NEW SSS Contribution 2021
This greeted me when I went to the SSS member's portal: New Schedule of Contributions to start this year. What a bang! What a way to greet the new year. Anyhow, as I've no idea what this meant, I immediately went to the agency's official Facebook page (@SSSPh), and yeah, it's true. Their FB page made the same announcement (pic screenshot from the FB page): Along with this announcement is the news bit explaining the amended contribution schedule that is to be effective this month, January 2021. I thought I'd share it here as well as it might help shed light to this news. Texts below are copy-pasted from their FB page. SSS’ scheduled contribution rate increase to ensure continuous delivery of social security protection The Social Security System (SSS) on Monday said that the scheduled increase in its contribution rate and minimum and maximum monthly salary credits (MSCs) is to ensure the continuous delivery of social security protection to its members and their...