The employee share is pegged at 1% if his monthly compensation is ₱1,500 and below, and 2% if monthly compensation is more than ₱1,500. The employer share is set at 2% regardless of the employee’s monthly compensation.
The maximum monthly compensation used for computing employee contributions is ₱5,000, which means that the maximum employee and employer contributions are both ₱100.
The employee share is pegged at 1% if his monthly compensation is ₱1,500 and below, and 2% if monthly compensation is more than ₱1,500. The employer share is set at 2% regardless of the employee’s monthly compensation.
The maximum monthly compensation used for computing employee contributions is ₱5,000, which means that the maximum employee and employer contributions are both ₱100.
it means meron kang outstanding loan balance boss, you or someone else have availed loan packages under your account, and yes yung loanable amount (benefit) varies with your total contribution, government din ako boss