How to Calculate Your SSS Monthly Contribution: A Comprehensive Guide in 2024

Calculating your Social Security System (SSS) monthly contribution is essential for ensuring your future financial security and accessing benefits such as pensions, maternity leave, and healthcare. This guide will walk you through the process step by step, using the latest SSS contribution table for 2024.


Navigating the maze of Social Security System (SSS) contributions might seem daunting, but it’s crucial for securing various financial benefits down the road. Whether you’re an employee, self-employed, or working overseas, understanding how to calculate your SSS monthly contribution ensures you’re prepared for any eventualities, from retirement to emergencies. In this guide, we’ll demystify the process and help you stay compliant with the latest updates for 2024.

Understanding the SSS Contribution System

What is the SSS?

The Social Security System (SSS) in the Philippines is a government-run program designed to provide various financial benefits to Filipino workers. These benefits include retirement pensions, disability benefits, maternity leave, sickness benefits, and death benefits. Contributions to the SSS are mandatory for employees and optional for others, such as self-employed individuals and voluntary members.

Benefits of SSS Contributions

Contributing to the SSS not only provides financial support during unforeseen events but also ensures a steady income after retirement. By making regular contributions, you can access loans, healthcare benefits, and other financial aids that can significantly enhance your quality of life.

SSS Contribution Table for 2024

Overview of the 2024 Contribution Table

The SSS contribution table for 2024 has been updated to reflect changes in the economy and adjustments in benefits. This table outlines the contribution rates based on salary brackets, detailing the amount payable by both the employee and employer.

How to Read the Contribution Table

Reading the contribution table involves identifying your salary range and matching it with the corresponding contribution rates. This will indicate how much you need to contribute monthly. Typically, the table is divided into sections for employees, self-employed individuals, and voluntary members, each with different rates.

Determining Your SSS Contribution

For Employees

Employees contribute a percentage of their salary, matched by an equal or higher percentage from their employer. This amount is deducted directly from the paycheck.

For Self-Employed Individuals

Self-employed individuals are responsible for both the employer’s and the employee’s share of the contribution. The amount depends on their declared monthly income.

For Voluntary Members

Voluntary members, including non-working spouses and individuals who have opted out of formal employment, can choose their contribution based on their financial capacity and desired benefit level.

For Overseas Filipino Workers (OFWs)

OFWs can contribute to the SSS voluntarily. Their contributions depend on their declared salary and the specific policies applicable to their country of residence.

Step-by-Step Calculation

Step 1: Identify Your Salary Range

Start by identifying your salary range from the SSS contribution table. This range will help determine your contribution rate.

Step 2: Locate Your Contribution Rate

Next, locate your contribution rate in the table. This rate is usually a percentage of your salary, indicating how much you need to contribute.

Step 3: Calculate Your Monthly Contribution

Multiply your salary by the contribution rate to get your monthly contribution. For example, if your salary is PHP 20,000 and your contribution rate is 11%, your monthly contribution will be PHP 2,200.

Special Considerations

Adjustments for Part-Time Workers

Part-time workers need to prorate their contributions based on their actual earnings, ensuring they remain compliant with SSS regulations.

Contributions for Multiple Employers

If you work for multiple employers, each employer is required to contribute based on your salary from their respective organization. Coordination between employers is essential to avoid over or under-contribution.

Minimum and Maximum Contributions

The SSS sets a minimum and maximum contribution limit. Ensure your contributions fall within these limits to avoid penalties or missed benefits.

Employer Responsibilities

Contribution Sharing

Employers share the responsibility of contributions with their employees. They must ensure timely and accurate payments, matched by their portion of the contribution.

Reporting and Payment Deadlines

Employers are also responsible for reporting and remitting contributions on time. Late payments can incur penalties and affect employees’ benefits.

Penalties for Non-Compliance

Late Payments

Late payments attract penalties, including fines and interest charges. It’s essential to adhere to deadlines to avoid these additional costs.


Underpayments can lead to gaps in your contribution history, potentially reducing the benefits you can claim. Always verify your contributions regularly.

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Updates for 2024

New Policies and Changes

The SSS periodically updates its policies to reflect economic changes and ensure the sustainability of its programs. For 2024, these updates might include adjustments in contribution rates and benefits.

Impact on Contributions

These updates can impact your contribution calculations and the benefits you receive. Staying informed about these changes helps you plan your finances better.

Common Mistakes and How to Avoid Them


Double-check your calculations to avoid over or under-contributing. Using the correct salary bracket and rate is crucial.

Incorrect Salary Bracket

Ensure you use the correct salary bracket from the contribution table. Mistakes here can lead to incorrect contributions.

Benefits of Regular Contributions

Short-term Benefits

Regular contributions provide immediate benefits such as sickness and maternity leave, helping you manage financial challenges effectively.

Long-term Benefits

In the long run, regular contributions ensure a secure retirement, offering a steady pension and access to other benefits like healthcare.

Frequently Asked Questions (FAQs)

Can Contributions Be Adjusted Mid-Year?

Yes, adjustments can be made if there are changes in your salary or employment status. Always report these changes to the SSS.

What if My Salary Changes?

If your salary changes, your contributions should be adjusted accordingly to reflect your new salary bracket.

How Are Bonuses and Allowances Treated?

Bonuses and allowances are typically not included in the calculation of your SSS contributions. Contributions are based on your basic salary.

What Happens if I Miss a Payment?

Missed payments can lead to penalties and gaps in your contribution history, affecting your benefits. It’s best to stay current with your payments.

How Do I Check My Contribution Status?

You can check your contribution status through the SSS website or mobile app, or by visiting an SSS branch.

How to Maximize Your SSS Benefits

Utilizing SSS Loans

SSS offers various loan programs, such as salary loans and calamity loans. Utilizing these can help manage financial needs without depleting your savings.

Claiming Benefits Efficiently

Understand the requirements and procedures for claiming benefits to ensure you receive them promptly and without hassle.

Additional Resources

Where to Find More Information

For more detailed information, visit the official SSS website or contact their customer service. They provide comprehensive resources and support.

Contacting SSS Support

SSS support can be reached via phone, email, or in-person visits. They can assist with queries and provide guidance on contributions and benefits.


Understanding and calculating your SSS monthly contribution is a critical part of managing your financial health and ensuring access to essential benefits. By staying informed and compliant with the latest updates for 2024, you can secure a better future for yourself and your loved ones. Regular contributions not only offer short-term relief but also long-term financial security, making them a valuable investment in your well-being.

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