Bilang isang miyembro ng SSS, may ideya ka ba kung magkano ang matatanggap mong SSS pension pagkatapos mong magbayad ng iyong kontribusyon?
Bibigyan namin kayo ng idea kung paano ito kinocompute.
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The monthly pension computation is based on these formulas and whichever the higher value may be, that will be the amount of your monthly pension.
![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/AVvXsEikAGnqhx2i_8czDVf6yX9TpZKTD7IweRBqjTFheQGaqas5kiEdsgOcZnor1UJQ49AhDsvXE6O-dKDNQ6gU_LKdkpqs2o5RlE7VLIoiFsMo3AVy2Mp2qefylJpFblqLpVJXG0LEtA/s640/%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523.png)
*AMSC (Average Monthly Salary Credit)
Since the law provides that the highest amount shall be granted as the pension, this means that the basic pension shall be P8,300.
![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/s640/Slide6.PNG)
Bibigyan namin kayo ng idea kung paano ito kinocompute.
Advertisements
The monthly pension computation is based on these formulas and whichever the higher value may be, that will be the amount of your monthly pension.
![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/AVvXsEikAGnqhx2i_8czDVf6yX9TpZKTD7IweRBqjTFheQGaqas5kiEdsgOcZnor1UJQ49AhDsvXE6O-dKDNQ6gU_LKdkpqs2o5RlE7VLIoiFsMo3AVy2Mp2qefylJpFblqLpVJXG0LEtA/s640/%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523.png)
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.
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.
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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.
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.
TRY THIS CALCULATOR HERE. INPUT YOUR MONTHLY CONTRIBUTION AND NUMBER OF YEARS YOU PAID AND YOUR CATEGORY WHETHER EMPLOYED, SELF-EMPLOYED, OFW, OR VOLUNTARY MEMBER
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This article is filed under: SSS Email, SSS Main Office, SSS Check Status, SSS Program, SSS Membership
©2020 THOUGHTSKOTO

![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/s640/%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/s640/%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/s640/%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/s640/%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523.png)





![SSS Admits, Pension Funds Will Be Good Only For 7 Years If the second installment of another P1000 benefit will be released next year without a funding mechanism, government-owned pension fund Social Security System (SSS) will run out of funds in 7 years. "Should the second tranche of additional pension be implemented in 2019 without any funding mechanism, the SSS will have a fund life of seven years or until 2026," SSS said in a statement. According to SSS President and CEO Emmanuel Dooc, the SSS fund life significantly dropped from 2042 to 2032 last year, after implementing the first tranche of the additional benefit last year, Advertisement Sponsored Links SSS is still waiting for President Rodrigo Duterte to issue an executive order to release the additional benefit he promised to pensioners in 2016. The second tranche can also be released if the proposed amendment of Republic Act 8282, or Social Security Law of 1997 gets enacted. "Our goal here in SSS is to see to it that we are able to release the second tranche [of pension] still within the term of President Duterte, which can be approved in 2022 during his last year in office," Dooc said. He also said that to strongly support the implementation of the second tranche of pension increase, there should be approval of either an increase in contribution rate or adjustment in the minimum and maximum monthly salary credits in SSS. "This is important to support the viability of the pension fund and to assure our current members that the SSS will still be there in their times of contingencies para mapanatag ang kalooban ng mga kasalukuyang miyembro [to appease our current members]," he added. As of December 2017, SSS has more than 960,000 registered employers and a combined 8.63 million registered voluntary and self-employed members. Some 218,000 or 10 percent of SSS pensioners claimed the additional benefit last year. READ MORE: It's More Deadly In The Philippines? Tourism Ad In New York, Vandalized Earn While Helping Your Friends Get Their Loan List of Philippine Embassies And Consulates Around The World Deployment Ban In Kuwait To Be Lifted Only If OFWs Are 100% Protected —Cayetano Why OFWs From Kuwait Afraid Of Coming Home? How to Avail Auto, Salary And Home Loan From Union Bank](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhIYA7pAaSR-qAhB_1i9zilenzj-E5lANPTtj2VTIZGFlth1EFoccHYWOavh7OIoB6ztZenJnUb887teIqEXzOdxzYT6LNwvv2acLKyE1XjTK-Fo01mOacku9PbkzwtkcnZ2dizPg/s640/%2524%2524%2524%2524%2524%2524%2524%2524%2524%2524%2524%2524%2524%2524%2524.png)
