SSS Retirement Benefit: An Easy to Follow Guide in Computing Your Pension

sss retirement benefit

SSS retirement benefit or pension as we normally call it is one of the few benefits employees are entitled to receive when they retire. So before you empty your savings by joining the YOLO, you will only live once, and FOMO, fear of missing out, craze you may want to consider how much you’ll be getting from SSS by the time you’ll retire. Are you ready to know how small it will be?

Yes I know, I also suddenly felt like a certified tito like how they call it now because of all these acronyms. Lucky me there’s Google to provide me with the info haha!

READ: New SSS Contribution Schedule | Bigger and Better Benefits

Know Your SSS Contribution Table

I’m going to teach you how to read the table below. Yes, I know how you despise seeing this kind of table so do I hehe. Sadly, this is needed in order for you to compute your monthly pension.

Here is the new SSS contribution table:

Employed, Self-Employed, Voluntary Member, and Non-Working Spouse

You can use this new SSS contribution table if you are an employed, self-employed, voluntary member, or non-working spouse.

sss contribution table for employers and employees
sss contribution table for self-employed
sss contribution table for voluntary members and non-working spouse

Household Employers, Kasambahay, and OFW Members

You use this new SSS contribution table if you are a household employer, kasambahay, or an OFW member.

sss contribution table for kasambahay
sss contribution table for OFW
Credits to the SSS website.

Let’s begin with the range of compensation. This is just your basic monthly salary on which the remaining components are based. Monthly Salary Credit (MSC) is the median of the range of compensation. It’s also good to note that the maximum MSC is only set at 20,000. The contribution rate on the table is 12% of your monthly salary credit which is being shared by you (4%) and your employer (8%).

I know you need an example so this is what you are waiting for. If an employee has a salary of Php 25,000 per month then his MSC is pegged at Php 20,000 only. Remember that it is already the maximum MSC in the table, right?

Average Monthly Salary Credit (AMSC) is computed based on the last 5 years of service.
Credited Years of Service (CYS) is the total number of years your SSS contribution is paid. One CYS is equivalent to at least 6 months’ contributions paid in any given year.

3 Simple Formulas to Compute Your SSS Pension

After knowing the terms, you can finally compute for your pension. SSS provided three formulas that you can use to compute your monthly pension. Because there are three formulas, you will also get three answers and whichever is the highest among them will be your monthly pension.

Here is how to compute the SSS retirement benefit:

1. Based on the Credited Years of Service (CYS)

The first formula is highly driven by the number of years you paid your contribution. This simply translates that the more years you contribute the higher your SSS pension will be. However, this formula is only good to use if you paid or planning to pay for more than 19 years.

2. Minimum SSS pension

SSS pegged the lowest pension that a member can receive in order for them not to get less than the minimum. This formula best serves the below-minimum wage earners and workers with less than 10 credited years of service.

3. Based on the Average Monthly Salary Credit (AMSC)

The formula is based on your AMSC. You can maximize your SSS pension using this by increasing your contribution. But it is also good to note that this is the formula to use if you contributed or planning to contribute for 19 years and below.


The three formulas remain the same as per R.A. 11199 plus Php 1,000 for all SSS pensioners.

Pursuant to Memorandum from the Executive Secretary in 2017, by the authority of the President, an additional Php 1,000 shall be given to all pensioners.

The first formula will give the highest amount if you plan to work for a very long time. Notice the 2% addition to your pension for every CYS when you surpass the 10 years mark. The second formula is something you don’t even want to have as your pension, right? Come on, even that ₱2400 plus Php 1,000 will not be enough for your maintenance medicine. The last formula, however, is very straightforward and easy to compute.

Sample Computation of SSS Pension

With all the formulas presented, you might feel the need for an example so I decided to add one. In this example, Mr. Wise started working at the age of 20 and he is planning to retire when he reaches the age of 60. His salary for the last 5 years is ₱60,000. Can you help him in computing his pension?

CYS: 40 years (started working at 20 and plans to retire at 60)
AMSC: ₱ 20,000 (this is the maximum MSC regardless of his salary)

The following values are attained based on the new SSS contribution table for 2019. This is for illustration purposes only as it will be different in the coming years.

