Professional Documents
Culture Documents
Contribution
Salary MOS Staff Purpose of this contribution is
BELOW – 2,250 160.00 80.00 for the retirement fund of the
2,250 – 2,749.99 200.00 100.00 Filipino employee
2,750 – 3,249.99 240.00 120.00 It also provides death,
3,250 – 3,749.99 280.00 140.00 maternity, funeral,
3,750 – 4,249.99 320.00 160.00 permanent disability,
4250 – 4,749.99 360.0 180.00 sickness, and
4,750 – 5249.99 400.00 200.00 unemployment benefits
5,250 – 5,749.99 440.00 220.00 In order to get the monthly
5,750 – 6,249.99 480.00 240.00 pension, the person must be
6,250 – 6,749.99 520.00 260.00 at least 60 years old and
6,750 – 7,249.99 560.00 280.00 have completed at least 120
7,250 – 7,749.99 600.00 300.00 monthly payments
7,750 – 8,249.99 640.00 320.00 For an employee to avail a
8,250 – 8,749.99 680.00 340.00 salary loan, the person must
8.750 – 9,249.99 720.00 360.00 complete 36 monthly
9,250 – 9,749.99 760.00 380.00 payments. 6 of which should
9,750 – 10,249.99 800.00 400.00 be in the last 12 months.
10,250 – 10,749.99 840.00 420.00 Repayment will be for 24
10,760 – 11,249.99 880.00 440.00 months (2 years)
11,250 – 11,749.99 920.00 460.00
11,750 – 12,249.99 960.00 480.00
12,250 – 12,749.99 1,000.00 500.00
12,760 – 13,249.99 1,040.00 520.00
13,250 – 13,749.99 1,080.00 540.00
13,750 – 14,249.99 1,120.00 560.00
14,250 – 14,749.99 1,160.00 580.00
14,750 – 15,249.99 1,200.00 600.00
15,250 – 15,749.99 1,240.00 620.00
15,750 – 16,249.99 1,280.00 640.00
16,250 – 16,749.99 1,320.00 660.00
16,750 – 17,249.99 1,360.00 680.00
17,250 – 17,749.99 1,400.00 700.00
17,750 – 18,249.99 1,440.00 720.00
18,250 – 18,749.99 1,480.00 740.00
18,750 – 19,249.99 1,520.00 760.00
19,250 – 19,749.99 1,560.00 780.00
19,750 and above 1,600.00 800.00
Philhealth Contribution:
Php 10,000.01 to Php 300 to Php Php 150 to Php Php 150 to Php
Php 59,999.99 1,799.99 899.99 899.99
HDMF fund is an agency of the government that provides affordable financing if a Filipino
employee wants to buy a new house
Maximum amount base for HDMF contribution is at Php5,000
Maximum amount that the company will pay per employee is only Php100
In order to avail a housing loan, the employee must have at least 24 monthly contributions,
and has 1 contribution 6 months prior to application. Employee must also present proof of
income/employment
It also provides short-term loan, multi-purpose loan, house repair loan, calamity loan
Lastly, it provides savings that when you reach 45 years old and reached 240 contributions,
employee can withdraw the money.
Sample Computation: