Navigating the SSS online payment system in 2025 is crucial for all members, especially with the recent updates in contribution rates and the mandatory use of the Payment Reference Number (PRN) for loan payments.
This comprehensive guide provides detailed insights into the new contribution structures and the step-by-step process to generate your PRN efficiently.
Understanding the 2025 SSS Contribution Rates
Effective January 1, 2025, the Social Security System (SSS) has implemented a 1% increase in the contribution rate, raising it from 14% to 15%.
This adjustment aims to strengthen the financial stability of the Social Security System fund, ensuring continued benefits for its members.
Breakdown of the 2025 Contribution Rates:
| Membership Type | Total Contribution Rate | Employer Share | Employee Share | Minimum MSC (PHP) | Maximum MSC (PHP) |
|---|---|---|---|---|---|
| Employed Members | 15% | 10% | 5% | 5,000 | 35,000 |
| Self-Employed / Voluntary Members | 15% | N/A | 15% | 5,000 | 35,000 |
| Overseas Filipino Workers (OFWs) | 15% | N/A | 15% | 8,000 | 35,000 |
Note: MSC stands for Monthly Salary Credit.
For contributions exceeding PHP 20,000, the excess amount is allocated to the Mandatory Provident Fund (MPF), enhancing the member’s retirement savings.
Eligibility for SSS Contributions
All individuals engaged in income-generating activities are encouraged to contribute to the Social Security System. This includes:
- Employed Individuals: Employers are mandated to deduct and remit contributions on behalf of their employees.
- Self-Employed Persons: Individuals running their own businesses or practicing professions.
- Voluntary Members: Formerly employed individuals who wish to continue their contributions.
- Overseas Filipino Workers (OFWs): Filipinos working abroad are encouraged to maintain their Social Security System contributions.
- Non-Working Spouses: Spouses of SSS members who manage the household full-time.
Maintaining regular contributions ensures eligibility for various Social Security System benefits, including retirement, disability, maternity, and loan programs.
Generating Your PRN for SSS Loan Payments
The Payment Reference Number (PRN) is essential for the real-time posting of loan payments. Here’s how to generate your PRN:
For Individual Members:
- Online via My.SSS Portal:
- Log in to your My.SSS account.
- Navigate to the “Loans” section and select “Generate PRN”.
- Input the necessary details and submit to obtain your PRN.
- SSS Mobile App:
- Download and open the Social Security System Mobile App.
- Log in and select “Generate PRN” under the “Loans” tab.
- Follow the prompts to receive your PRN.
- SSS Branches:
- Visit the nearest Social Security System branch.
- Use the Self-Service Terminal or approach the E-Center to generate your PRN.
For Employers:
- Email Notifications:
- Social Security System sends PRN Loan Billing Notices to the employer’s registered email.
- Review the email and retrieve the PRN details.
- My.SSS Employer Account:
- Log in to your employer account on the My.SSS portal.
- Access the “Loans” section to generate or retrieve PRNs.
- SSS Branches:
- Employers can visit Social Security System branches to generate PRNs using the available facilities.
Payment Channels for SSS Loan Payments
Once you have your PRN, you can make payments through the following channels:
- Banks:
- Asia United Bank
- Bank of Commerce
- China Bank Corporation
- Metropolitan Bank and Trust Company
- Philippine National Bank
- Rizal Commercial Banking Corporation
- Security Bank Corporation
- Union Bank of the Philippines
- Non-Bank Collecting Partners:
- SM Mart, Inc.
- Bayad Center
- CashPinas
- International Partners:
- Ventaja
- I-Remit
Ensure to present your PRN during payment to facilitate real-time posting.
Staying informed about the Social Security System online payment system and understanding the updated contribution rates and PRN generation process is vital for all members.
Regular contributions and timely loan payments ensure access to the comprehensive benefits offered by the SSS, securing your financial well-being now and in the future.
FAQs
What happens if I fail to use a PRN for my loan payment?
Payments without a PRN may not be posted in real-time, leading to potential delays in updating your loan records and possible penalties.
Can I generate a PRN for multiple loan payments at once?
Yes, the system allows you to generate a PRN that covers multiple loan payments, provided they are within the same billing period.
Is there a deadline for loan payments using the PRN?
Yes, loan payments should be made on or before the due date specified in your PRN to avoid penalties.