If you’ll look at the figure above, formula #1 provides the highest amount which means that this is the pension Mr. Wise Guy will get starting at age 60.

Suan, malaki-laki na din pala yung pension sabi mo maliit lang.

A good thing to understand is that the amount was calculated from 40 years of credited years of service. If you are planning to have an early retirement then your pension will be lesser. Personally, I don’t want to work for that long. I want to enjoy life and spend more time with my family. If you are like me, a pension of ₱17,300 is pretty impossible knowing I’m not planning to work for that long.

Average SSS Retirement Benefit

Do you know the average pension retirees get? The illustration above is just an example so don’t be excited yet. The following is the average SSS pension throughout the years and you’ll be alarmed knowing that it may not be enough to sustain a living.

2012: ₱3,707
2013: ₱3,577
2014: ₱3,792
2015: ₱3,780
2016: ₱3,658
2017: ₱5,123

READ: 2 Ways to Get the Highest SSS Pension | Have a Comfortable Retirement

Can you get over those digits? These are only averages so you must keep yours on top of it but if you don’t and settle with those numbers then your retirement will be doomed. So how can you level up the game and secure your future? Simple, you must have a contingency plan. Don’t just settle for saving your money, you must also invest to beat inflation.

Build Your Retirement Fund

You may consider getting a VUL plan that has income protection with a wealth accumulation plan. Give your family financial security and peace of mind while growing your money over time. You may request a quotation and financial consultation by following the link below.

READ: Sun Maxilink Prime | The Best Selling VUL Plan from Sun Life

If you have at least Php 250,000 sitting in your bank account then you may consider investing it in a single-pay VUL. This will help you grow your money better than what you normally get for your savings account while getting life insurance protection.

READ: Sun Maxilink One | Earn Better than Banks


While SSS provides a good retirement benefit. You should not rely on it solely if you don’t want to struggle financially during your golden years. Consider investing your money in a mutual fund, UITF, VUL plan, etc. that will not only beat inflation but also provide you the comfortable retirement you deserve.


297 thoughts on “SSS Retirement Benefit: An Easy to Follow Guide in Computing Your Pension

  1. Hi Federico,
    Kumusta? Ako po ay 61 years old at naninirahan sa ibang bansa. Ako po ay nagtrabaho sa Pilipinas from 1983 hanggang 2004 (a total of 252 months contributions). Ako ay nangibang bansa noong taong 2004. Fast forward year 2023….gusto ko po sanang mag voluntary contribution starting 2023 hanggang maging 65 years old na ako. Siguro ang maging voluntary contributions ko ay equivalent to 48 months. Tama ba ang assumption ko na to get the 60 months AMSC, it will be based on my 48 months voluntary contributions and on the last 12 months contribution in 2004 & 2003 when I was still working in the Philippines.
    Maraming salamat po sa inyong kasagutan.

  2. Hi Sir,

    Question may 2 scenarios po ako sana ma compute mo po sir 🙂

    First scenario: Total of 10 yrs contribution with max MSC of 20k

    Second scenario: Total of 12 yrs contribution but 10 yrs with max MSC of 20k and 2yrs with 2k as MSC


  3. Sir, for the year 2023 the maximum MSC is 30,000 composed of the total of Regular Social Security Employees Compensation of 20,000 plus mandatory provident fund of 10,000. For computation of pension purposes, am I going to use the 20,000 or the total of 30,000 for year 2023 considering that my contribution is on the maximum range?
    There was gap of my SSS contributions for 4 months in year 2020 as I was not able to report for work due to company restrictions brought by the pandemic.
    I will retire by January 2024 at age 60.
    To get my last 60 months contribution, is the gap of 4 months included in counting of 60 months? Does it mean that my Average Monthly Salary Credit for 60 months will become lesser due to 4 months gap of contribution? (total of 56 months with contribution and 4 months with zero (0) contribution)
    Looking forward for your reply.

    Thank you and stay safe.

    1. Hi, Janiel! The maximum MSC for the computation of benefits is still pegged at 20,000. WISP is just an additional benefit you get upon retirement. As to answer your other question, as of the latest, CYS is computed as number of contribution divided by 12. So gap will not be included in getting your AMSC. I hope it helped.

