Here's the tutorial on how to compute on your Monthly Contribution with SSS, PAG-IBIG and PhilHealth if you are a public or private employee. Meanwhile, an individual at least 18 years old but not more than 65 years old may register with the Fund under voluntary membership. However, said individual shall be required to comply with the set rules and regulations for Pag-IBIG members including the amount of contribution and schedule of payment. In addition, they shall be subject to the eligibility requirements in the event of availing of loans and other programs/benefits offered by the Fund.
SSS computation of your Monthly Contribution is 4.5% of your Total Salary while 2.25% of your salary for PHILHEALTH Contribution if below 90,000. If your salary is Ph 90,000 and 4.5% will be applied to your PhilHealth Contribution. PAG-IBIG Contribution is pretty straightforward and there is no need for the Calculator because it is fixed for Php100 Monthly Contribution only.
“Monthly Compensation” shall refer to the basic salary and other allowances, where basic salary includes, but is not limited to, fees, salaries, wages, and similar items received in a month. It shall mean the remuneration or earnings, however, designated, capable of being expressed in terms of money, whether fixed or ascertained on a time, task, or piece or commission basis, or another method of calculating the same, which is payable by an employer to an employee or by one person to another under a written or unwritten contract of employment for work done or to be done or for services rendered or to be rendered
For PAG-IBIG Monthly Contribution, if you are receiving a salary of Ph10,000 your PAG-IBIG Monthly Contribution will be Ph100.00
For PhilHealth Monthly Contribution, if you are receiving a salary of Ph10,000 your PhilHealth Monthly Contribution will be Ph225.00
For a sepcific contribution calculation as per your actual monthly salary, please visit the Official Tax Calculator website.
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