Business Government

SSS Releases New Schedules of Contributions for 2023

Get ready for another increase in contributions expenses!

The Philippines’ Social Security System or SSS released new schedules of Social Security contributions effective January 2023 for business employers and employees, household employers and kasambahays, land based OFWs, voluntary and non-working spouse members, as well as self-employed individuals.

Basically this means SSS contributions are set to increase starting January 2023.

The move follows the Social Security Act of 2018 (Republic Act No. 11199) that enacts the provisional increase of SS contribution rates.

Please see below direct, official links on the new schedule of contributions for the applicable occupation, and be guided accordingly:

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