How can employers apply? Full Pay refers to actual remuneration of earnings paid by an employer to a worker for services rendered on normal working days and hours not lower than the wage rate fixed by the Regional Tripartite wages and Productivity Board including allowances provided for under existing company policy or collective bargaining agreement, if any, Full Pay in the public sector includes the basic salary and allowances as may be provided under existing guidelines. Kunwari ang monthly sweldo mo ay 30k. Considering that the employee is entitled to salary differential, is it taxable? Daily Cash Allowance equivalent to 100% of female member’s Average Daily Salary Credit for compensable period of 105, 120, or 60 days, as the case maybe. Kunwari EDD mo January so ang mat ben mo ay 70k. Enter the following details of the Employee. No employer whether in the public or private sector shall discriminate against the employment of women in order to avoid the ML benefits provided for in the Rules. Since the new law has been expanded from the SSS maternity benefits to full pay or salary which includes now the salary differential as its component, it is clear that the salary differential is part basic salary which will be part of the gross income of the female employee as per Sec. This will be deducted from your Full Pay, for this example, the MSC of the member is 12,000 PHP, Subtract the SSS Maternity Benefit to the amount of Full Pay less Social Contributions. Under the new SSS law, the highest Monthly Salary Credit or MSC for the year 2021 is P25,000 — up from the previous maximum MSC of P20,000 in 2020 — which means the member’s premium contribution will now be based on this P25,000 MSC. Employer shall pay to the SSS damages equivalent tot he benefits the female employee is entitled to in any of the following instances: Overall, the benefit of the member is inline with the contribution that you remit with SSS. The SSS will only be accepting applications from April 16, 2020, to April 30, 2020. Paid maternity leave and allowances and benefits granted to female national athletes. 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READ ALSO: SSS Pension Hike: Lawmaker Urges Immediate Release Of 2nd Tranche, Tagged as: (Application for exemption shall be submitted to DOLE every 1st quarter of the year), The manner of payment will be advanced by the employer within 30 days from filing of Maternity Leave Application. By 120 days pag registered single mothers. Easily fill out PDF blank, edit, and sign them. Compute the amount of full pay: Full pay[l] = monthly x maternity period in months[4] Start paying for your contribution. 30k x 3= 90k (let's say 3 months yung 105 days) 90k-70k = 20k lng ang salary differential, yan po ang iko cover ng company mo per law para sa ML mo. 2 Reply. Ang salary differential po ay ganito. Female Worker with Pending Administrative Case. You will also receive an email regarding the, Add the Employee from the list. A huge part of the Filipino populace in the Philippines are members of the Social Security System ( SSS ), a state-run institution that provides insurance to people working in private companies and sector. Any other working arrangement which the female worker shall agree to and consented to in writing, during the additional maternity leave period, shall be allowed. Filter by location to see Sss salaries in your area. 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COMPUTATION OF SALARY DIFFERENTIAL The employer shall pay the salary differential between the full salary of female worker during her maternity leave and the actual cash benefits received from the Social Security System (SSS) which shall be computed as follows: 1. Save or instantly send your ready documents. 11210 otherwise known as the "105- Will There Be A New Date For LET Exam? Maternity Benefit filing period is within 10 years from the date of delivery, miscarriage or emergency termination of pregnancy, For Employers filing maternity reimbursement claims of their former female employees who were not able to submit the required documents, For female members who delivered live child but resulted to death of the newborn, For Still Birth (Fetus died before or during labor/delivery). We are continuously working with Certified Public Accountants when making changes to this app. 32 (A) (1) of the National Internal Revenue Code (NIRC) and included in the computation of 13th month pay as per Department … This site uses Akismet to reduce spam. We aim to provide our readers with the freshest and most in-demand content. SSS Salary Differential. Ceej. Maternity leave benefits shall still be enjoyed even if female worker has a pending administrative case. Ang video na to ay How to Compute SSS Maternity Benefit & Salary Differential 2020 from HR Professional | Tagalog. Thus: Salary Differential (SD) = FP – SSSMB. Such leave without pay shall not be considered as a gap in the service of the child’s father or alternate caregiver, in both the public and private sector. : SSS Hotline: 1455: Asia: Middle East: Europe: SSS Trunkline No. 11mo ago. Deduct the amount of SSS maternity leave benefit from the amount of full pay, net of social contributions. In our example, the salary differential would be PHP61,862.50, computed as follows: LET March 2020 Postponed? At least 72 monthly contributions = two-month salary For example, if you are receiving Php 15,000.00 every month, your maximum loanable amount under this loan offer is twice your monthly salary or Php 30,000.00. SSS MONTHLY DEDUCTION 2020 – Every month, working-class Filipinos enrolled in the Social Security System gets a deduction in their salary as a contribution to their SSS membership. 3. SSS Monthly Deduction 2020. SSS Clearance Application : Application for Special Programs : Sickness and Maternity Benefits Payment thru the Bank Form : Contributions : Contribution Collection List : Contributions Payment Return : Employer Contributions Payment Return : Miscellaneous Payment Return : Contribution Penalty Condonation Form - Installment Proposal The national average salary for a Sss is $43,406 in United States. As such, the salary differential, being part of the maternity benefit, shall be treated under the same tax rules with the actual cash benefit received from the SSS. Hello Wakays! sss deduction 2020, sss deduction, Felizcia Arabella's Mommy. As such, each year, the SSS releases a new table and schedule of fees showing how much the members, both employees, and employers, need to pay as contributions monthly. Then multiply by 108 days. SSS Salary Differential. 