The self-employed, voluntary members and overseas Filipino workers (OFW) will shoulder the 0.6 increase while the employed SSS member will have the 0.4 increase.
The SSS also advised the members who already paid advance premiums to review and update their payments in line with the new contribution rate when it takes effect by January 2014 as adjustment could be done.
The SSS said that the increase is necessary to cover its unfunded liabilities.
Source: sss.com.ph
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