might encounter during the process so I wrote this post to somehow help address these issues by doing it myself and sharing some possible workarounds based from my experience. 

And since SSS updated the looks of their website and the post that I’ve previously written was based from the old one, I decided to register again (using my MIL’s account) and took screenshots so that I could share it to those who need it. And hopefully it helps.  So here we go..

1. Go to https://www.sss.gov.ph/

If this is your first time to register, Hit “Click here”

how-to-register-SSS-online-membership

2. Fill out this form with the required information, enter the code at the bottom, and hit Submit.

how-to-register-SSS-online-membership

 3. Once you hit Submit, this small box will appear and just hit OK to continue.

This is where most online applicants/registrants (including myself) encountered issues and got stuck.

If you’re using Google Chrome, Safari, Mozilla or any other browser except IE when you accessed the website, then that may be the culprit.

So here’s the TIP: Open Internet Explorer (IE), do steps 1 and 2, and hopefully this solves the issue. The cause? Well, not sure  but SSS recommends using IE because that’s where this website works best. 

how-to-register-SSS-online-membership

4. Enter an email address that has never been used/registered on this website. 

This is another issue that some registrants had encountered (including myself again). 

Like I said earlier, for the sake of creating this post and taking screenshots of the procedures, I tried to register using my MIL’s SSS account. And because she doesn’t have an email address, I tried to use mine and this error message in red was what I got. So again, here’s the TIP: use a different email address or better yet, sign up for a new one if you continue to receive this error message.

how-to-register-SSS-online-membership

5. As soon as the email address that you entered is accepted, you’ll see this confirmation and just follow what it says. 

how-to-register-SSS-online-membership

6. Check your email and click on the link that was sent by noreply@sss.gov.ph to proceed with your registration.

how-to-register-SSS-online-membership

7. Fill out all the required information for the Online Member User ID Registration. Follow the instructions/notes carefully and hit Submit.

Your registration application will then be validated by SSS and you will be informed of the validation results through your email. It took me an hour the last time I tried it. I just can’t proceed with this application because my MIL is a voluntary member who has not paid her contributions in years and has no available receipts of her previous payments which is required here. 

how-to-register-SSS-online-membership

 8. Once you receive the confirmation in your email, you may now login to your SSS online account and start viewing your contributions, loans, etc. Feel free to explore the different features on the website.

CLICK HERE TO READ: 2018 Complete Step-by-Step Guide to Register your SSS Account Online

Good luck and I hope you’ll all be able to register successfully. 

Just a disclaimer, I’m in no way affiliated with SSS. This post is for informational purposes only. Should you have other concerns regarding your SSS membership, please contact SSS directly. 

Other than that, feel free to post your comments, suggestions, or questions below. 

Check out my video tutorial on How to Register your SSS Account Online!

Check out my video tutorial on How to Check SSS Contributions Online in less than 5 minutes!



CLICK HERE TO READ: 2018 Complete Step-by-Step Guide to Register your SSS Account Online