11210 (RA 11210), also known as the SSS’ 105-Day Expanded Maternity Leave Law (EMLL) grants increased and better maternity benefits for its female members. However, the SSS will still accept non-PRN loan payments until January 31, 2021. Learn how your comment data is processed. As such, each year, the SSS releases a new table and schedule of fees showing how much the members, both employees, and employers, need to pay as contributions monthly. Here are the employers exempted in giving salary differential. If you don’t have an account, registered first at My.SSS. All forms can be downloaded thru the SSS website. “This is more than double the previous maternity benefit of PHP32,000,” Ignacio said. Since SSL-5 is effective January 2020, the DepEd Finance offices will compute and release salary differential starting January 2020 up to period when funding is available at DepEd level. Salary differential refers to the difference that shall be shouldered by the employer when the actual cash benefit received from the Social Security System (SSS) is less than the full pay or full salary of the female employee during the duration of the maternity leave. Meanwhile, the max MSC an individual can make is P20,000 with a total contribution of P2,430. (632) 8920-6401 Disclaimer Sweldong Pinoy is for personal use. Once these calculations have been made, in order to calculate the salary differential to be paid by the employer, the following computations should take place: This means government nurses will be receiving salary differentials as if they already have the new SG salaries beginning January 1, 2020. How much does a Sss make? This will differ for each employee and will be based on SSS formulae/computations. This ensures that the employee still receives the equivalent of her full pay while on maternity leave. With the new maximum monthly salary credit of PHP20,000 which was implemented last April, Ignacio said the maximum maternity financial assistance of SSS will increase to PHP70,000 by January 2020. This change will affect SSS members except for Kasambahay and Overseas Filipino Workers whose minimum MSC will remain at Php 1,000 and Php 8,000, respectively. Here is the payment schedule for SSS members both employees and employers: Thanks for reading. All Female Workers in the Public or Private Sector, Informal Economy, Voluntary Contributors and Female Athletes, who have: Here are the granted benefits under the EMLL: 1. This determines the loan benefits we could avail from the SSS. SSSMB = [(P20,000.00 per month x 6 months) / 180 days] x 105 days = [P120,000 / 180 days] x 105 days = P666.666667 per day x 105 days = P70,000.00. This is also improved to provide women with ample transition time to regain health and overall wellness as well as to assume maternal roles. The salary differential represents the difference between the SSS benefits and the employee’s basic pay; an amount to be shouldered by the employer. An improved and new law has been released and implemented to protect and promote the rights and welfare of working women taking into account their maternal functions. As used in our income tax law, “income” refers to the flow of wealth. 2 Replies. Health care services for pre-natal, delivery, postpartum and pregnancy-related conditions as governed by the existing rules and regulations of the PhilHealth. Share. He/she has used up all co… You must have posted at least 36 monthly contributions to avail of a one-month loan, or at least 72 monthly contributions for a two-month loan. Example, kapag March 2021 manganganak, gagamitin ng SSS ang 6 highest salary credits within Oct 2019 to Sep 2020. 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Formula goes like this: Salary Differential = Full Pay – Social Welfare Premium Contributions – SSS Maternity Benefit ; Where, Full Pay = Monthly Salary x 3.5 (or 98 days for those allocating 7 days to their husband/partner, although, please note that the Company may always still choose to pay 105 days despite allocation) The employer shall pay the salary differential between the full salary of female worker during her maternity leave and the actual cash benefits received from the Social Security System (SSS) which shall be computed as follows: exemption pursuant to Republic Act No. Where: MSC – Monthly Salary Credit. 2 Like. The member is unable to work due to sickness or injury and is confined either in a hospital or at home for at least four days; 2. 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Full Pay = Monthly Salary x Maternity period in months, Monthly Salary = (Daily Rate x Factor)/12, Full Pay = [(Daily Rate x Factor)/12] x Maternity period in months, Compute for amount less social contributions (employee’s share), For the Expanded Maternity Leave Law, contributions for SSS, PhilHealth and Pag-IBIG should be paid during the duration of your Maternity Leave, which will be equivalent to 3.5 months (for 105-days), 4 months *for 120-days) and 2 months (for 60 days). We created this to allow individuals to have an idea on how much their net pay would be. At least 36 monthly contributions = one-month salary For example, if you are receiving Php 15,000.00 monthly, you can borrow up to Php 15,000.00 from the SSS. SSS Contributions Table and Payment Deadline 2020 Posted By: sssinquiries_administrat0r December 26, 2019 If you want to download the SSS Contributions Table 2020, then you may double click this image and save on your phone for your handy reference Write a reply. Please do not use the app as a replacement for a payroll personnel or accounting department. ADVERTISEMENT. SICKNESS A daily cash allowance paid for the number of days a member is unable to work due to sickness or injury.Sickness Benefit Qualifying Conditions 1. Additionally, the table’s monthly salary credit (MSC) will also be based on your salary bracket. In case the maternity leave benefits have already been paid to the deceased or permanently incapacitated female worker in full, the child’s father or alternate caregiver shall be entitled to enjoy the remaining unexpired leave credits of the female worker, if any, without pay. 4. Option to extend for additional 30 days without pay in case of live childbirth, provided that the employer shall be given due notice. SSS MONTHLY DEDUCTION 2020 – Every month, working-class Filipinos enrolled in the Social Security System gets a deduction in their salary as a contribution to their SSS membership. 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