EIGHTEENTH CONGRESS 
)
REPUBLIC OF THE PHILIPPINES ) 
Second Regular Session 
)
SENATE
s.B. No. 2027
(©{firp t.f lljf g>i
21 JAN 27 P 3 :29
RCCF • ■ 
r!,'
(In substitution of Senate Bill Nos. 1965, 1970, and 1996)
Prepared and submitted by the Committees on Government Corporations and Public 
Enterprises, and Labor, Employment and Human Resources Development, with 
Senators Villanueva, Gatchaiian, Marcos, Gordon, and Revilla, Jr., as authors
"AN ACT
GRANTING THE PRESIDENT OF THE PHILIPPINES THE POWER TO DEFER 
THE INCREASES IN CONTRIBUTIONS OF THE SOCIAL SECURITY SYSTEM 
FOR A LIMITED PERIOD OF SiX MONTHS WHICH MAY BE EXTENDED TO 
ANOTHER SIX MONTHS IN TIMES OF A DECLARED NATIONAL EMERGENCY 
OR STATE OF CALAMITY, AMENDING SECTION 4(a)(9) OF REPUBLIC ACT 
NO. 11199, ALSO KNOWN AS THE "SOCIAL SECURITY ACT OF 2018," AND 
FOR OTHER PURPOSES"
Be it enacted by the Senate and House of Representatives of the Phiiippines in 
Congress assembied:
1 
SECTION 1. Sec. 4(a)(9) of Republic Act No. 11199 also known as the Social
2 
Security Act of 2018 is hereby amended to read as follows:
3 
"Sec. 4. Powers and Duties of the Commission and SSS. -
4 
"(a) The Commission. - For the attainment of its main objectives
5 
as set forth in Section 2 hereof, the Commission shall have the
6 
following powers and duties:
7 
"xxx xxx;
8 
"(9) To implement the rate of contributions as well as the
9 
minimum and maximum monthly salary credits in accordance with the
10 
following schedule effective January of the year of implementation as
11 
follows:
1


1
2
3
4
5
6
7
8 
9
10
11
12
13
14
15
16
17
18
19
20 
21 
22 
23
Year of
Implementation
Share
Monthly Salar/ Credit
Contribution
Rate
Empioyer
Employee
Minimum
Maximum
2019
12%
8%
4%
P2.000
P20.000
2020
12%
8%
4%
P2.000
P20.000
2021
13%
8.5%
4.5%
P3.000
P25.000
2022
13%
8.5%
4.5%
P3.000
P25.000
2023
14%
9.5%
4.5%
P4.000
P30.000
2024
14%
9.5%
4.5%
P4.000
P30.000
2025
15%
10%
5%
P5.000
P35.000
"Provided, That the domestic workers or "kasambahays" as defined under 
Republic Act No. 10361 or the Batas Kasambahay who are receiving a 
monthly income lower than minimum monthly salary credit prescribed under 
this Act shall pay contributions based on their actual monthly 
salary: Provided, further. That members, who are subject to compulsory 
coverage and receiving a monthly income lower than the minimum monthly 
salary credit or more than the maximum monthly salary credit, and their 
employers, shall pay the SSS contributions based on the current minimum 
monthly salary credit or the maximum monthly salary credit, respectively, as 
provided in this Act.
"THE PRESIDENT OF THE PHILIPPINES, SHALL HAVE THE POWER TO 
SUSPEND OR DEFER THE IMPLEMENTATION OF INCREASES IN 
CONTRIBUTION RATES OF THE SOCIAL SECURITY SYSTEM 
MANDATED IN THIS SECTION BY VIRTUE OF AN ORDER ISSUED 
SOLELY IN TIMES OF A DULY DECLARED STATE OF NATIONAL 
EMERGENCY OR STATE OF CALAMITY FOR A PERIOD NOT 
EXCEEDING SIX MONTHS WHICH MAY BE EXTENDED TO ANOTHER 
SIX MONTHS UPON DETERMINATION BY THE PRESIDENT THAT 
FURTHER EXTENSION OF THE SUSPENSION OF IMPLEMENTATION 
OF INCREASES IS NECESSARY TO PROTECT PUBLIC INTEREST AND 
WELFARE: PROVIDED, THAT THIS POWER SHALL BE SUBJECT TO 
CONSULTATION WITH THE SOCIAL SECURITY SYSTEM AND 
AFFECTED MEMBERS AND KEY STAKEHOLDERS.


1
2
3
4
"The rate of penalty on unpaid loan amortizations shall be determined and 
fixed by the Commission from time to time through rules and regulations on 
the basis of applicable actuarial studies, rate of benefits, inflation, and other 
relevant socioeconomic data."
5 
SEC. 2. Separability Clause. - If any provision or part hereof is held invalid or
6 
unconstitutional, the remainder of the law or the provision not otherwise affected
7 
shall remain valid and subsisting.
8 
SEC. 3. Repealing Clause. - All laws, presidential decrees or issuances,
9 
executive orders, letters of instruction, administrative orders, rules and regulations
10 
contrary to or inconsistent with the provisions of this Act are hereby repealed,
11 
modified or amended accordingly.
12 
SEC. 4. Effectivity. - This Act shall take effect fifteen (15) days after its
13 
complete publication in at least two (2) newspapers of general circulation.
14
Approved,