"Up to 20,000 o katumbas po ito ng one month salary credit. Halimbawa, ang isang miyembro ay naghuhulog ng para sa P20,000 monthly salary credit, makakakuha po siya ng ganung halaga,” pahayag ni SSS Public Affairs and Special Events Division head Fernando Nicolas tungkol sa maaaring makuhang cash benefit ng isang contributing member ng SSS na nawalan ng trabaho.
SEE MORE:
SSS Pension Loan Para sa mga Pensyonado up to Php 200K
Magkano ang Matatanggap Mong SSS Pensyon Base sa Iyong Kontribusyon
Inaasahan na ng Social Security System na dadami ang mga aplikante para sa unemployment benefit, kasabay ng pagdami ng mga negosyong nagsasara o nagbabawas ng tauhan dahil sa lockdown. Panoorin ang video.
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Pahayag ni SSS VP Fernan Nicolas sa GMA Network Unang Hirit: “Up to 20,000 o katumbas po ito ng one month salary credit. Halimbawa, ang isang miyembro ay naghuhulog ng para sa P20,000 monthly salary credit, makakakuha po siya ng ganung halaga. Ang kailangan lang nilang i-present ay ‘yung certification galing sa DOLE na sila ay involuntarily separated. Tapos i-present nila ‘yung savings account kung saan natin ide-deposit."
Ang unemployment benefit ay matatanggap sa loob ng 5 days hanggang 7 days basta may ATM o cash card na binigay ang aplikante para doon magcrecredit ang cash aid. Ang pera ay hahatiin at matatanggap sa loob ng dalawang buwan. Ang mga miyembro na nawalan ng trabaho ngunit nakatanggap ng benepisyo mula sa mga ahensiyang namimigay ng cash assistance ay pwede pa ring mag-apply. Itong benepisyo ay galing mismo sa SSS at hindi sa gobyerno.
Paano nga ba ang proseso ng pag aaply ng SSS Unemployment Benefit?
Tanong: Ano ang Unemployment Benefit?
Sagot:
Ito ay isang cash benefit na ibinibigay sa lahat ng empleyado, kabilang ang mga Kasambahay at Overseas Filipino Workers (land based at sea based), sapilitang nawalan ng trabaho.
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Base sa official website ng Social Security System, narito ang mga listahan ng mga maaaring mag-apply sa SSS Unemployment Benefit:
- Hindi lalampas sa edad na 60 years old na natanggal sa trabaho
- Nakapagbayad ng hindi bababa sa 36 monthly contributions (3 years)
- Mga hindi nakatanggap ng kahit anong employment benefit sa loob ng tatlong taon mula sa buwan ng nawalan ng trabaho
- Mga trabahador na nawalan ng trabaho sa kadahilanan ng pagbaba ng ekonomiya, pandemya, kalamidad o sakuna.
- Mga trabahador na nawalan ng trabaho base sa kanilang sitwasyon ay maaari ring mag apply ngunit magbabase ito sa assessment at desisyon ng Department of Labor and Employment (DOLE).
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Mga dokumento,hakbang at kung saan dapat isumite sa pag-pa file ng benepisyo:
1. Original at photocopy ng isa (1) sa mga sumusunod na primary ID cards/documents
· UMID (SSS/GSIS)
· SSS Card
· Alien Certificate of Registration
· Driver’s License
· Firearm Registration
· License to Own and Possess Firearms
· NBI Clearance
· Passport
· Permit to Carry Firearms Outside of Residence
· Postal Identity Card
· Seafarer’s Identification and Record Book; or
· Voter’s ID Card
2. Sertipikasyon na nagpapatunay ng uri at petsa ng sapilitang pagkakatanggal sa trabaho mula sa DOLE kasama ang alinman sa sumusunod :
· Notice of Termination mula sa Employer
· Affidavit of Termination of Employment
3. Narito sa mga sumusunod kung saan maaaring mag file ng application para sa DOLE certification
· DOLE Field o Provincal Office kung saan nakabase ang kompanya
· POLO kung saan ng o operate ang kanilang employer o DOLE Field o Provincial Office kung saan naninirahan ang OFW, para sa mga OFW.
