Update: Pag-IBIG will defer the increase in contribution again as they had a strong performance in 2021. The Sweldong Pinoy apps have been updated.
Sweldong Pinoy is a salary calculator for Filipinos in computing net pay, withholding taxes and contributions to SSS/GSIS, PhilHealth and PAG-IBIG. Next year, contributions will be changing again; we're updating Sweldong Pinoy with the new rates.
What's Changing?
Last year, contributions for SSS was increased and will still be the same. In accordance with the Universal Health Care Act (Republic Act No. 11223), the PhilHealth contribution rate will rise to 4.0% (from 3.5%) and the income ceiling will now be 80,000 (from 70,000). However, the increase for 2021 was deferred.
Pag-IBIG Fund members' mandatory monthly savings was also scheduled to increase from the current P100 to 150 by January 2021 and to 200 by January 2023. This was postponed to 2022.
Sweldong Pinoy and Budget Pinoy Updates
We have updated sweldongpinoy.com, budgetpinoy.com, and the Sweldong Pinoy (version 4.4) and Budget Pinoy (version 1.2) Android apps for the upcoming changes to the contributions.
The Sweldong Pinoy and Budget Pinoy web and Android apps have a dropdown so you can choose between the current or upcoming rates. With this, you compare how your salary will change from this year to next.
Sweldong Pinoy for 2022 (Android)
Budget Pinoy for 2022 (Web)
What's Next?
If any of the scheduled increase will be postponed (like with PhilHealth for 2021), we will be updating our apps as soon as it becomes official.
Let us know how we can improve Sweldong Pinoy. Contact us by email, Facebook Messenger, or with the Chatra app on our website. For more updates, follow us on Twitter, Instagram, and Facebook.
Originally published at the Sweldong Pinoy Blog
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