|
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Premium
Contribution Schedule
|
Monthly Salary
Bracket
|
Monthly Salary
Range
|
Salary Base (SB)
|
Total Monthly
Contribution
|
Personal Share
(PS) (PS=SBx1.25%)
|
Employer Share
(ES=PS)
|
|
1
|
3,499.99
and Below
|
3,000.00
|
75.00
|
37.50
|
37.50
|
|
2
|
3,500.00
to 3,999.99
|
3,500.00
|
87.50
|
43.75
|
43.75
|
|
3
|
4,000.00
to 4,499.99
|
4,000.00
|
100.00
|
50.00
|
50.00
|
|
4
|
4,500.00
to 4,999.99
|
4,500.00
|
112.50
|
56.25
|
56.25
|
|
5
|
5,000.00
to 5,499.99
|
5,000.00
|
125.00
|
62.50
|
62.50
|
|
6
|
5,500.00
to 5,999.99
|
5,500.00
|
137.50
|
68.75
|
68.75
|
|
7
|
6,000.00
to 6,499.99
|
6,000.00
|
150.00
|
75.00
|
75.00
|
|
8
|
6,500.00
to 6,999.99
|
6,500.00
|
162.50
|
81.25
|
81.25
|
|
9
|
7,000.00
to 7,499.99
|
7,000.00
|
175.00
|
87.50
|
87.50
|
|
10
|
7,500.00
to 7,999.99
|
7,500.00
|
187.50
|
93.75
|
93.75
|
|
11
|
8,000.00
to 8,499.99
|
8,000.00
|
200.00
|
100.00
|
100.00
|
|
12
|
8,500.00
to 8,999.99
|
8,500.00
|
212.50
|
106.25
|
106.25
|
|
13
|
9,000.00
to 9,499.99
|
9,000.00
|
225.00
|
112.50
|
112.50
|
|
14
|
9,500.00
to 9,999.99
|
9,500.00
|
237.50
|
118.75
|
118.75
|
|
15
|
10,000.00
and up
|
10,000.00
|
250.00
|
125.00
|
125.00
|
SECTION
20. Payment of Premium Contributions –
a.
The
premium contribution of employed members shall be paid on a monthly basis and
should be remitted by the employer on or before the tenth (10th)
calendar day following the month for which the payment is due and applicable.
b.
Each employer shall submit quarterly remittance reports to the
Corporation not later than the fifteenth (15th) calendar day of the
month after the applicable quarter and stating therein the name of all its
employees, their corresponding employment status, positions, salaries, monthly
contribution and changes therein, if any.
c.
The member’s contribution shall be deducted and withheld automatically
by the employer from the former’s salary, wage or earnings. The employer’s
counterpart contribution shall not in any manner be recovered from the employee.
d.
For government agencies, it shall be mandatory and compulsory for the
employers to include the payment of contributions in their annual
appropriations. The use of said funds other than for the purpose of remitting
NHIP contributions would hold the erring government employers liable under the
pertinent provisions of the Revised Penal Code.
e.
Failure and / or refusal of the employer to deduct or remit the complete
employees’ and employer’s premium contribution shall not be a basis for
denial of a properly filed claim. In such a case, the Corporation shall be
entitled to reimbursement of claims paid from the erring or negligent employer,
without prejudice to the latter’s prosecution and other liabilities, as may
hereafter be provided by this Rules.
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The new task of collecting the premium contributions of members in the
government sector entailed the accreditation of banks to serve as Accredited
Collecting Banks (ACBs). These are: Allied
Bank, Asia Trust Bank, Asia United Bank, Bank of Commerce, Bank One
Savings and Trust Co., Bangko Pasig, Century Savings Bank, China Bank,
Citystate Savings Bank, Development Bank of the Philippines, Equitable-PCI
Bank, Export & Industry Bank, Global Bank, G7 Bank (Rural Bank of
Nabua), Hermosa Savings & Loan Bank, International Exchange Bank,
Landbank of the Philippines, Maybank, Merchant Bank, Metrobank,
Philippine Business Bank, Philippine National Bank, Philippine Postal
Corporation (Philpost), Philippine Postal Savings Bank, Philippine
Veterans Bank, Planters Development Bank, Premier Development Bank,
Prudential Bank, RCBC, RCBC Savings Bank, Robinson's Savings Bank, Rural
Green Bank of Caraga, Union Bank & United Coconut Planters Bank. An interim Contributions Department was likewise
established to oversee and coordinate contribution activities. A
region-based remittance, reporting, monitoring, and compliance campaign
was also initiated in 1998.
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