Section 10
SEC. 10. Section eighteen of the same Act is further amended by designating the present provision as paragraph (a) and adding thereto paragraphs (b) and (c) 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 or 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 1973: Salary Monthly Bracket Range of Compensation Monthly Salary Credit Employer's contribution Employee's contribution Total Contribution I 1 - 49.99 25 1.20 0.30 1.50 II 50 - 99.99 75 3.00 1.50 4.50 III 100 - 149.99 125 4.40 3.10 7.50 IV 150 - 199.88 175 6.20 4.30 10.50 V 200 - 349.99 225 7.90 5.60 13.50 VI 250 - 349.99 425 14.90 10.60 25.50 VII 350 - 499.99 425 14.90 10.60 25.50 VIII 500 - 699.99 600 21.00 15.00 36.00 IX 700 - 899.99 800 28.00 20.00 48.00 X 900 - Over 1000 35.00 25.00 60.00 "(b) Increments in employer's and employee's contributions equal to one-sixth of their respective contributions in the schedule in paragraph (a) of this section rounded to the nearest ten centavos, shall be added on January 1, 1974 and January 1, 1979. "(c) 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."