      1. Hi Sir, just want to ask lang po how much po my pension if ganito po scenarios?

        Scenario 1: 10 yrs with a contribution for 20k MSC
        Scenario 2: 12 yrs with contribution but 10 yrs for 20k MSC and 2yrs for 2k as MSC.

        Thanks in advance.

  4. Hello Sir,
    i am 57 yrs old po if magretire na po ako sa 60 yrs old at 400 months na po yun contribution ko atleast 20,000 po yun MSC ko mga magkano po yun pension ko?

  5. Good day Sir!

    Yung LOLO ko 82 years old na. Hanggang ngayon hindi pa siya nakapagpension kasi Dual yung SSS number niya. Sa ngayon nakapagfile na din po kami nang Cancellation last week lang po. Upon checking SSS niya meron siyang 139 months contribution. magkano kaya ang retieremnt na mataggap niya at magkano ang monthly pension niya?

    Maraming salamt po and GOD Bless

  6. Hi Sir,

    Regarding don sa formula number 1,

    “Notice the 2% addition to your pension for every CYS when you surpass the 10 years mark”

    For example in the year 2025, the MSC will become 35k, I’m an OFW so I will be paying 5250 (15% * 35k). in order to have 1 CYS, I need to pay annually 5250×12=63K annually, but in return, I will only receive an additional 700 (2%*35K) on my monthly pension. I’m 49 years old and have already contributed 144 months, I’m planning to stop contributing for 5 years and continue on my 54th year.

    In summary, in order to get 1 CYS, I need to pay 15% of MSC and then earn 2% in return, my question is it worth contributing for 10 years?

    Thanks for all the replies!

    1. Thank you for patronizing our blog!

      Btw, even when the MSC increased, the maximum MSC for the computation of pension is still pegged at 20k.

      Anything you pay more than that is invested in WISP. It’s like a pooled investment thing like UITF/mutual fund. At your retirement, get your WISP in full and your regular pension.

      1. Hi Federico! What if naka pag hulog ako sa isang taon ng 4 months lang. Hindi po ba ma-cover yun? Need talaga ng not less than 6 months a year? Hindi po ba masasayang yung contribution ko na 4 months? Please in lighthen me .thank you and God bless.

  7. This year inangat nila ang contribution almost doble na.

    Isang malaking scam tong SSS. knowing nagbabayad ka ng “insurance” pero in the end di mo maeenjoy kinita mo. Sa halip na magamit mo ngayon, habang mura pa ang bilihin, nasa kanila at hindi mo makukuha. #ripPH #ScammerSSS

  8. Sana ang retirement ng SSS is at the age of 55 kc marami ng namamatay before reaching 60 hindi nila naeenjoy ang kanilang contribution.

  9. Hi Sir,

    Salamat po sa pagbigay linaw sa tanong ko about MP2 maturity.

    May tanong lang po ako about sa pension, na compute ko na po un pension ko gamit ung explanation niyo and nag arrive ako sa 9000 monthly. Ito po ung tanong ko

    1. Halimbawa po ay na dedo ako edi un asawa ko ang magtutuloy tanong ko lang kung 9000 pa din ba monthly ang matatanggap niya?
    2. Hanggang kelan po siya makakatanggap ng pension?
    3. Paano po kung siya din eh mawala titigil na po ba un pension

  10. Hello Sir. I am 48 years old and paying the minimum contribution for now. I will be retiring (60 yo) in July 2034. Kelan po ba ako mag start ng maximimum contribution (20k) para makakuha ng 9k na pension? I heard 6 months before mag 55 yo ay mag maximize na. Tama po ba? Maraming salamat po in advance.


  12. I retired at the age of 60 and claimed my retirement benefit
    Date Filed : 02-10-2022
    Approval Date : 02-15-2022
    Pension Start Date : 07-14-2021
    when will I receive my monthly pension?

  13. hello.pos.sir pls magkano pension ko kapag ang hulog ko ay ganito
    120 months po. conti
    ribution.ko ..slamat
    magkano maging.pension.ko po pls

  14. Hello po Sir,,,Magandang Araw po,,,Sorry po medyo mahina ako sa Math gusto ko lang po tanungin sa maging monthly pension ko..On May 20, po ay 60 years na ako…naka contribute po ako ng 251 months,,,,eh pwede po ba makisuyo magkano po kaya ang monthly pension ko,,,Salamat po . God Bless po sa lahat

  15. Hi Federico,

    Thank you for the informative piece, it was clear and not too long to read.
    Considering that formulas 1 and 3 both uses the AMSC which is based on just the last 5 years of contribution before pension, where does the Total contribution matter?

    Im still far from retirement, yet the 3 formulas dont encourage me to pay a higher contribution because it seems only the last 60 contributions would take play.

    Ive read that the death benefit that is given to the secondary beneficiaries will be matched by the total contributions given by the member. Where else is this total important?

    Thank you po!

  16. Hello, ask ko lang po regarding Monthly pension and Lumpsum.
    My mom got her retirement claim of P16,823. She has 155 total contribution. Base sa claim information, Number of Monthly Pension Paid: 6. Makakareceive pa po ba si mother ng pension after 6mons? or eto na yung Total lumpsum? pero naka 155 contributions naman sya. Thank you po sa pag sagot.

  17. Hello
    I am an OFW at gusto ko imaximize ung contribution ko para malaki din ang makukuha kong contribution. What if po 3k ang monthly contribution for 120 months or so, magkano po kaya yun (benefit) na makukuha pag magpepensin na pagdating ng 60 yrs old or after 10 years or so na pagcontribute?

  18. Good evening. My SSS contribution is only 4.83333 years and GSIS Period with Paid Premium (PPP) is only 6.5833 years for a combined total of 11.41666 years of creditable service. Because of RA 7699 or the Portability Law, I will qualify for SSS pension because I already exceeded the 10 years requirement. How do I apply?
    Thank you and God bless.

  19. Hi Federico
    Matagal ko ng gustong malaman kung magkano ang pension na tatanggapin ko.
    I stopped contributing my monthly SSS premium last 1984, then suddenly I decided to finish my 120 months just to be able for me to have a bit of a pension. On November 2021 matatapos ang 120months ko. So in all I have contributed P17.256 for 120 months. EXACT no sobrang months dahil 65yo na ako at gusto kong maenjoy ang magiging pension ko.  
    With that amount, magkano ang magiging monthly pension ko. NO Loan to be considered. Clear iyan.

    Noong 2019 I found out kulang ako ng 20 months so itinuloy ko ang hulog. for 9 months naghulog ako ng P600 then nitong January 2021 ginawa nilang P650/month… at ito ang magiging huling hulog ko dahil gusto ko lang makumpleto ang 120 months at luckily pumayag sila na iadvance ko ang hulog so bayad na ako para sa 120/months… at according sa record na nakuha ko from SSS website, aabot sa P17,256 lahat ang magiging contribution ko by November 2021.

    Sana matulungan mo ako, gusto kong kuwentahin by myself kaya lang nahihilo akong intindihin at kung paano ko ia apply sa formula ang mga figures na hawak ko.

    Maraming salamat Federico.

  20. Good day!
    Halimbawa po: nagbabayad po ako ng 2,145.00 a month for 120 months..magkano po magiging pension ko kapg 60y/o na po ako monthly? Kapag po ba itinuloy ko ng payment for another 120 months @ 2,145.00 monthly, magiging doble po ba ung matatanggap ko na monthly pagdating ko ng 60y/o? Salamat

    1. Hi Joel. Based on the formulas, the pension will not be doubled. If you want, you may calculate it using the formulas above. It’s fairly easy to follow, plus you can also play with different scenarios in your mind. Thanks 🙂

  21. Sir,
    Ask ko lang po self employed po ako at patigil tigil po ang paghuhulog ko kasi po la naman stable na pinagkikitaan . My last contributioin is Feb. 2012 amounting P312.00 with total number of contribution of 104. Nag 55 years old po ako noong Aug.15, 2020. Gusto ko po sana na ituloy ngayong Jan. 2021 amounting Php 2695.00. Ask ko lang mag kano kya pension ko pag 60 years old na ko kasi di ko ma me meet ung at least 60 contribution kasi 55 contribution lang po.