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SEE MORE:
P20,000 SSS CALAMITY LOAN ASSISTANCE PROGRAM (CLAP)
SSS Pension Loan Para sa mga Pensyonado up to Php 200K
7 MABILIS NA PARAAN PARA MAKONTAK ANG SSS
Magkano ang Matatanggap Mong SSS Pensyon Base sa Iyong Kontribusyon
Pag-IBIG Fund Target Mairelease ang Cash Loan in 20 Days
©2020 THOUGHTSKOTO
![As an SSS member, do you any idea how much you will get after many years of religiously paying your contributions? We will give an idea on how SSS monthly pension is computed. The monthly pension computation is based on this formulas and whichever the higher value may be, that will be the amount of your monthly pension. A) 300 + (20% x AMSC*) + (2% x AMSC) x (CYS** – 10) B) 40% x AMSC; C) The minimum pension of P1,200, if with at least 10 CYS; or P2,400, if with at least 20 CYS, whichever is applicable. *AMSC (Average Monthly Salary Credit) ** CYS (Credited Years of Service) Using three computations above, assuming the case of someone who contributed for 25 years based on the AMSC of P16,000. Using the first formula, we have P300 + 20 percent (16,000) + [2 percent (16,000) x (25-10)]=P300 + P3,200 + [320 x15]=P8,300. The basic pension amount in this case is P8,300. The second formula, which is 40 percent of the AMSC, will be 40 percent of P16,000=P6,400. Applying the third formula would yield P2,400 as the basic pension. Since the law provides that the highest amount shall be granted as the pension, this means that the basic pension shall be P8,300. Sponsored Links For example, the cases of Juan and Pedro. Juan has a monthly salary credit of P1,000 (the lowest salary level subject to the SSS contribution) and contributes to SSS based on this salary for 25 years, while Pedro has a monthly salary credit of P16,000 (the maximum salary as of to-date) and also contributes for 25 years. Juan’s monthly contribution of P110 would total P33,000 after 25 years of contribution to the SSS, while Pedro, whose monthly contribution of P1,7650, would sum up to P528,000 after 25 years. If they both file for retirement pension at the same time and receive pensions for 25 years, Juan, whose pension will amount to P2,400 per month, would have received a total of P780,000, while Pedro, whose monthly pension is P8,300, would have received P2,699,500 after 25 years. If they both pass away their pensions will cross over to their spouses as their primary beneficiaries. Now that you have an idea how much you will be received in case you will retire, it is in your hands how much would you like to contribute for your retirement. The bigger your contribution, the bigger pension you will get once you retired. Read More: Popular Pinoy Stores In Canada 10 Reasons Why Filipinos Love Canada Comparison Of Savings Account In The Philippines: Initial Deposit, Maintaining Balance And Interest Rates Per Annum Mortgage Loan: What You Need To Know Passport on Wheels (POW) of DFA Starts With 4 Buses To Process 2000 Applicants Daily Did You Apply for OFW ID and Did You Receive This Email? Jobs Abroad Bound For Korea For As Much As P60k Salary Command Center For OFWs To Be Established Soon ©2018 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEikAGnqhx2i_8czDVf6yX9TpZKTD7IweRBqjTFheQGaqas5kiEdsgOcZnor1UJQ49AhDsvXE6O-dKDNQ6gU_LKdkpqs2o5RlE7VLIoiFsMo3AVy2Mp2qefylJpFblqLpVJXG0LEtA/s1600/%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523.png "SSS Monthly Pension Calculator Based On Monthly Donation")
