Voluntary Coverage of Separated Members
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Self-employed/voluntary members should:
- Pay their monthly contributions using Contributions Payment Return (SS Form RS-5) monthly or quarterly in accordance with the prescribed schedule;
Beginning 01 January 2004, self-employed and voluntary members, including OFWs may change their MSC monthly. The change may be by one or two salary brackets without requiring the submission of documents to prove their earnings. In case the change will result to an MSC of lower than P5,000.00, or where the change will result in more than two salary brackets higher or lower than the present MSC, a Declaration of Earnings must be submitted to support the new earnings. However, if the age of the member is 55 years or older and the present MSC is more than P10,000.00, the allowed increase is only one salary bracket regardless of whether the supporting documents are submitted or not.
For Overseas Filipino Workers (OFWs), the minimum MSC was increased from P3,000.00 to P5,000.00, beginning 01 January 2004.
- Update or correct their personal records with the SSS by submitting a duly filled-up Member's Data Amendment (SS Form E-4) with supporting documents; and
- Be conscious of changes and improvements in SSS policies and benefit structure.
Self-employed and voluntary members may enroll in the Auto-Debit Arrangement System which allows the one-time enrollment of the SE/VM member's bank account for the automatic payment of monthly SSS contributions and loan repayments. This arrangement is open at the United Coconut Planters Bank, BDO, Bank of the Philippine Islands, Metropolitan Bank and Trust Co., Philippine National Bank, Philippine Savings Bank, Development Bank of the Philippines and First Consolidated Bank.