      1. Good day po! Pahelp po. MUST po ito.
        Yung mister ko po nagbukas ng SSS noong 2002. Simula po nung nagbukas siya,lumipas ang ilang dekada, di po siya nakapag contribute. Ngayon po na OFW sya, nagstart na po kaming magcontribute nitong Dec 2020 hanggang ngayon. Kukumpletuhin po namin ang 120 months na contribution kahit lumampas pa siya sa edad na 60. Please enlighten us po, do you suggest na magtuloy pa rin po kami ng pagcontribute? Paano po kayang maapektuhan ang pension/benefit nya if magclaim na po siya ng benefit? Tapos po gusto ko po malaman magkano na po ang maximum na contribution ngayon kac may 3k na daw po, magkano po kaya ang benefit na makukuha sa 3k na contribute after 120 months? Lastly, pede pa po kaya namin bayaran ung ilang taong hindi namin nabayaran noon? Like 2020 and downwards? I mean paatras po ang pagbayad, babalikan po namin ang mga taon dati na di nabayaran, pede po kaya yun?

    1. Hi po , P3,500 monthly pension ng tatay ko Nung nabubuhay pa, magkano naman po ang death at funeral benefits niya ?? T.y. po

      1. Hi Cathy. Yung funeral benefit ranges from 20k to 40k and anyone can claim it basta siya yung nagbayad ng funeral service. If yung mother mo ay buhay pa, siya yung magreresume ng pension. But to be sure, you have to go to an SSS branch to have it computed for you. And also, you can check who is/are eligible to claim for the death benefit.

        1. Hello po ask ko lang po kung makakatanggap ng pension yung tatay ko kahit 60 months lang siya nakahulog sa sss.

  22. Hi, I have questions. I have total numbers of 159 contributions as of this time. I Can still pay the lower contribution for succeeding years and can jump to higher contribution (salary 20K) for the remaining 5 years before retirement, its okay right? I’ll be getting higher (exp 17K) for my monthly pension?
    for your assistance.

    1. Hi Ayan. I do not know. Some info is missing. However, as I always say, this blog is created to educate about personal finance. And part of personal finance is to learn how to do calculations. It’s straightforward to follow, so I don’t think you’ll get lost. Thanks 🙂

  23. Thank you for this. So is it correct to say that I can pay the minimum contribution for 7 mos (counted as 1 yr) until I reach 55. And then 56-60 years old, I’ll pay max contribution (still 7 mos only) for the AMSC computation?

    1. Hi Roan. You are most welcome 🙂 However, you may also check that while it will be counted as 1 CYS, your AMSC is still based on the last 60 contributions. So that’s about 8.5yrs compared to 5 years when you pay all the months. it is just my 2 cents. Thanks 🙂

  24. I had contributed 110 months in 1998. I stopped paying my SSS because of my work abroad.. now, I’m 52, I resumed paying again with the maximum premium (30,000 SALARY ) and paid more than 120 months already. If I will not continue paying my monthly premium for the succeeding months/year when I reach 60 years old, what will be the basis of my pension computation?

  25. Ask ko lang. nag-avail ako ng early retirement sa company na pinasukan ko. Iam 56 years old at ang huling sahod ko ay P27,000. Balak ko sana mag-stop contribution na kahit naka 362 contributions na ako. D ko na kasi kaya voluntary maghulog ng 2,400/month hanggang ma-reach ko ang age 60. Unemployed ako ngayon at kulang pa pang maintenance ko sa gamot ang nakuha kong separation pay sa company na pinagtrabahuan ko. Ang magiging basis ba ng AMSC ko ay ang 60 contibutions ko from 2015 hanggang 2020.

      1. Hello po I paid 210 total of contributions latest payment done this year 2600 I’m 50 yrs old na OFW is it worth paying til I’m 60? Like you said last 5 yrs ang pension e calculate?

  26. hi!

    Question sir. My mother have 138 contributions udner 12 yrs of csv. She is 56 now. Im projecting her retirement pay at 60 but since nasa 360 monthly lang ung voluntary contri niya, the max we can get is 1200 monthly pension (regardless if ituloy or namin or hindi yung monthly bayad na 360 until maka age 60 siya). Im planning to stop paying for that and just wait na mag 60 siya 4 yrs from now. We are still entitled naman po for a pension right even if we will not contribute na for the enxt 4 yrs?

    Just trying to max out our money now. We can invest it soemwhere else kasi wala na rin nmn halos itataas dito.. or very minimal lang..