![As an SSS member, do you any idea how much you will get after many years of religiously paying your contributions? We will give an idea on how SSS monthly pension is computed. The monthly pension computation is based on this formulas and whichever the higher value may be, that will be the amount of your monthly pension. A) 300 + (20% x AMSC*) + (2% x AMSC) x (CYS** – 10) B) 40% x AMSC; C) The minimum pension of P1,200, if with at least 10 CYS; or P2,400, if with at least 20 CYS, whichever is applicable. *AMSC (Average Monthly Salary Credit) ** CYS (Credited Years of Service) Using three computations above, assuming the case of someone who contributed for 25 years based on the AMSC of P16,000. Using the first formula, we have P300 + 20 percent (16,000) + [2 percent (16,000) x (25-10)]=P300 + P3,200 + [320 x15]=P8,300. The basic pension amount in this case is P8,300. The second formula, which is 40 percent of the AMSC, will be 40 percent of P16,000=P6,400. Applying the third formula would yield P2,400 as the basic pension. Since the law provides that the highest amount shall be granted as the pension, this means that the basic pension shall be P8,300. Sponsored Links For example, the cases of Juan and Pedro. Juan has a monthly salary credit of P1,000 (the lowest salary level subject to the SSS contribution) and contributes to SSS based on this salary for 25 years, while Pedro has a monthly salary credit of P16,000 (the maximum salary as of to-date) and also contributes for 25 years. Juan’s monthly contribution of P110 would total P33,000 after 25 years of contribution to the SSS, while Pedro, whose monthly contribution of P1,7650, would sum up to P528,000 after 25 years. If they both file for retirement pension at the same time and receive pensions for 25 years, Juan, whose pension will amount to P2,400 per month, would have received a total of P780,000, while Pedro, whose monthly pension is P8,300, would have received P2,699,500 after 25 years. If they both pass away their pensions will cross over to their spouses as their primary beneficiaries. Now that you have an idea how much you will be received in case you will retire, it is in your hands how much would you like to contribute for your retirement. The bigger your contribution, the bigger pension you will get once you retired. Read More: Popular Pinoy Stores In Canada 10 Reasons Why Filipinos Love Canada Comparison Of Savings Account In The Philippines: Initial Deposit, Maintaining Balance And Interest Rates Per Annum Mortgage Loan: What You Need To Know Passport on Wheels (POW) of DFA Starts With 4 Buses To Process 2000 Applicants Daily Did You Apply for OFW ID and Did You Receive This Email? Jobs Abroad Bound For Korea For As Much As P60k Salary Command Center For OFWs To Be Established Soon ©2018 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgEPUm7pQJRTz4RXrsSrJ7DHoY1gtOsQ4H0TRfo368i0Y-FnXgQJuDAe5T-t_fSgpKmdkmqu9PCrYd_HMJ3IJALQ6Es59rcCJspQClbmNChKc6i1micovUmL3Ku4dqMwN5Q7uPrmg/s1600/%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523.png "SSS Monthly Pension Calculator Based On Monthly Donation")
![As an SSS member, do you any idea how much you will get after many years of religiously paying your contributions? We will give an idea on how SSS monthly pension is computed. The monthly pension computation is based on this formulas and whichever the higher value may be, that will be the amount of your monthly pension. A) 300 + (20% x AMSC*) + (2% x AMSC) x (CYS** – 10) B) 40% x AMSC; C) The minimum pension of P1,200, if with at least 10 CYS; or P2,400, if with at least 20 CYS, whichever is applicable. *AMSC (Average Monthly Salary Credit) ** CYS (Credited Years of Service) Using three computations above, assuming the case of someone who contributed for 25 years based on the AMSC of P16,000. Using the first formula, we have P300 + 20 percent (16,000) + [2 percent (16,000) x (25-10)]=P300 + P3,200 + [320 x15]=P8,300. The basic pension amount in this case is P8,300. The second formula, which is 40 percent of the AMSC, will be 40 percent of P16,000=P6,400. Applying the third formula would yield P2,400 as the basic pension. Since the law provides that the highest amount shall be granted as the pension, this means that the basic pension shall be P8,300. Sponsored Links For example, the cases of Juan and Pedro. Juan has a monthly salary credit of P1,000 (the lowest salary level subject to the SSS contribution) and contributes to SSS based on this salary for 25 years, while Pedro has a monthly salary credit of P16,000 (the maximum salary as of