PENSION October 6, 2020 SSS New Pension Schedule 2020 The SSS provided a revised monthly pension release schedule through Philippine Electronic fund transfer and System Operations Network (PESONet) and other ch
Readultimate guide about disability benefits Retirement Plans Your golden years should be worry-free. At age 60 (optional) or 65 (mandatory), you can access retirement support if you’ve contributed for at least 120 months. Choose between monthly pension payments or a lump sum amount based on ...
How can you pay your SSS contributions from abroad? Here is a list of updated monthly contributions. The minimum amount has been increased to 960 Pesos per month. But you may choose the maximum amount for higher returns. You are not required to pay the maximum amount. However, if you want...
The disability benefit, once you’ve reached 36 months of contribution, you can get a partial or total disability pension if something happens to you. For computation, please see:www.sss.gov.ph Death Benefit There are 2 types of Death Benefit. One is Cash benefit, either monthly pens...
"Monthly contributions help members save for retirement and give them a safety net during contingencies that disrupt their capacity to earn."The pension fund provides retirement, sickness, maternity, disability, death and funeral benefits. Membership is mandatory for private sector employees and self-...
Benefits for Employees: Registration ensures workers access benefits, including a retirement pension, maternity leave payments, and disability assistance, fostering workforce stability. Penalties for Non-Compliance: Failure to register incurs a 2% monthly interest on unpaid contributions and a PHP 5,000 ...
Paid at least 36 monthly contributions, six of which are posted within the last 12 months before the month of loan application Home address or property within the Philippines. Has not availed of any of these SSS benefits: total permanent disability, retirement, or death ...
Has not been granted any final benefit, i.e. total permanent disability or retirement; Has not been disqualified due to fraud committed against the SSS; Member-borrowers with final benefits application (Death, Total Disability, Retirement) whose contingency date is on or before the last day of ...