As per PhilHealth:
Based on Circular 2019-009 – 2024-2025 PhilHealth Contributions have increased from 4.5% in 2023 to 5% in 2024.
All PayrollHero accounts are set to 5% PhilHealth Contribution starting January 2024.
As per Pag-Ibig:
Based on Circular No. 460 – PagIbig Contributions of all “Pag-Ibig I” members have increased from 1% to *2% for both employee and employer contributions.
The 2% shall be taken from the maximum Php10,000 “fund salary” of employees.
This means from the usual Php 100 per month, Pagibig Contributions will now show as Php 200.
All PayrollHero accounts are set to the updated Pagibig Contribution starting February 2024.
If you have any questions, please email us at support@payrollhero.com