to-date) and also contributes for 25 years. Juan’s monthly contribution of P110 would total P33,000 after 25 years of contribution to the SSS, while Pedro, whose monthly contribution of P1,7650, would sum up to P528,000 after 25 years. If they both file for retirement pension at the same time and receive pensions for 25 years, Juan, whose pension will amount to P2,400 per month, would have received a total of P780,000, while Pedro, whose monthly pension is P8,300, would have received P2,699,500 after 25 years. If they both pass away their pensions will cross over to their spouses as their primary beneficiaries. Now that you have an idea how much you will be received in case you will retire, it is in your hands how much would you like to contribute for your retirement. The bigger your contribution, the bigger pension you will get once you retired. Read More: Popular Pinoy Stores In Canada 10 Reasons Why Filipinos Love Canada Comparison Of Savings Account In The Philippines: Initial Deposit, Maintaining Balance And Interest Rates Per Annum Mortgage Loan: What You Need To Know Passport on Wheels (POW) of DFA Starts With 4 Buses To Process 2000 Applicants Daily Did You Apply for OFW ID and Did You Receive This Email? Jobs Abroad Bound For Korea For As Much As P60k Salary Command Center For OFWs To Be Established Soon ©2018 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZ2yOVPLfYv-uPBjkB6YOXb0f-_YpbHDAVIVFMxhkF_x8OAbnQtXCubHlyxgOvbQaB6-DCPFyY7x3Rv-1vJKUPVr6rIzyVYqkqUy7XmW2Pwt3WOiaVzEY-EPD_p9DUx8mCbAEgAg/s1600/%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523.png "SSS Monthly Pension Calculator Based On Monthly Donation")
![As an SSS member, do you any idea how much you will get after many years of religiously paying your contributions? We will give an idea on how SSS monthly pension is computed. The monthly pension computation is based on this formulas and whichever the higher value may be, that will be the amount of your monthly pension. A) 300 + (20% x AMSC*) + (2% x AMSC) x (CYS** – 10) B) 40% x AMSC; C) The minimum pension of P1,200, if with at least 10 CYS; or P2,400, if with at least 20 CYS, whichever is applicable. *AMSC (Average Monthly Salary Credit) ** CYS (Credited Years of Service) Using three computations above, assuming the case of someone who contributed for 25 years based on the AMSC of P16,000. Using the first formula, we have P300 + 20 percent (16,000) + [2 percent (16,000) x (25-10)]=P300 + P3,200 + [320 x15]=P8,300. The basic pension amount in this case is P8,300. The second formula, which is 40 percent of the AMSC, will be 40 percent of P16,000=P6,400. Applying the third formula would yield P2,400 as the basic pension. Since the law provides that the highest amount shall be granted as the pension, this means that the basic pension shall be P8,300. Sponsored Links For example, the cases of Juan and Pedro. Juan has a monthly salary credit of P1,000 (the lowest salary level subject to the SSS contribution) and contributes to SSS based on this salary for 25 years, while Pedro has a monthly salary credit of P16,000 (the maximum salary as of to-date) and also contributes for 25 years. Juan’s monthly contribution of P110 would total P33,000 after 25 years of contribution to the SSS, while Pedro, whose monthly contribution of P1,7650, would sum up to P528,000 after 25 years. If they both file for retirement pension at the same time and receive pensions for 25 years, Juan, whose pension will amount to P2,400 per month, would have received a total of P780,000, while Pedro, whose monthly pension is P8,300, would have received P2,699,500 after 25 years. If they both pass away their pensions will cross over to their spouses as their primary beneficiaries. Now that you have an idea how much you will be received in case you will retire, it is in your hands how much would you like to contribute for your retirement. The bigger your contribution, the bigger pension you will get once you retired. Read More: Popular Pinoy Stores In Canada 10 Reasons Why