Presidential Decree No. 1806 (PD 1806) — Amending Section 12 of Presidential Decree No. 1636 Which Amended Republic Act No. 1161, Otherwise Known as the Social Security Law.
WHEREAS, in the preparation of P.D. 1636, a very important
provision regarding the maximum coverage earning or compensation of all SSS
members has been deleted;
WHEREAS, under the present decree, only the schedule of
payment of monthly contributions appeared without mentioning the maximum salary
from which said deductions should be charged; and
WHEREAS, the paragraph which has been in-advertently omitted
will be beneficial to employees;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers vested in me by the Constitution, do hereby
order and decree the amendment of Section 12 of P.D. No. 1636:
SECTION 1. Section 12 of P.D. No. 1636 is hereby amended to
read as follows:
"Section 12. Section 18 and Section 18-A of Republic Act No.
1161 are hereby combined and amended to read as follows:
'Sec. 18. Employee's contribution—(a) Beginning as
of the last day of the calendar month when an employee's compulsory coverage
takes effect and every month thereafter during his employment, the employer
shall deduct and withhold from such employee's monthly salary, wage,
compensation of earnings, the employee's contribution in an amount corresponding
to his salary, wage, compensation, or earnings during the month in accordance
with the following schedule effective on January 1, 1980:
Salary
Bracket
Number
Range of
Compensation
Monthly
Salary
Credit
Monthly Contributions
Employer
Employees
Total
I
1-49.99
P 25
P 1.70
P 0.40
P 2.10
II
50-99.99
75
4.30
2.00
6.30
III
100-149.99
125
6.40
4.10
10.50
IV
150-199.99
175
9.00
5.70
14.70
V
200-249-99
225
11.40
7.50
18.90
VI
250-349.99
300
15.20
10.00
25.20
VII
350-499.99
425
21.60
14.10
35.70
VIII
500-699.99
600
30.40
20.00
50.40
IX
700-899.99
800
40.50
26.70
67.20
X
900—over
1000
50.70
33.30
84.00
'The maximum covered earnings or compensation of all SSS members shall be
limited to P1,000 per month as provided in the foregoing schedule
unless otherwise provided for by the Social Security Commission through
rules and regulations taking into consideration actuarial calculations and rate
of benefits.
'(b) Every employer shall issue a receipt for all contributions deducted from
the employee's compensation or shall indicate such deductions on the employee's
pay envelopes.' "
Effectivity.
SEC. 2. Effectivity. —This Decree shall take effect
immediately.
Done in the City of Manila, this 16th day of January, in the year of Our
Lord, nineteen hundred and eighty-one.
(Sgd.) FERDINAND E. MARCOS
President of the
Philippines
By the President:
(Sgd.) JUAN C. TUVERA
Presidential Executive
Assistant
Vol. 25, Vital Documents, Presidential Decree 1980-1981
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
