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Maximum fund salary
Maximum fund salary is the Pag-IBIG salary ceiling used to compute the standard 2% / 2% contributions. After the 2024 update practitioners treat ₱10,000 as the cap, so ₱200 each side.
Also called MFS, Pag-IBIG cap
How it works
MSC is an SSS idea. MFS is a Pag-IBIG idea. They are not interchangeable. When you raise pay, check which caps you have already hit. A compensation change that feels large in dollars may change PhilHealth, leave SSS stuck at its MSC cap, and leave Pag-IBIG untouched at MFS.
Example: promotion ₱45,000 to ₱75,000. Pag-IBIG employer stays ₱200. PhilHealth employer moves from ₱1,125 to ₱1,875. SSS employer stays at the MSC cap. Three different slopes.
How it differs
TRAIN brackets are tax. MSC is SSS. Do not build one ‘gov cap’ cell.
Common errors
Applying the old ₱5,000 MFS after the cap moved and under-remitting.
In practice
Treat Maximum fund salary as a week-one operating object. Look at the next peso payslip and the next remittance file. If this word does not show up there, the quote from the sales call is incomplete. Write an owner - founder, local employer, or worker - and a date you will look at it again: first cutoff, first holiday, or first miss. If nobody can show a contract clause, a payslip line, a calendar block, or a checklist box, you do not have maximum fund salary yet. You have a conversation. Convert the conversation before the person starts, while changing the deal still costs a paragraph rather than a resignation. Re-read the worked example above against the actual hire in front of you. If the numbers in that example cannot be swapped for this seat’s pesos, hours, and start date, the brief is still unfinished.