Amending Section 12 of P.D. No. 1636

January 16, 1981

PRESIDENTIAL DECREE NO. 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; acd

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 inadvertently 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: casia

 Section 12 of P.D. No. 1636 is hereby amended to read as follows:

"Sec. 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, 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: acd

Salary		Monthly	Monthly Contributions
Bracket	Range of	Salary
Number	Compensation	Credit	Employer	Employees	Total
I	1- 49.99	P25	P1.70	P0.40	P2.10
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 employees pay envelopes."

SECTION 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.

Published in the Official Gazette, Vol. 77 No. 19, 2451-118 Supp., on May 11, 1981.