How SSS rates compare with India, Malaysia, Vietnam
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