Filipinos Love Canada Comparison Of Savings Account In The Philippines: Initial Deposit, Maintaining Balance And Interest Rates Per Annum Mortgage Loan: What You Need To Know Passport on Wheels (POW) of DFA Starts With 4 Buses To Process 2000 Applicants Daily Did You Apply for OFW ID and Did You Receive This Email? Jobs Abroad Bound For Korea For As Much As P60k Salary Command Center For OFWs To Be Established Soon ©2018 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1y0cVzATnnz0qCp71fjB-btbeDicBufgDgqBZBeYv1yLf1QMEzISMKKTbEmYLHsFau-hWaeD6X-UCE4w4w6LDEJgyputLunZbp7qJJBNmEfuZMFwas0Rrl-tVjRN2cgrtGd1VbQ/s1600/%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523.png "SSS Monthly Pension Calculator Based On Monthly Donation")
![As an SSS member, do you any idea how much you will get after many years of religiously paying your contributions? We will give an idea on how SSS monthly pension is computed. The monthly pension computation is based on this formulas and whichever the higher value may be, that will be the amount of your monthly pension. A) 300 + (20% x AMSC*) + (2% x AMSC) x (CYS** – 10) B) 40% x AMSC; C) The minimum pension of P1,200, if with at least 10 CYS; or P2,400, if with at least 20 CYS, whichever is applicable. *AMSC (Average Monthly Salary Credit) ** CYS (Credited Years of Service) Using three computations above, assuming the case of someone who contributed for 25 years based on the AMSC of P16,000. Using the first formula, we have P300 + 20 percent (16,000) + [2 percent (16,000) x (25-10)]=P300 + P3,200 + [320 x15]=P8,300. The basic pension amount in this case is P8,300. The second formula, which is 40 percent of the AMSC, will be 40 percent of P16,000=P6,400. Applying the third formula would yield P2,400 as the basic pension. Since the law provides that the highest amount shall be granted as the pension, this means that the basic pension shall be P8,300. Sponsored Links For example, the cases of Juan and Pedro. Juan has a monthly salary credit of P1,000 (the lowest salary level subject to the SSS contribution) and contributes to SSS based on this salary for 25 years, while Pedro has a monthly salary credit of P16,000 (the maximum salary as of to-date) and also contributes for 25 years. Juan’s monthly contribution of P110 would total P33,000 after 25 years of contribution to the SSS, while Pedro, whose monthly contribution of P1,7650, would sum up to P528,000 after 25 years. If they both file for retirement pension at the same time and receive pensions for 25 years, Juan, whose pension will amount to P2,400 per month, would have received a total of P780,000, while Pedro, whose monthly pension is P8,300, would have received P2,699,500 after 25 years. If they both pass away their pensions will cross over to their spouses as their primary beneficiaries. Now that you have an idea how much you will be received in case you will retire, it is in your hands how much would you like to contribute for your retirement. The bigger your contribution, the bigger pension you will get once you retired. Read More: Popular Pinoy Stores In Canada 10 Reasons Why Filipinos Love Canada Comparison Of Savings Account In The Philippines: Initial Deposit, Maintaining Balance And Interest Rates Per Annum Mortgage Loan: What You Need To Know Passport on Wheels (POW) of DFA Starts With 4 Buses To Process 2000 Applicants Daily Did You Apply for OFW ID and Did You Receive This Email? Jobs Abroad Bound For Korea For As Much As P60k Salary Command Center For OFWs To Be Established Soon ©2018 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgkP0oMpRaB6k8bGi7nOhbAxHkiFvAOKrLC8TOwjZAXFFMilT-0lWbPEnjDmQ9r2FZJSx0CPyBNDXjfpvml51xtWZVCWTfASdIiGKcKFB_vn3P5QswpzTAvUvqsGT75LKECCo_bDA/s1600/%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523.png "SSS Monthly Pension Calculator Based On Monthly Donation")
