Tax Notes
SSS Implements Revised Contribution Rates for 2025
The Social Security System (SSS) has issued Circular No. 2024-006 dated December 19, 2024, reflecting an increase in mandatory contribution rates and adjustments to the monthly salary credit, pursuant to the provisions of Republic Act (RA) No. 11199 or the Social Security Act of 2018. These changes took effect on January 1, 2025.