Let's say you're a member who runs your own business and makes $10,000 a month. You recently received a salary increase, and your monthly income now stands at 20,000. In order to better benefit from the SSS and reflect your new salary, you want to increase your monthly contribution.
Alternately, suppose your income has significantly decreased and you are unable to pay your monthly contributions. How can you adjust the amount of your SSS contribution to reflect your new salary or income?,'_com-medrectangle-3','ezslot_5',191,,_('div-gpt-ad-_com-medrectangle-3-0');
The good news is that you can modify or update the amount of your SSS contribution via My. SSS mobile app or the SSS portal. Simply log in to your My account. Change the amount in your SSS account's payment reference number (PRN) After that, you can use your newly generated PRN to pay the amount. Until you change it, subsequent PRNs will follow your new contribution amount.
We've created this step-by-step guide for desktop and mobile users to help you change or update your contribution amount in SSS.
Who is able to alter the amount of their SSS contribution?
A self-employed or voluntary member under the age of 55 can change their monthly salary credit (MSC) at any time, regardless of frequency or salary bracket, according to SSS guidelines released in 2014. The change shouldn't be less than the current minimum MSC for voluntary and self-employed members.
After updating their MSC, members are no longer required to submit a written request or earnings declaration to the SSS.
Only once per calendar year and only by one salary bracket from the last posted MSC can self-employed and voluntary members over 55 increase their MSC. The exception is when a member changes for the first time from an employed or self-employed member to a voluntary member or from an employed or self-employed spouse to an OFW member.
This means that you can change the amount of your SSS contribution as many times as you want as long as you are younger than 55. Without having to submit a declaration of earnings, you can also alter your contribution by any number of salary brackets. '_com-box-4','ezslot_7',193,,_('div-gpt-ad-_com-box-4-0');
For instance, you are 25 years old and contribute the minimum amount of 390. Then you want to increase your SSS contributions as well as your income. You can accomplish this by selecting your monthly salary credit (MSC) and contributing the appropriate amount based on it (read this article for more information about SSS contributions and MSC). You will be required to pay 1,300 yen if you select the MSC of 10,000.
As long as you don't go below the minimum MSC and contribution amount for your membership category, you can reduce your contribution amount. While the minimum MSC for kasambahays is 1,000, the minimum MSC for OFWs is 8,000. Consequently, OFWs should pay no less than 1,040 yen based on the 8,000 yen minimum MSC.
How to Modify the Amount of Your SSS Contribution on My. SSS Website if you want to access My on a desktop or laptop computer. Follow these steps to update your SSS contribution amount from the website.
Navigate to My. Account SSS. Go to ""PAYMENT REFERENCE NUMBER (PRN)"" on the main menu and click ""Generate PRN."" 300,250], ""_com-banner-1,"");
A list of your account's payment reference numbers is now visible. To move forward, select the ""Generate PRN"" button.
You can adjust the amount of your contribution here. In the online form, enter or select the following information:
Membership Type: If you don't want to change your membership type, leave it as is. Enter the PRN's coverage date for the applicable period. For instance, if you only want to pay for the month of April, enter April 2021 in the ""From"" and ""To"" fields. Take note that the newly generated PRN will take the place of an existing PRN that includes any or all of those months. Contribution – Choose the new contribution amount from the drop-down box. For the correct contribution based on your monthly salary credits (MSC)Total Amount, see the SSS contribution table here. This will be automatically calculated based on the applicable period and contribution.
To go on, click ""Submit Request.""
Your submitted information will be displayed alongside a pop-up dialog.
To generate your new PRN, select ""OK.""
Congratulations! You have successfully modified your SSS monthly contribution and created a new PRN. In order for the new contribution amount to take effect, simply pay using the PRN that was just generated. After the payment, the monthly contribution amount will remain the same for each PRN generated by the system.
How to Modify Your SSS Contribution Amount Using the SSS Mobile App The SSS mobile app can also be used to modify or update your SSS contribution amount. You can get the app from Google Play or the App Store if you don't already have it.
Log in to your account through the app. Click on ""Generate PRN/SOA.""
A list of your payment reference numbers (PRNs) is now available to you. The ""CREATE"" link can be found in the upper-right corner.
The dialog for the alert will open. To continue, select ""GENERATE.""
Enter the following information into the form to edit or create a PRN:,,_;
Choose either ""Voluntary"" or ""OFW"" for your membership type. For the applicable period, choose which months will be covered by the PRN. For instance, if you want to pay for May and June, you should put ""May 2021"" and ""To"" in the ""From"" and ""To"" fields, respectively. SS Contribution: Select the new amount of your monthly contribution from the drop-down menu. The correct SSS contribution amount based on your salary or income can be found in this article. Total Amount: The amount of your contribution and the applicable time period will be used to calculate this amount.
To continue, press the ""SUBMIT"" button.
Check the details of your new PRN. To generate the PRN, tap ""OK"" or ""Cancel"" to edit it.
You should have the newly generated PRN with the amount of your chosen contribution if everything goes according to plan. After you have paid for it, the new contribution amount will not take effect. You can learn how to pay your SSS contributions online by reading this article.
Final Considerations Now that you know how to update your SSS contribution, you can pay only the amount you can afford. This is really helpful for a lot of Filipinos who don't have a steady income because they can choose how much they can pay based on their current budget and still get social security benefits if they need them.
Feel free to contact firstname.lastname@example.org or the toll-free hotline at 1-800-10-2255777 (1-800-10-CALLSSS) if you have any questions or concerns regarding your SSS membership and contributions. '_com-large-mobile-banner-1','ezslot_14',197,,_('div-gpt-ad-_com-large-mobile-banner-1-0');
Tags: System of Social Security (SSS)" - https://www.affordablecebu.com/