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 .
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Deferring PhilHealth Contribution Increase

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Contributions for SSS and PhilHealth are increasing this year. PhilHealth contribution rates will now be 3.5% (from 3.0%) and the income ceiling will now be 70,000 (from 60,000).

The monthly contributions of SSS members will be increased from the current 12% to 13%, employer share will be 8.5% (from 8.0%) and employee share will be 4.5% (from 4.0%), and the minimum and maximum salary credits used for computation will now be 3,000 and 25,000 (from 2,000 and 20,000).

We have already updated Sweldong Pinoy and Budget Pinoy to use the 2021 rates. Earlier this week, President Duterte ordered the deferring of the PhilHealth contribution increase and PhilHealth suspended the increase pending law amending the Universal Health Care Act.

Source: https://www.facebook.com/PhilHealthofficial


We have updated Sweldong Pinoy (sweldongpinoy.com and Android app 4.3.2) and Budget Pinoy (budgetpinoy.com) to use the new SSS contribution rates for 2021 and the 2020 PhilHealth contribution rates. If you want to check and compare your salary based on 2020 and 2021 rates, you can still use the dropdown to choose the rates.

Sweldong Pinoy is a salary calculator for Filipinos in computing net pay, withholding taxes and contributions to SSS/GSIS, PhilHealth and PAG-IBIG. Help us improve our apps! Send us your comments and suggestions by email, Facebook Messenger, or with the Chatra app on our website. Also, follow us on Twitter, Instagram, and Facebook for more updates.

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