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CIRCULAR
NO. 11-P
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TO:
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All Employers, Employees, Self-employed and
Voluntary Members
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SUBJECT:
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Revised Schedule of Contributions
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Pursuant
to the approval of the 1% increase in monthly contribution effective 01
March 2003 by the President of the Philippines as recommended by the
Social Security Commission (SSC) under its Resolution No. 710 dated 06
November 2002, as amended by Resolution No. 20 dated 15 January 2003,
the following revised schedules of contributions are hereby issued. The
increase shall be shouldered solely by the employers who shall
contribute 6.07% while employees shall contribute the same at 3.33%, for
a total of 9.4%.
Below are the new SSS
Contribution Schedules for Employer-Employee Members, and
Self-Employed/Voluntary Members.
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SCHEDULE
OF CONTRIBUTION FOR EMPLOYER-EMPLOYEE MEMBERS
EFFECTIVE MARCH 1, 2003
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Range
of Compensation
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Monthly
Salary Credit
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SOCIAL
SECURITY
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EC
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TOTAL
CONTRIBUTION
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ER
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EE
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Total
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ER
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ER
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EE
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Total
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1,000
- 1,249.99
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1,000
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60.70
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33.30
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94.00
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10.00
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70.70
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33.30
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104.00
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1,250
- 1,749.99
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1,500
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91.00
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50.00
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141.00
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10.00
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101.00
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50.00
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151.00
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1,750
- 2,249.99
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2,000
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121.30
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66.70
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188.00
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10.00
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131.30
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66.70
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198.00
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2,250
- 2,749.99
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2,500
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151.70
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83.30
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235.00
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10.00
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161.70
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83.30
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245.00
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2,750
- 3,249.99
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3,000
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182.00
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100.00
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282.00
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10.00
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192.00
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100.00
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292.00
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3,250
- 3,749.99
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3,500
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212.30
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116.70
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329.00
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10.00
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222.30
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116.70
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339.00
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3,750
- 4,249.99
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4,000
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242.70
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133.30
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376.00
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10.00
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252.70
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133.30
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386.00
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4,250
- 4,749.99
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4,500
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273.00
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150.00
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423.00
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10.00
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283.00
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150.00
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433.00
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4,750
- 5,249.99
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5,000
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303.30
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166.70
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470.00
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10.00
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313.30
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166.70
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480.00
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5,250
- 5,749.99
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5,500
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333.70
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183.30
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517.00
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10.00
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343.70
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183.30
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527.00
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5,750
- 6,249.99
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6,000
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364.00
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200.00
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564.00
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10.00
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374.00
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200.00
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574.00
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6,250
- 6,749.99
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6,500
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394.30
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216.70
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611.00
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10.00
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404.30
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216.70
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621.00
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6,750
- 7,249.99
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7,000
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424.70
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233.30
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658.00
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10.00
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434.70
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233.30
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668.00
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7,250
- 7,749.99
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7,500
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455.00
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250.00
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705.00
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10.00
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465.00
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250.00
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715.00
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7,750
- 8,249.99
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8,000
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485.30
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266.70
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752.00
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10.00
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495.30
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266.70
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762.00
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8,250
- 8,749.99
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8,500
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515.70
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283.30
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799.00
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10.00
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525.70
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283.30
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809.00
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8,750
- 9,249.99
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9,000
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546.00
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300.00
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846.00
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10.00
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556.00
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300.00
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856.00
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9,250
- 9,749.99
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9,500
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576.30
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316.70
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893.00
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10.00
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586.30
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316.70
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903.00
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9,750
- 10,249.99
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10,000
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606.70
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333.30
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940.00
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10.00
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616.70
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333.30
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950.00
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10,250
- 10,749.99
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10,500
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637.00
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350.00
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987.00
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10.00
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647.00
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350.00
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997.00
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10,750
- 11,249.99
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11,000
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667.30
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366.70
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1,034.00
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10.00
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677.30
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366.70
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1,044.00
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11,250
- 11,749.99
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11,500
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697.70
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383.30
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1,081.00
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10.00
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707.70
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383.30
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1,091.00
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11,750
- 12,249.99
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12,000
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728.00
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400.00
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1,128.00
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10.00
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738.00
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400.00
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1,138.00
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12,250
- 12,749.99
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12,500
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758.30
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416.70
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1,175.00
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10.00
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768.30
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416.70
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1,185.00
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12,750
- 13,249.99
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13,000
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788.70
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433.30
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1,222.00
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10.00
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798.70
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433.30
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1,232.00
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13,250
- 13,749.99
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13,500
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819.00
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450.00
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1,269.00
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10.00
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829.00
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450.00
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1,279.00
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13,750
- 14,249.99
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14,000
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849.30
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466.70
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1,316.00
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10.00
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859.30
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466.70
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1,326.00
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14,250
- 14,749.99
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14,500
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879.70
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483.30
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1,363.00
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10.00
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889.70
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483.30
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1,373.00
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14,750
- over
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15,000
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910.00
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500.00
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1,410.00
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10.00
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920.00
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500.00
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1,420.00
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