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Showing posts from March, 2019

MP2 Calculator: 2024 Dividend

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MP2 Calculator is an app for computing how much your MP2 (Modified Pag-IBIG 2) savings may grow based on actual dividend rates. The MP2 Savings is a special voluntary savings facility with a 5-year maturity, designed for active Pag-IBIG Fund members who wish to save more and earn even higher dividends, in addition to their Pag-IBIG Regular Savings. The MP2 dividend for 2024 (7.10%) has been announced. We have updated the MP2 Calculator Android app (version 0.3.0) and the web app at https://mp2calc.sweldongpinoy.com . If you have comments, suggestions, and inquiries, you can email us at info@sweldongpinoy.com or you can also send us a message .

New SSS Contribution

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Earlier this year, Republic Act No. 11199 (The Social Security Act of 2018) was signed by the president. Under the law, the monthly contributions of SSS members will be increased from the current 11% to 12% this year and will gradually increase every other year until it reaches 15% on 2025. Minimum and maximum monthly salary credits will likewise gradually increase. The New Contribution Schedule for 2019 will be implemented for the applicable month of April and payable in May 2019. You can learn more about this here . We are already using the the new SSS contribution table in https://www.sweldongpinoy.com . This is also available in version 4.1 of the Sweldong Pinoy Android app (rolling out now). We'll be updating our apps again soon. Follow us on Facebook and Twitter so you can be updated about these and more. Email us at info@sweldongpinoy.com or send us a message if you have questions and suggestions about our apps