    Thanks in advance po

    1. Hi sir..ask lng po ako,56yrs old na po,still working at ang monthy hulog ko sa sss po ay 1040php 340 months contribution na po,how much po kaya ang monthly pension ko sir?thanks po sa sagot….

  27. Hi po, nag start ako maghulog sa sss ko nung 2018 ng 880 montly, 2019-2020 960 monthly. balak kong gawin 1800 na monthly ang contribution ko from now hanggang mag 120 months na hulog ko. then i stop ko na. magkno kaya magiging pension ko.

    Thank you 🙂

    1. Hi Arlene. Kung plano mo na tapusin lang ang 120 contributions, nasa 40% ng AMSC plus Php 1,000 yung magiging pension mo. Keep in mind lang na it is just an estimate. Malayo at marami pang taon ang lilipas kung kaya’t madami pa ang pwedeng magbago sa computation ng SSS 🙂

  28. Hi,I would like to ask if after 10 years ill stop my contribution then withdraw is that possible xe wr moving to other country and i guess ill just open other retiremnt plan etc xe konti lng makukuha pla ng pension sa pinas eh laki binabyaran a month ty

    1. Exactly Ray! That’s why we must really take retirement seriously. Imagine, after years of hard work, the pension you will be getting may not be enough to cover your daily expenses. It is why most retirees chose to either go back working or rely on the acts of mercy of their relatives.

      So while now, we are still young and healthy or in full capacity, we must do something for the future. Thanks 🙂

  29. Hello Sir,
    Thank you for the computation you presented.
    I would like to ask when will they use Computation 1, 2 and 3.
    I cant understand why retirement is computed using computation 1
    or 2 or 3.
    please apprise me
    Thank you very much.


    1. Hi Judy. It is used to ensure a minimum benefit and also to give better benefits to those who will pay more than the minimum required premium and credited years of service. You have to use the 3 formulas whenever you are computing for your retirement benefits. Whichever gives the highest amount will be your retirement benefit. Thanks 🙂

  30. Hi Federico, thanks for this very informative blog.. I learned a lot from here..

    I just wanna confirm something.. So as of the moment, I’ve got a total of 8yrs contribution with SSS having worked in various companies before, where my first 5 years got me an average monthly salary of 10k only while for my last 3yrs was 16k.. I resigned from my employment and have done some freelancing where salary is not that stable. Long story short, I stopped paying my SSS for 3 years now.. I have learned about the option of having a minimum of 10years sss contribution and I’m planning to just add 2 more years to my existing 8 years.. Now I learned here that they are going to consider the last 5years of my contribution in calculating pension when I get 60yrs old… So I was thinking to just pay the maximum 2400 monthly contribution (for 20k salary) for 2years as a voluntary member just to complete my 10years contribution then stop there. If I will do this, are they going to take into account my 3yrs of 16k salary + 2 years of 20k salary to get my AMSC even if there was a gap in between?

      1. @Jen. Yes to get the AMSC, they’ll just get the average of your Monthly Salary based on your last 5 years of service. So be sure to pay the highest Contribution before your retire! 🙂

  31. Hi po Mr Federico
    Tanong q lang po pwede q pa po ba bayaran ng sss contri ang nanay q kahit 56yrs old npo mags start palang po thank you po

      1. Tanong Lang po.dati dito ako sa pinas nag trabaho sa isang company’s ,tumigil Ang hulog ko dahil nag close ,,9 years na ako nag hulog ,,,at ako nag abroad ,ofw ,,upang matuloy ang hulog ko ,,sa ngayon nasa 120 month na ako ..Ang hulog ko buwan buwan ay 1,760 , at sa ngayon ay sa 61 years na ako ..magkano po ba matatangap ko ..

  32. Hello Federico, What is being used in computing the AMSC? Is it considering only the monthly contributions made during the last 5 years prior to retirement, even if contributions made was less than 60 months or is it considering the last 60 months or 5 years worth of contributions, assuming one’s contribution is on and off.

    Thank you.

      1. Hello po, Thank you so much for you time and response. This site is very helpful to us. I have more than 120 months of contributions, but lately I am not able to contribute regularly on a monthly basis. I am contributing as a voluntary member.

        Thank you,

        1. In this case, will they base the AMSC on the number of contributions for the last 5 years or on the last 60 monthly contributions prior to retirement?