![SSS Admits, Pension Funds Will Be Good Only For 7 Years If the second installment of another P1000 benefit will be released next year without a funding mechanism, government-owned pension fund Social Security System (SSS) will run out of funds in 7 years. "Should the second tranche of additional pension be implemented in 2019 without any funding mechanism, the SSS will have a fund life of seven years or until 2026," SSS said in a statement. According to SSS President and CEO Emmanuel Dooc, the SSS fund life significantly dropped from 2042 to 2032 last year, after implementing the first tranche of the additional benefit last year, Advertisement Sponsored Links SSS is still waiting for President Rodrigo Duterte to issue an executive order to release the additional benefit he promised to pensioners in 2016. The second tranche can also be released if the proposed amendment of Republic Act 8282, or Social Security Law of 1997 gets enacted. "Our goal here in SSS is to see to it that we are able to release the second tranche [of pension] still within the term of President Duterte, which can be approved in 2022 during his last year in office," Dooc said. He also said that to strongly support the implementation of the second tranche of pension increase, there should be approval of either an increase in contribution rate or adjustment in the minimum and maximum monthly salary credits in SSS. "This is important to support the viability of the pension fund and to assure our current members that the SSS will still be there in their times of contingencies para mapanatag ang kalooban ng mga kasalukuyang miyembro [to appease our current members]," he added. As of December 2017, SSS has more than 960,000 registered employers and a combined 8.63 million registered voluntary and self-employed members. Some 218,000 or 10 percent of SSS pensioners claimed the additional benefit last year. READ MORE: It's More Deadly In The Philippines? Tourism Ad In New York, Vandalized Earn While Helping Your Friends Get Their Loan List of Philippine Embassies And Consulates Around The World Deployment Ban In Kuwait To Be Lifted Only If OFWs Are 100% Protected —Cayetano Why OFWs From Kuwait Afraid Of Coming Home? How to Avail Auto, Salary And Home Loan From Union Bank](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjrOz4KQPUa3I9rDEy_i6YjgiAF1clj8Trjcl2T8rBQajwSQBTkDw3Du7OsYICMknSUnXWcw96cVz2VD-02qLk1TUdRUNl6EIRpbrCpP6bPcUybrF1AtSk2GM71MBkfIMPcHaukcw/s640/%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523.png)
![SSS Admits, Pension Funds Will Be Good Only For 7 Years If the second installment of another P1000 benefit will be released next year without a funding mechanism, government-owned pension fund Social Security System (SSS) will run out of funds in 7 years. "Should the second tranche of additional pension be implemented in 2019 without any funding mechanism, the SSS will have a fund life of seven years or until 2026," SSS said in a statement. According to SSS President and CEO Emmanuel Dooc, the SSS fund life significantly dropped from 2042 to 2032 last year, after implementing the first tranche of the additional benefit last year, Advertisement Sponsored Links SSS is still waiting for President Rodrigo Duterte to issue an executive order to release the additional benefit he promised to pensioners in 2016. The second tranche can also be released if the proposed amendment of Republic Act 8282, or Social Security Law of 1997 gets enacted. "Our goal here in SSS is to see to it that we are able to release the second tranche [of pension] still within the term of President Duterte, which can be approved in 2022 during his last year in office," Dooc said. He also said that to strongly support the implementation of the second tranche of pension increase, there should be approval of either an increase in contribution rate or adjustment in the minimum and maximum monthly salary credits in SSS. "This is important to support the viability of the pension fund and to assure our current members that the SSS will still be there in their times of contingencies para mapanatag ang kalooban ng mga kasalukuyang miyembro [to appease our current members]," he added. As of December 2017, SSS has more than 960,000 registered employers and a combined 8.63 million registered voluntary and self-employed members. Some 218,000 or 10 percent of SSS pensioners claimed the additional benefit last year. READ MORE: It's More Deadly In The Philippines? Tourism Ad In New York, Vandalized Earn While Helping Your Friends Get Their Loan List of Philippine Embassies And Consulates Around The World Deployment Ban In Kuwait To Be Lifted Only If OFWs Are 100% Protected —Cayetano Why OFWs From Kuwait Afraid Of Coming Home? How to Avail Auto, Salary And Home Loan From Union Bank](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEib6DT_W7nWfZ2DXPFF-Q5fvNnVY-HfJV6DnIiMet3HTy0mVZjWp1j_k5rE2Y-hU7gB6USiOWiHUpEENDOwim8aSkKVZfzcbWVbLpseWnpQC8-2ZoxvdOFY9ECkKH58K5RXan3T-Q/s640/%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523%2523.png)