![As an SSS member, do you any idea how much you will get after many years of religiously paying your contributions? We will give an idea on how SSS monthly pension is computed. The monthly pension computation is based on this formulas and whichever the higher value may be, that will be the amount of your monthly pension. A) 300 + (20% x AMSC*) + (2% x AMSC) x (CYS** – 10) B) 40% x AMSC; C) The minimum pension of P1,200, if with at least 10 CYS; or P2,400, if with at least 20 CYS, whichever is applicable. *AMSC (Average Monthly Salary Credit) ** CYS (Credited Years of Service) Using three computations above, assuming the case of someone who contributed for 25 years based on the AMSC of P16,000. Using the first formula, we have P300 + 20 percent (16,000) + [2 percent (16,000) x (25-10)]=P300 + P3,200 + [320 x15]=P8,300. The basic pension amount in this case is P8,300. The second formula, which is 40 percent of the AMSC, will be 40 percent of P16,000=P6,400. Applying the third formula would yield P2,400 as the basic pension. Since the law provides that the highest amount shall be granted as the pension, this means that the basic pension shall be P8,300. Sponsored Links For example, the cases of Juan and Pedro. Juan has a monthly salary credit of P1,000 (the lowest salary level subject to the SSS contribution) and contributes to SSS based on this salary for 25 years, while Pedro has a monthly salary credit of P16,000 (the maximum salary as of to-date) and also contributes for 25 years. Juan’s monthly contribution of P110 would total P33,000 after 25 years of contribution to the SSS, while Pedro, whose monthly contribution of P1,7650, would sum up to P528,000 after 25 years. If they both file for retirement pension at the same time and receive pensions for 25 years, Juan, whose pension will amount to P2,400 per month, would have received a total of P780,000, while Pedro, whose monthly pension is P8,300, would have received P2,699,500 after 25 years. If they both pass away their pensions will cross over to their spouses as their primary beneficiaries. Now that you have an idea how much you will be received in case you will retire, it is in your hands how much would you like to contribute for your retirement. The bigger your contribution, the bigger pension you will get once you retired. Read More: Popular Pinoy Stores In Canada 10 Reasons Why Filipinos Love Canada Comparison Of Savings Account In The Philippines: Initial Deposit, Maintaining Balance And Interest Rates Per Annum Mortgage Loan: What You Need To Know Passport on Wheels (POW) of DFA Starts With 4 Buses To Process 2000 Applicants Daily Did You Apply for OFW ID and Did You Receive This Email? Jobs Abroad Bound For Korea For As Much As P60k Salary Command Center For OFWs To Be Established Soon ©2018 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOVDj5X44xzCHadZCCnTLGPjs8zoQ7XxKYKPORZOZ6GgMwWWUMlQbBUJg21VKdm-GBnjpqz8AwIkGp4IFRTaPlOQSK2Cs7hXfC0PqHNNLEXMB-xAtdVjts9rvaf3W-XHfPrbzDMg/s1600/Slide6.PNG "SSS Monthly Pension Calculator Based On Monthly Donation")
![As an SSS member, do you any idea how much you will get after many years of religiously paying your contributions? We will give an idea on how SSS monthly pension is computed. The monthly pension computation is based on this formulas and whichever the higher value may be, that will be the amount of your monthly pension. A) 300 + (20% x AMSC*) + (2% x AMSC) x (CYS** – 10) B) 40% x AMSC; C) The minimum pension of P1,200, if with at least 10 CYS; or P2,400, if with at least 20 CYS, whichever is applicable. *AMSC (Average Monthly Salary Credit) ** CYS (Credited Years of Service) Using three computations above, assuming the case of someone who contributed for 25 years based on the AMSC of P16,000. Using the first formula, we have P300 + 20 percent (16,000) + [2 percent (16,000) x (25-10)]=P300 + P3,200 + [320 x15]=P8,300. The basic pension amount in this case is P8,300. The second formula, which is 40 percent of the AMSC, will be 40 percent of P16,000=P6,400. Applying the third formula would yield P2,400 as the basic pension. Since the law provides that the highest amount shall be granted as the pension, this means that the basic pension shall be P8,300. Sponsored Links For example, the cases of Juan and Pedro. Juan has a monthly salary credit of P1,000 (the lowest salary level subject to the SSS contribution) and contributes to SSS based on this salary for 25 years, while Pedro has a monthly salary credit of P16,000 (the maximum salary as of to-date) and also contributes for 25 years. Juan’s monthly contribution of P110 would total P33,000 after 25 years of contribution to the SSS, while Pedro, whose monthly contribution of P1,7650, would sum up to P528,000 after 25 years. If they both file for retirement pension at the same time and receive pensions for 25 years, Juan, whose pension will amount to P2,400 per month, would have received a total of P780,000, while Pedro, whose monthly pension is P8,300, would have received P2,699,500 after 25 years. If they both pass away their pensions will cross over to their spouses as their primary beneficiaries. Now that you have an idea how much you will be received in case you will retire, it is in your hands how much would you like to contribute for your retirement. The bigger your contribution, the bigger pension you will get once you retired. Read More: Popular Pinoy Stores In Canada 10 Reasons Why Filipinos Love Canada Comparison Of Savings Account In The Philippines: Initial Deposit, Maintaining Balance And Interest Rates Per Annum Mortgage Loan: What You Need To Know Passport on Wheels (POW) of DFA Starts With 4 Buses To Process 2000 Applicants Daily Did You Apply for OFW ID and Did You Receive This Email? Jobs Abroad Bound For Korea For As Much As P60k Salary Command Center For OFWs To Be Established Soon ©2018 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBclkIoUZP8eJ-XAM_Ws4VERYAuAyqbt5Xi4eFArZWe3_CIDi1LmNiiAL4k4sVoAD-3GdEXmM2u8HANe1D7kR6tWWhUityphuUv8f8ltx2JS05Z4yD5h7L9uMSloaPtcFzetH2Yg/s1600/Slide7.PNG "SSS Monthly Pension Calculator Based On Monthly Donation")
![As an SSS member, do you any idea how much you will get after many years of religiously paying your contributions? We will give an idea on how SSS monthly pension is computed. The monthly pension computation is based on this formulas and whichever the higher value may be, that will be the amount of your monthly pension. A) 300 + (20% x AMSC*) + (2% x AMSC) x (CYS** – 10) B) 40% x AMSC; C) The minimum pension of P1,200, if with at least 10 CYS; or P2,400, if with at least 20 CYS, whichever is applicable. *AMSC (Average Monthly Salary Credit) ** CYS (Credited Years of Service) Using three computations above, assuming the case of someone who contributed for 25 years based on the AMSC of P16,000. Using the first formula, we have P300 + 20 percent (16,000) + [2 percent (16,000) x (25-10)]=P300 + P3,200 + [320 x15]=P8,300. The basic pension amount in this case is P8,300. The second formula, which is 40 percent of the AMSC, will be 40 percent of P16,000=P6,400. Applying the third formula would yield P2,400 as the basic pension. Since the law provides that the highest amount shall be granted as the pension, this means that the basic pension shall be P8,300. Sponsored Links For example, the cases of Juan and Pedro. Juan has a monthly salary credit of P1,000 (the lowest salary level subject to the SSS contribution) and contributes to SSS based on this salary for 25 years, while Pedro has a monthly salary credit of P16,000 (the maximum salary as of to-date) and also contributes for 25 years. Juan’s monthly contribution of P110 would total P33,000 after 25 years of contribution to the SSS, while Pedro, whose monthly contribution of P1,7650, would sum up to P528,000 after 25 years. If they both file for retirement pension at the same time and receive pensions for 25 years, Juan, whose pension will amount to P2,400 per month, would have received a total of P780,000, while Pedro, whose monthly pension is P8,300, would have received P2,699,500 after 25 years. If they both pass away their pensions will cross over to their spouses as their primary beneficiaries. Now that you have an idea