          I would appreciate your thought on this.
          Thank you.

          1. It’s my pleasure. To answer your question, AMSC is based on your last 5 years of contribution. A credited year of service is a year wherein you contributed at least 6 months. I hope it helped you. Thanks 🙂

  33. Hello Engineer,
    I am 27 yo now and voluntary paying my sss premiums. When I worked in a corporate company (2 1/2 years), my premiums were at maximum. I got unemployed after I had my first child. I am now freelancing and have started to pay my sss premiums voluntarily. I’m glad to have seen this post which was really well explained and very informative. I am actually after the pension amount. Is it okay to pay the minimum premiums for now just to achieve & sustain paying the more than 120 years of eligibility? Though I planned to pay more years than that, say until I turned 55 or 60. Say I sustained paying the minimum premiums for 20+ years. And then 5 years before I planned to retire, I will jump to the maximum bracket and pay the maximum premiums to avail the maximum pension I can get (given that I am still below age 55 to be able to jump ). Is my understanding, correct?

    Let me know if this is doable. 🙂 Thanks for your time!

    1. Hi Dee. If you are after the pension then I think that is a great way to maximize it. However, if you do that then other benefits will be lowered like maternity benefit, accidental benefit, etc. Thanks 🙂

  34. Tanong lang Federico, halimbawa if yung AMSC for the past 15 years is 20000 , then im working with other company but my AMSC is drop to 12000 . Magkano ba ang estimated na pension ang matatanggap ko when im retired . Is this still base on the last 5 years? or the SSS is not allowed to drop yung monthly contribution if nasa maximum ka na . Thanks boss !

  35. Dear Sir Federico,

    Here is my contribution for SSS, Age 20 Monthly salary credit (MSC) is 1300 , Age 21- age 26 , MSC is 5000 , Age 27-Age 55 stop contribution, if Age 56-61 continue as voluntary by using 20,000 monthly salary credit , how much will be the monthly pension after Age 61 ? Thank you

    1. Hi Emily. Is this something you plan to do? Your pension will fall on the 40% of your MSC based on the last 5 years. If we will be basing this in the future then it will change considering MSC will go up. But regardless of the change it will still be pegged at 40% of MSC if you will be paying for 10 years only. Thanks 🙂

  36. Hi. I started contributing to the SSS last June, 2017, OFW status, and always the highest MSC. My bday is March, 1962. If I continue paying until I complete 10 years of contribution even after 65 y/o, how much pension, if I qualify at all, do I get? Thanks.

  37. Hi Mr.Suan,

    Nagstart ang SSS contribution ko ng 2009 (Feb-July) then stop work ako.
    Resume work year 2010 (June) – 2012 (Jan)
    Naging OFW nung 2012 (Feb) hindi ako nakapaghulog for 22months. nagstart lang ako ng voluntary contribution nung 2014 (Jan)
    Ang Credited Year of Service (CYS) ba is pinakasimula nung nag SSS contribution despite may mga lapses sa paghulog?

  38. Hi Federico. If I met the 20 CYS, my AMSC is P5k but for my first 5 years of work my AMSC is P9k, will those earlier contributions count or only my AMSC for the latest 10 years, as per formula 1 (CYS-10) connotes?

  39. Gud am sir ilan po ba ang pensyon if matatapos ko na sa may 2020 ang hulog ko na 550 for the past 10yrs. at mag start ako sa 2022?

  40. Maganda araw Federico!

    Sir mayroon po akong online account sa SSS same po kami ni misis. Yung bang Stimulated Computation Retirement (not sure kung yun ba ang term niya don kasi ang SSS hanggang ngaun) na nagbibigay ng estimated na pension mo pag naging 60 years old at 65 years old kana ay tama po ba? So kung tuloy tuloy lang ang contribution namin na php2,400 (unless mag taas ulit ang contribution sa SSS sa maximum amount pa rin kami) until ma reach namin ang 60 years old kung ano man ang lumalabas sa computation ng Stimulated Computation Retirement eh yun na po ba or malapit sa katotohanan?

    Salamat po!

