How SSS rates compare with India, Malaysia, Vietnam

  • 5 years ago
Social Security System (SSS) president Emilio de Quiros compared the SSS contribution rates with counterparts in India, Malaysia and Vietnam. "We used to have 10.4%, which we are increasing to 11%...You will notice in India, it's 36.11%. Malaysia is doing 25.25%, and Vietnam is 28.50%," he told ANC's Headstart. He noted other countries are charging more than twice the rate at higher salary base. ANC Headstart, January 14, 2014