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Primary Text
Contributions. - All members of the Program shall contribute to the Fund. in accordance with a reasonable, equitable and progressive contribution schedule to be determined by the Corporation on the basis of applicable actuarial studies and in accordance with the following guidelines:
a) Formal sector employees and current medicare members and their employers shall continue paying the same monthly contributions as provided for by law until such time that the Corporation shall have determined the contribution schedule mentioned herein: Provided, That their monthly contribution shall not exceed three percent (3%) of their respective monthly salaries.
b) Contributions from self-employed members shall be based primarily on household earnings and assets; their total contributions for one year shall not, however, exceed three percent (3%) of their estimated actual net income for the preceding year.
c) Contributions made in behalf of indigent members shall not exceed the minimum contributions set for employed members.
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