    1. Hi Jonathan. Medyo malapit naman sa katotohanan yung stimulated computation nila. Magkakatalo lang sa part na paibaba yung contribution mo sa loob ng 5 years dahil di ito kasama sa estimator nila. Pero kung more than 10 years pa naman bago kayo mag-retire then most likely dikit yung estimate nila provided na naka max ka at same amount yung contributions mo sa last 5 years. Salamat 🙂

  41. Hi good morning tanong ko lang po mag kano po makuku kong pension if nakapag contributions po ako ng 17 years..
    At gusto ko po sana na i take all nalang lahat mag kano po

    1. Hi Antonio. This is from what I know, you are not allowed to that. However, you may advance the first 18 months as lump sum of your pension. Not unless you decided to migrate to another country. Thanks 🙂

  42. hi. matagal na akong hindi nakahulog sa sss ko. isa akong ofw. mag 50yrs old na ako next month. gusto ko sanang ituloy ang contribution ko. sa amount na 1,200 monthly till mag retired ako. plan ko pa mag work as ofw till 60-62 if God is willing. possible ko bang maipagpatuloy ang contribution ko with my planned amount monthly. at kung possible pa ,pede mo ba akong tulungan pano i calculate ang magiging pension ko. hindi ko kase tlga makuha pano kwentahin. salamat kabayan.

  43. My contribution is 199,313 I am an OFW (seaman) I have 150 months of contribution can you kindly compute my retirement pension thanks.

    1. Hi Redentor. I think I cannot help you with your concern. As total contribution is not used in any formula to compute SSS pension. If you happen to know your AMSC from the last 5 years then you may use the 3rd formula. Thanks 🙂

      1. Hi Federico. Ask ko lng po sna nagstart sa sss 2009 ako po ay 12years na sa sss contibution,ung agency pa po ako maliit palang ang hulog then after 2012 naregular na po ako at tumaas ng tumaas 2400 ang monthly contribution ko nitong april 2019 so panu po sya ico2mpute? then now nman po ang monthly salary 19k na po sya panu sya icompute?

  44. Hi Sir good day! Ask ko lang po, I’m 58 y.o. now and planning to retire @ the age of 60. SSS member ako at naghuhulog since 1979 pero meron year i think mga 8 years ako na stop sa hulog and now i am employed and presently contributing 2400 php a month. Mga magkano estimated pension ko monthly if i will retire @ 60 option 1, 65 years old Option 2. Thanks…

    1. Hi Ely. In your case, formul1 #1 will give the highest pension. If you plan to retire at age 60 with 35 CYS your pension will approximately be Php 14,300. If ever you decided to retire at age 65 it will be Php 16,300.

      Please also note that these are just approximation and actual value will depend on the actual contribution paid. I did not also account your previous MSC and the future changes in contribution schedule.

      I hope it helped you. Thank you 🙂

  45. I am an ofw, paying P2400 monthly contribution, now has a total of 189 contributions. started contributing 1991 till 2001 (employment in the philippines), stopped may 2001 till 2011 (being ofw), resumed paying since 2012. Will the 10 years (2001-2011) of not contributing affect the computation of my retirement? will retire in 11 years (60 years old), how much will my monthly pension be? thanks

    1. Hi Geraldine. Yes, it has an indirect effect considering the number of years you missed paying the contribution. Since credited years of service is affected, formula #1 will give you almost the same value as the formula #3. Thus, the only way to increase your pension is not on how long you are going to pay but the average of your last 5 years of contribution. Thanks 🙂

  46. hi sir ask ko lng how much makukuha naming sa death claim ng momy ko.7,200 monthly ung pension nya bale naka lumpsum sya ng 18months then after nyan start sya ng pension uli nung dec 2018.namatay sya march 18 2019 so ung total na nareceive nya na pension nya is 21 months only.ung remaining 39months po ba na pension nya na 7k monthly makukuha naming ng buo.kami na lng ng kapatid ko ang beneficiary nya wala na father,lolo at lola ko.thank you

    1. Hi Mary Grace. Meron pa bang minor sa inyo naka depend sa mommy niyo? Or Buhay pa si Daddy? If yes, magtutuloy lang ang pension. Kung wala na, tigil na din yung pension. Salamat 🙂

  47. Good day sir.
    I’m an ofw,38 years old and I’m paying P2,400 monthly contribution.How much pension shall I get?