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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

How to Register or Sign-up for SSS ONLINE Membership Account




My sister saw me while I was checking my actual premiums on my SSS Online account. She asked me how she could also view her premiums as member of the Philippine Social Security System so I walked her through the registration process. While we’re doing it, I thought it would be a good idea to share this process to my readers as well. So I took screenshots of all the steps that we went through and here they are…

  1. Go to www.sss.gov.ph and click Sign Up as a Member SSS - step 1
  2. Fill out the Online Member User ID Registration Form, Enter the Code at the bottom, and hit Submit

SSS - step 2

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

  1. You should see this Confirmation once you hit submit SSS - step 3
  2. Check your email account. You should receive an email with the subject SSS Website Email Validation. Then click the link.

SSS - step 4

  1. You’ll be redirected to this page which is the continuation of the registration form. The upper portion is already auto-populated with the information you’ve entered earlier.

SSS - step 5

  1. If you’re a pensioner, tick on the YES radio button and enter the required information. SSS - step 6
  2. If you’re not a pensioner,  tick on NO and click the option that applies to you (employed, self-employed, etc…)




*If Self-Employed / Voluntary  / Non-working Spouse / Overseas Contract Worker,

Provide any RECEIPT NO. Found on the RSS Receipt Form of SSS

(Please read the instructions on the form)

*For Employed / Household,

Provide any 13-digit SS Employer ID/Household SS Number where you worked for at least six months .

(For Employed, you may ask for your company’s Employer ID from your HR Staff)

(For Household, ask your boss or the person who you work for)

Check the box for the Terms and Conditions. Then hit Submit.

SSS - step 7

  1. You’ll then receive this confirmation SSS - step 8
  2. Check your email. You should receive an email with the subject SSS Website Registration. (Note: This may take a while. Mine took an hour before I receive this email)

SSS - step 9

*Once you receive the confirmation email, you may now log in to your SSS online account.

Click on the link or go back to www.sss.gov.ph

Click MEMBER LOGIN

Enter your User ID and Password.

SSS - step 10

*Once you log in successfully, you’ll be able to see the Main Menu of your SSS Online Account.

Click Online Inquiry, then Actual Premiums if you want to check your actual premiums.

login info

member info

Here’s a sample:

contri

There are other available options and information that you can find on the website. Just explore it by clicking the drop-down menu or the tabs on top.

Based on my experience, the SSS website is usually slow during weekdays. So if you want to register or check your SSS online, do it on weekends.

CLICK HERE TO READ: 



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!

Should you have questions or inquiries, you may contact them directly through the following contact information which I got from their website:

Trunkline No. (632) 920-6401 / SSS Call Center: 920-6446 to 55 / SSS Email: member_relations@sss.gov.ph /SSS Facebook: https://www.facebook.com/SSSPh


CLICK HERE TO READ: