Understanding the New SSS Contribution Table | Forum

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charles
charles Nov 5

Have you checked out the latest updates to the New SSS Contribution Table? The new table has changed the contribution rates for both employees and employers, which could impact the monthly amount you’re putting toward your retirement and other benefits. This adjustment aims to strengthen the Social Security Fund, but it’s worth asking how much more you'll need to contribute and how this affects your take-home pay.

What do these new rates mean for the additional benefits you can expect later? And for voluntary members or self-employed individuals, what new contributions are required? To find out more. Understanding these changes is key to making informed financial decisions about your future.