The three, in plain words
Each contribution buys you something different. Here is what, and how much of it is yours to pay.
Retirement, sickness, maternity, disability, and funeral benefits. Your share is 5 percent of the monthly salary credit, capped at a ₱35,000 credit.
5% of MSCNational health insurance for hospital and medical costs. The 5 percent premium is split equally between you and your employer.
2.5%The national housing fund. Savings that earn dividends and unlock low-rate housing loans.
up to ₱200Questions people ask
answered in plain wordsThe total rate is 15 percent of your monthly salary credit, which ranges from ₱5,000 to ₱35,000. You shoulder 5 percent and your employer shoulders 10 percent, plus a small Employees' Compensation fee. If your salary credit is above ₱20,000, the contribution on the excess goes to your MySSS Pension Booster, a provident fund that adds to your retirement savings.