The Social Security System (SSS) in the Philippines is a government-mandated social insurance program designed to provide financial security to Filipino workers in the private, professional, and informal sectors.

Whether you are an employee, self-employed, or a voluntary member, contributing to SSS is essential to access various benefits and ensure financial stability during life’s uncertainties.

In this article, you’ll be guided in how to pay your SSS contributions, how to check your SSS contributions, and why it is important to contribute in this program.

What is the SSS and Why Should We Contribute?

The Social Security System is an insurance program established under the Republic Act No. 1161 (Social Security Act of 1954) and has since evolved and strengthened under the Republic Act No. 11199, also known as the Social Security Act of 2018.

Fundamentally, SSS serves as a safety net for Filipinos by pooling contributions from members and employers to fund benefits that could be availed by members.

Contribution is mandatory for all employees and their employers, while self-employed individuals, Overseas Filipino Workers (OFWs), and non-working spouses can join voluntarily. 

Through these contributions ensure that members are protected financially during periods of unemployment, illness, or retirement.

Benefits of SSS Contributions

SSS offers a wide range of benefits and loan programs to its members which they can avail when they meet specific requirements:

Benefits

• Sickness
• Maternity
• Disability
• Retirement
• Death
• Funeral
• Unemployment

Also Read: SSS in the Philippines: How to Get Started and What to Expect

Loans

• Salary Loan
• Pension Loan Program
• Calamity Loan Assistance Package
• SSS Conso Loan Program

See More: GUIDE: Loans Offered by SSS

Apart from the benefits and loans, SSS also has programs like the MySSS Pension Booster and Workers’ Investment and Savings Program (WISP) that allow members to save more for retirement through mandatory and voluntary schemes.

How to Pay Your SSS Contributions

Paying your contributions is straightforward. Here’s how:

Step 1: Determine Your Membership Type:

• Employees: Contributions are automatically deducted from your salary. Employers also contribute a larger share on your behalf.
• Self-Employed/Voluntary Members/OFWs: You need to compute and pay your contributions directly.

Step 2: Generate a Payment Reference Number (PRN)

You can generate Payment Reference Number through your My.SSS account online via the member portal or mobile app.

Member Portal:

1. Go to member.sss.gov.ph.
2. Log in to your My.SSS account.
3. Click “I Agree” to the Data Privacy Notice.
4. On the upper right of the screen, hover on “Payment Reference Number” and click “Contributions.”
5. Fill out the following information:
   1. Membership Type
   2. Application Period
   3. Contributions
   4. Voluntary Pension Booster Amount
6. Click Generate PRN

Mobile App:

1. Open your My.SSS app.
2. Log in to your My.SSS account.
3. Go to PRN, and tap Contributions.
4. On the upper right corner, tap Create.
5. Fill out the following information:
   1. Membership Type
   2. Application Period
   3. Contributions
   4. Voluntary Pension Booster Amount
6. Once you’re done, tap Generate PRN.

Step 3: Choose a Payment Method

Payments can be made through SSS-accredited banks, payment centers (e.g., Bayad Center), or online platforms like GCash and PayMaya.

Also See: LIST: SSS Contribution Payment Options

Step 4: Submit Payment

Present your PRN at the payment center or use it when paying online.

How to Check Your SSS Contributions

Monitoring your contributions ensures that they are up-to-date and accurate. Here’s how you can check your SSS contributions:

Member Portal:

1. Go to member.sss.gov.ph.
2. Log in to your My.SSS account.
3. Click “I Agree” to the Data Privacy Notice.
4. On your Dashboard, click View Contributions.

Mobile App:

1. Open your My.SSS app.
2. Log in to your My.SSS account.
3. Tap Total Contribution or Last Posted Contribution.

Why SSS Contribution Is Important

Beyond its mandate, SSS contribution is not just about compliance but about securing your future. Here are some considerations to take:

• Financial Security: Contributions provide a safety net during retirement, illness, or other emergencies.
• Access to Loans: Active contributors can avail of salary or calamity loans when needed.
• Peace of Mind: Knowing that you have coverage for life’s uncertainties reduces financial stress.

Learn More: SSS in the Philippines: How to Get Started and What to Expect

What Can You Do with Your Contributions?

Your SSS contributions open doors to financial opportunities such as:

• Enroll in voluntary savings programs like WISP Plus or PESO Fund for higher returns on retirement savings
• Enhance your pension through additional contributions under programs like MySSS Pension Booster
• Use contribution records as proof of financial stability when applying for loans or visas.

Knowing how to pay your SSS contributions is a straightforward process that can be completed through various convenient channels. Regardless of the method, ensure timely payments to maintain eligibility for SSS benefits and avoid penalties.

Sources: (1), (2), (3), (4), (5), (6), (7), (8), (9)

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