From SSS Philippines: Relevant Policies regarding Pension / Retirement Plan

Janice

Certified WAHM l Licensed Financial Advisor & Professional Teacher l Financial Literacy Advocate l Founder of www.pinayinvestor.com

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23 Responses

  1. Anthony says:

    How long can Patrick receive his monthly pension? 5 yrs? If so, total contributions plus interest can’t be returned to him. Why is this so?

  2. Raymond says:

    Sa bagong batas nila, bawala na yung dating Teknik sa SSS.

  3. Michael says:

    How long will the pension be given? for 5 years?

    • Jun narciso says:

      until you die then

      Upon the death of a retiree pensioner, the primary beneficiaries shall be entitled to 100 percent of the monthly pension, and the dependents to the dependents’ allowance.

  4. Janice says:

    How to Check SSS Contributions ONLINE using Mozilla Firefox – Updated July 11, 2015.

    https://youtu.be/8aG9HQli99U

  5. I am an OFW… i fee 560 monthly contribution since 2007 when i start working abroad.. Since i read your blog i have intention to raised my monthly contribution to bracket 1k to max. How should i do this? ,just directly fee or I or my wife need to go to SSS office to do the changes of my contribution?.. FYI im turning 40 on oct. and i am Sss member since july 1999.. best regards

    • Janice says:

      Hi Sir,
      As stated in Item No. 3, we can only increase our MSC only once in a given calendar year and by one salary bracket only from the last posted MSC, with some exemptions. Please read the exemptions under Item no. 3

      • Jay-r says:

        Aljo, you can immediately jump to the highest braket without problem if and only if you are below 55 years old… see circular memo 2015-07 item#1

  6. Sheila says:

    Hi Janice.
    Thanks for these helpful info. I just have to consult you though, I went overseas since Oct 2014 and prior to that, I was employed. Now, itutuloy ko na sana yung contri ko but I want to know how much do I pay as an OFW. May hihingin bang docs si SSS if ever I choose to pay this amount, etc? Hope you can help. TIA!

    • Jun narciso says:

      you have to change your status from employed to voluntary or ofw, kailangan mo magpakita ng compensation information para malaman nila kung san ka puwedeng bracket then after a year puwede ka na mag increase ng 1 bracket hanggang sa maximum

  7. Jennifer Tubice says:

    Ma’am my mother is contributing as a voluntary member and I am the one who make the contribution. She is turning 57 by October of this year. Since 2 years ago, I gradually increase her contribution by two bracket whenever I can.
    This the contibution I made -increasing
    Jan-Mar 2014 is P550.00, Apr-Sep 2014 is P605.00, Oct 2014 is P715.00, Nov 2014 is P825.00, Dec 2014 is P935.00
    Jan-Jun 2015 is P1,045.00, Jul 2015 is P1,155.00, Aug 2015 is P 1,265.00 and I am planning to increase it monthly by 2 bracket until I reach maximum of P1,760.00.

    If according to SSS response to your blog, indicate there that 55yrs old and above can only increase contribution once a year. What will happen to my mothers contribution? What is the best thing I can do with these? I want her to get high amount of pension when she reach her 60. Please advise me. Thank You so much. Hoping for your positive response.

    • Janice says:

      Hi Jennifer, thanks for sharing this.
      I’ll try to get in touch with SSS and forward your concern.
      Will let you know once they reply.

  8. Lhiza Buan says:

    Ask ko ko lang po namatay po ang tatay ko 2005 tapos po nag pension ba daw po siya ng 5yrs kaya po ngayon nagke claim po ako ng death claim sa sss sang sabi po nila wala ba daw po ako make claim. Legitimate na anak po ako at nag iisa po ako. 35 years old na po ako ngayon. Nung nag retired po ang tatay ko 14yrs old pa lang po ako. Help me po pls. Salamat po.

  9. SARIE says:

    Hi Miss Janice
    My husband got a stable job in Saudi this year only. We stopped paying his sss as VM before when his job is not that stable.now we wud like to continue to pay his sss.we are in doubt if we will still pay his sss because he is already 40 yo.iniicp nmin n baka talo pa kmi kung maghuhulog pa kmi ngayon parang late n para maghulog.mga around magkano po kaya ang mgging pension nya kung 40 yo cya mag start maghulog?thanks.

  10. ROWENA says:

    Sa case po ng father ko, dati daw po P84 lng contributions nya. Then nagOFW po sya, for more than 10 yrs maximum binayaran nya. Total of 22 yrs po ang contributions nya. Hndi nman po nmin alam na bawal ang gradual increase ksi pag nagbayad ka sa sss wla nman sila sinasabi basta tanggap lang ng tanggap ng bayad. Nung nagfile sya ng pension 6000+ lng ang monthly pension nya samantalang yung uncle ko 500+ lang ang monthly contributions nya pero nasa 9000+ ang nakukuhang pension. 2 times nmin pinarecompute sa sss, ganun daw po tlga. Kung may reklamo daw po kailangan pa magpunta sa head office. Eh nsa province pa po kmi at senior citizen na ang tatay ko, ayw na ayaw bumibiyahe at pumipila at knowing ang government service natin, for sure pabalik balikin ka lang. Tingin nyo po ba tama ang computations ng pension nya o may mali po. Salamat

    • joseph francis albesa says:

      Bkit ganon na mas max ang contribution pero maliit ang pension,ngayon I am 45yrs old at self employed ang ssmembership k ,year 2016 fully paid na ak at ang total contribution k umabot n ng 204,last 2004 ang monhly sss contribution k ay 470 pesos at pg 2005 to present maximum payment n ak.kung humindtpo n ak sa pgbbyad ng sss mgkano ang mging pension when I reach 60, on year 2031, or if I will continue paying the maximum until I will 59yrs old how much will be my pension per month?

      • maria says:

        if kevin is paying 1760 monthly contribution in which ang monthly salary equivalent is 16000, papaano pong nangyaring 9900 lang ang pension makukuha nia?

  11. Maui says:

    Hello. Is this still true? Gradual pa din ang pag increase? Or i can go from min 110 to max 1760 in an instant? Parang i read a comment in your other blog post na pwede na yung hindi gradual.

    PLEASE REPLY.

    Thanks!

  12. miechu says:

    Hi!
    Ms Janice have a nice day… I am paying sss as volunteer contributor at maximum of 1760 for the last 7 years already, I paid a total of 13 years before wth my employer. I have 160 contributions all in all I am 40 now, what is best? do I have to still contribute at 1760 monthly, what would I benefit If I will pay for 7 years more to make it 20 years paying. Thank you so much.

  13. Edgar Balmoria says:

    Hello mam janice ofw po ako gusto kopong mgbyad ng sss saan po pwede mgbyad sss number lang po meron ako ngpa member po ako online at
    asawa kopo ofw din ngpamember napo siya kaya lang nlimutan nya number nya plano namin mgbyad kaming dlawa ngayon sunod na buwan anong mga hakbang ang dapat naming gawin ng asawa ko mam kasi nlimutan nya sss number nya, para mkpag bayd napo kami ,ng email napo kami sa member_relationss@sss.gov.ph wala pong sagot gusto kolang po i clarefy para klaro pogusto po namin maximum contribution.slamat po sana masagot nyo po mga katanungan ko sa email kopo. Salmat ng marami

  1. September 28, 2015

    […] my next post, I will share with you a very detailed explanation about this topic that was sent by the Social Security System of the Philippines, exclusively for […]

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