Appendix XV

Salary bracket

number

I

Range of compensation

Monthly salary credit

Social Security Law, 1954 of the Philippines:

Rates of contribution to the Social Security System (old age, invalidity, death and sickness)

Employer's contribution

Employee's contribution

Total contribution

B 1

249.99

B25

R 1.40

B 0.40

£ 1.80

II

50.00 99.99

275

R 3.50

R 1.80

£ 5.30

III

£100.00 149.99

-

B125

B 5.10

B 3.60

2 8.70

IV

B150.00 199.99

2175

27.20

25.00

B12.20

V

£200.00 249.99

B225

B 9.20

R 6.50

215.70

VI

B250.00

· 349.99

2300

212.30

2 8.70

B21.00

Vii

2350.00 499.99

-

2425

217.40

212.40

229.80

VIII

£500.00 - 699.99

B600

124.50

217.50

B42.00

IX

2700.00 899.99

2800

232.70

£23.30

£56.00

X

2900.00 and over

£1000

240.80

229.20

270.00

Share This Page