how much you will be received in case you will retire, it is in your hands how much would you like to contribute for your retirement. The bigger your contribution, the bigger pension you will get once you retired. Read More: Popular Pinoy Stores In Canada 10 Reasons Why Filipinos Love Canada Comparison Of Savings Account In The Philippines: Initial Deposit, Maintaining Balance And Interest Rates Per Annum Mortgage Loan: What You Need To Know Passport on Wheels (POW) of DFA Starts With 4 Buses To Process 2000 Applicants Daily Did You Apply for OFW ID and Did You Receive This Email? Jobs Abroad Bound For Korea For As Much As P60k Salary Command Center For OFWs To Be Established Soon ©2018 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiN1aX283oS_O3oKU2QrDQdSOd648rvCI_QIRnzPmiKzSNHyeDQQ8n0U0EdVeVS3860_iWcHdRmVPwSUJN4nZ1pHiViZLqV4s8xkcKlcpW2y0WicxCz3YeTcAYRSQxY7gaul9hGSQ/s1600/Slide8.PNG "SSS Monthly Pension Calculator Based On Monthly Donation")
![As an SSS member, do you any idea how much you will get after many years of religiously paying your contributions? We will give an idea on how SSS monthly pension is computed. The monthly pension computation is based on this formulas and whichever the higher value may be, that will be the amount of your monthly pension. A) 300 + (20% x AMSC*) + (2% x AMSC) x (CYS** – 10) B) 40% x AMSC; C) The minimum pension of P1,200, if with at least 10 CYS; or P2,400, if with at least 20 CYS, whichever is applicable. *AMSC (Average Monthly Salary Credit) ** CYS (Credited Years of Service) Using three computations above, assuming the case of someone who contributed for 25 years based on the AMSC of P16,000. Using the first formula, we have P300 + 20 percent (16,000) + [2 percent (16,000) x (25-10)]=P300 + P3,200 + [320 x15]=P8,300. The basic pension amount in this case is P8,300. The second formula, which is 40 percent of the AMSC, will be 40 percent of P16,000=P6,400. Applying the third formula would yield P2,400 as the basic pension. Since the law provides that the highest amount shall be granted as the pension, this means that the basic pension shall be P8,300. Sponsored Links For example, the cases of Juan and Pedro. Juan has a monthly salary credit of P1,000 (the lowest salary level subject to the SSS contribution) and contributes to SSS based on this salary for 25 years, while Pedro has a monthly salary credit of P16,000 (the maximum salary as of to-date) and also contributes for 25 years. Juan’s monthly contribution of P110 would total P33,000 after 25 years of contribution to the SSS, while Pedro, whose monthly contribution of P1,7650, would sum up to P528,000 after 25 years. If they both file for retirement pension at the same time and receive pensions for 25 years, Juan, whose pension will amount to P2,400 per month, would have received a total of P780,000, while Pedro, whose monthly pension is P8,300, would have received P2,699,500 after 25 years. If they both pass away their pensions will cross over to their spouses as their primary beneficiaries. Now that you have an idea how much you will be received in case you will retire, it is in your hands how much would you like to contribute for your retirement. The bigger your contribution, the bigger pension you will get once you retired. Read More: Popular Pinoy Stores In Canada 10 Reasons Why Filipinos Love Canada Comparison Of Savings Account In The Philippines: Initial Deposit, Maintaining Balance And Interest Rates Per Annum Mortgage Loan: What You Need To Know Passport on Wheels (POW) of DFA Starts With 4 Buses To Process 2000 Applicants Daily Did You Apply for OFW ID and Did You Receive This Email? Jobs Abroad Bound For Korea For As Much As P60k Salary Command Center For OFWs To Be Established Soon ©2018 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjePhCImDLexV4eyDM2fczfzwfXScvySs9reUEm9zG3MJsmlw2aOEuWygydXHRWWJ3Evr-5ghnUebuKFhho7BUu3X4uvhpg2C_bBzZUSBd67Ety4xmYrx7Uoossm7h8HyunY3hQWg/s1600/Slide9.PNG "SSS Monthly Pension Calculator Based On Monthly Donation")
