Tag: Mandatory Provident Fund (MPF)

• SSS clarifies 1% contribution rate hike, bares plans for 2025

  

  The Social Security System (SSS) announced that it is implementing a 1% contribution rate hike starting January 2025 to bring the contribution rate to 15% from the previous 14%, pursuant to the provisions of Republic Act (RA) No. 11199 or the Social Security Act of 2018.  This is accompanied also by increases in the minimum…

  pahayaganzambales

  January 7, 2025

  government

  Mandatory Provident Fund (MPF), Social Security Act of 2018, Social Security System (SSS)