Pagibig Contribution Table 2017

Here is the latest Pagibig Contribution Table 2017 or HDMF Contribution Table. The Home Development Mutual Fund is very helpful in supporting Pagibig members to generate savings, earn dividends and avail housing loans and other loans offered by Pagibig.

It is mandatory for employees to pay Pagibig Fund contributions every payroll or whenever they receive their salaries. This is automatic and done by the employer every payroll. It is also important for employers to remit and submit reports to Pagibig regarding all their employees’ contributions. Knowing the latest Pagibig contribution table helps in awareness of each member, thus we are sharing here the latest contributions.

Pagibig Contribution Table 2017

Every employee, employer, members, OFWs must take note the latest Pagibig Contribution Table 2017 below to aid and be aware how much you are paying to Pagibig Fund every month. The usual payment is P100 following the maximum compensation set to 5,000.

How to compute Pagibig Contributions?

The maximum monthly compensation allowed to compute each employee’s Pagibig contribution is currently set at P5,000. This means that the maximum contribution a member can pay per month is currently P100 and the employer’s share applied to that maximum contribution is also P100.

If you are employed and you are receiving more than 5,000 every month, you will be deducted 100 every month to cover your employee share. Your employer will also pay 100 to your Home Development Mutual Fund (employer share).

How Pagibig Fund earns money?

Pagibig (HDMF) is a mutual fund. All the money you will contribute to the HDMF will be pooled and invested to different financial instruments usually government funds or money markets. These Mutual Fund then will earn income from those investments. As a member of the Home Development Mutual Fund, you are entitled to that income.

Learn more about Mutual Funds and earn more money by going to this page: Mutual Funds Guides

How to increase your Pagibig Contributions?

Pagibig a.k.a. HDMF, allows members the opportunity to earn more income and dividends from the Fund by increasing their Pagibig savings. You can check out this post to learn how to do that: “How to increase your Pagibig Savings”

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New SSS Contribution Table 2017

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Source: https://philpad.com/pagibig-contribution-table/

New SSS Contribution Table 2017

We have the latest and new SSS Contribution Table 2017 here so everyone including employers, employees, self-employed, voluntary members and OFWs must know the latest contribution table. This applies to SSS Contributions 2014, 2015, 2016 as well.

I’ve been to the SSS office two days ago to pay the current quarter’s premiums and as usual to submit R3 reports. The very kind and accommodating employee reminded me about next year’s change of SSS contributions schedule. I asked a copy of the complete schedule for employers, employee, self-employed, OFWs and voluntary members as well. So here I am sharing them to everyone.

Thought to share the latest SSS Contribution table 2017 here. It will be very helpful if you print it out especially if you’re an employer so you can update your employees’ contributions earlier and not rush doing it at the exact time of your payment. I also advise voluntary members, OFWs and self-employed to know the update and check the new amounts from the table to avoid payment errors.

By the way, all members of SSS including employers are now required to have an SSS online account. Apparently, the Social Security System is aiming to make everything online now which is great I think. Eventually, we don’t need to go to the SSS to transact or inquire about our account. There are features on the online account such as viewing premiums, static information, and employment history download that are now working. I hope other features for employers like uploading R3 will be working soon too. I’ve been trying to do the uploading manually online but the system causes errors. I asked that to the SSS too and they said, it would work in the future.

If you want to view and check your SSS account online, we have the ultimate guide here:       How to View and Check SSS Contributions Online

SSS Contribution Table for 2017

For employers and employed people, see the table below.

SSS Contribution Table 2017 for OFW Self-employed and Voluntary members

Note that the minimum salary credit for OFW member is P5,000.

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Pagibig Contribution Table 2017

New Philhealth Contribution Table 2017

Source: https://philpad.com/new-sss-contribution-table/

New Philhealth Contribution Table 2017

Philhealth Contribution Table 2017 for Employed Members

The table below applies to the employed category membership of the NHIP. According to the memo from Philhealth, “members shall be entitled to in-patient hospital care including all case rate packages and catastrophic illness in the Case Type Z Benefit Package, out-patient coverage and other special benefit package under the National Health Insurance Program (NHIP).”

Philhealth Contribution Table 2017 for OFW

New premium contributions of P2,400/year applies to OFW or those under the OWP (Overseas Workers Program) applicable to Landbased OFWs, either documented or undocumented.

Members under this category can pay either P2,400 for the annual contributions or P1,200 for the 6 months contributions.

Philhealth Contribution Table for Self-employed, Individually Paying Member

With monthly income of P25,000 and below – P2,400/year

With monthly income above P25,000 – P3,600/year

All members under this category can pay quarterly, semi-annually or annually.

Philhealth Contribution Table 2017 for the Sponsored Program Members

Sponsored members whose premium contributions are fully or partially subsidized by their sponsors such as LGUs, Private Entities, Legislators, and National Government Agencies are under this category.

Annual premium of P2,400 is also applied to these type of members.

According to Philhealth, all sponsored members and their beneficiaries

"shall be entitled to identified in-patient hospital care (including the Z Benefit Package), out-patient care services, and other health care services provided by accredited health care centers and providers. They shall also be entitled to the No balance Billing (NBB) Policy for health care services provided by accredited government health facilities in a non-private accommodation. Likewise, they shall also be entitled to the Primary Care Benefit 1 (PCB1) Package to be provided by their accredited Primary Care Benefit Provided where they are assigned and enlisted."

Those health benefits sound so helpful. Health is wealth. Remember that in order to be eligible to benefits, we must always pay our premiums and avoid missing a month or months of unpaid contributions. Philhealth always require active membership and payment of premiums in availing benefits. It is always important to know our benefits and the requirements even if we are not availing them.

I hope though these premium requirements will not increase next year. They are too close to those private health insurance providers. Nonetheless, they must also increase health benefits packages and coverage.

Related Articles:

New SSS Contribution Table 2017

Pagibig Contribution Table 2017

Source: https://philpad.com/new-philhealth-contribution-table/