How to Check your Estimated SSS Pension based on your Contribution and Age? Did you know that SSS has a pension calculator on their website? If you are curious of what will be your pension in the future, this article is for you. Here are the steps on… Read More LOAN, PENSION Decembe...
It is important to choose the right membership type and comply with the corresponding contribution requirements to avail of the benefits provided by the SSS. Monthly salary credit (MSC) The MSC is a pivotal component of the SSS system that determines the required contribution for members based on...
As an employer, it is important to stay up-to-date with the latest software and tools to streamline your business operations. One such tool is the SSS R3 File Generator, which helps employers prepare their monthly contribution report for the Social Security System (SSS) in the Philippines.CONT...
The new contribution rate and new minimum and maximum Monthly Salary Credits (MSC) that will be implemented starting January 2023 are aimed at covering a larger percentage of the contributing members’ monthly incomes, so that they can look forward to larger benefit amounts and/or higher pension...
How to Check your Estimated SSS Pension based on your Contribution and Age? Did you know that SSS has a pension calculator on their website? If you are curious of what will be your pension in the future, this article is for you. Here are the steps on… Read More BENEFITS...
Please see this post for the sample computation and more detailed discussion on Retirement.But basically you must have contributed at least 120 months of contribution, to be able to get the pension benefit. Disability Benefit The disability benefit, once you’ve reached 36 months of contri...
In short I will be able to pay my 78 months of contributions in only 1 and half years instead of 7 years. I will be able to finish my 120 months contribution before I turn 60 years old. However, I will not collect my pension until I am 65 years old. ...
This could take a while before you get your PRN, and as mentioned earlier, you can’t pay your SSS contribution or loan without that. Imagine, having to go to a different channel just to get a PRN. Why not do it all in one go?
Step 2:Inside the dashboard go to “Loans” menu, then select “Salary Loan” if you want to renew your salary loan. You can also check if you are eligible for calamity loan and pension loan. Step 3:If you are eligible for loan renewal, you can see how much the amount you can av...
The burial expenses of a deceased SSS member can be covered by the funeral benefits from the SSS, provided that there is at least one monthly contribution as a voluntary, self-employed, or OFW member. Salary Loan Yep, you read that right! Even Voluntary members can avail of the SSS salary...