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SSS tells members to settle underpayments


COTABATO CITY, Philppines –   The  Social  Security  System  (SSS) office here  are  reminding  its overseas Filipino  worker, self-employed, and  voluntary members to settle  any contributions  underpayment  to  ensure that their  monthly premiums for January 2014 are  aligned with the  SSS Contribution Schedule.

Sukarno  Pendaliday,  branch  head of SSS-Cotabato  City,  explained in a statement  sent to  Philippine Information Agency 12,  that underpayments  were  due to monthly contributions that were paid in advance and based on the old SSS contribution rate of 10.4 percent and maximum monthly salary credit (MSC) of P15,000.

Starting January 2014, the contribution rate has increased by 0.6 percent to 11 percent, while the maximum MSC is currently P16,000.

Affected members include those who made advance payments prior to the announcement of the new SSS Contribution Schedule – such as self-employed and voluntary members –as well as members unaware of changes in the amount of contributions that took effect starting this year.

Self-employed and voluntary members who paid at the minimum MSC of P1,000 would have an underpayment of P6.00 per month.

As for affected OFW-members who paid contributions based on their minimum MSC of P5,000, their underpayment would amount to P30.00 per month.

ndaliday added that members  may  settle  underpayments   at  any SSS branch with tellering facilities, which are open from Mondays to Saturdays, or in any of our accredited local banks.

They must use the SSS Form RS-5 and indicate that the amount paid is intended for settling their underpayment for the specified applicable months.

Affected self-employed, voluntary and OFW members with payments above the minimum MSC may opt to pay the corresponding increase in contributions to retain the posting of their payments at the same MSC. Otherwise, their contributions will be posted at the applicable lower MSC.

Members are also advised to immediately  settle  underpayments and put  their contribution records in order to avoid issues arising  from ‘out-of-bracket’ payments.

The MSC, which relates to the amount of the member’s monthly income covered by contributions, serves as a major basis for computation of benefits and loanable amounts.

Members can view the new SSS Contribution Schedule and the SSS Advisory showing the list of underpayment amounts per MSC at the SSS Website (

Various SSS forms, including the RS-5 Form needed for settling contribution underpayments, are also downloadable from the SSS Website.

Criselda Cabangon David, a happy mother of two kids, is a full-time Sociologist at the City Government of Lucena, Quezon Province. She is currently the Managing Editor of Ang Diaryo Natin Sunday News, a weekly local community newspaper in the Philippines and an active member of the National Union of Journalists of the Philippines.