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How much is the monthly SSS pension (retirement benefit) and how is it computed? deductions and inclusions

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The Social Security System gives their members who are already in retirement age who are qualified to receive the SSS retirement benefit. If you are a pensioner to be, you can find more information here – SSS pensioner benefits. This post will guide you through the different processes, procedures, requirements, forms that you will need to fill up as well as other relevant information regarding retirement and SSS pensioners.

What is the retirement benefit?

The said member benefit is a cash benefit that is given in two forms. One is as a monthly pension or a lump sum where the entitled member may be able to get all his / her accountabilities from the SSS in a designated system of claim.

Who may apply and who qualifies?

Members who are already 60 years old and is no longer engaged in self employment may or is entitled or qualified to receive the SSS retirement benefit. If in case the applicant member is still employed either by a private company or self-employment, he 0r she can only apply for it if he or she is either separated from employment of if he or she reaches the age of 65 years old.

How to qualify for the retirement benefit?

Apart from some pointers and facts regarding how to qualify for pensioners to receive the SSS retirement benefit above, here are additions facts and figures that you need to know if you are in the process of application.

Retirement benefit claimants need to have at least 120 total SSS premium contributions posted on their account prior to the semester of retirement. If you have paid your 120th and the data still hasn’t appeared in your account for printing and proof for claim, you may go to the nearest SSS branch with proof of your payment such as either a bank receipt of company payment receipt.

SSS form to use for application and download is SSS DDR 1 form.

The amount of monthly pension will be the highest of:

the sum of P300 plus 20 percent of the average monthly salary credit plus two percent of the average monthly salary credit for each credited year of service (CYS) in excess of 10 years; or
40 percent of the average monthly salary credit; or
P1,000 if the member had less than 10 credited years of service (CYS); P1,200 if with at least 10 CYS; or P2,400 if with at least 20 CYS. The monthly pension is paid for not less than 60 months.

In case that a SSS member is under a special category wherein he or she is already 60 years old and above, separated from employment and are not continuing contributions to the SSS on their own and was not able to complete the required 120 monthly contributions, cheer up, you can still get your claim for your retirement benefit. How to claim it? First off, you have to know that you are only entitled to a lump sum benefit on your case. This means that you are going to get the total contributions made by you as a paying member in your previous years and on your behalf.

You can find more information from our previous posts regarding useful topics on SSS Retirement Form, Application and Requirements as well as our old article regarding How To Claim SSS Death Benefit and Requirements.

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14 Responses to “How much is the monthly SSS pension (retirement benefit) and how is it computed? deductions and inclusions”

  • mary ann peñaflor says:

    i just want to ask how much must be the monthly pension of my father he is now 60 years old last dec 23,2012.,

    source no of contribution
    1991-2002 136
    lump 101
    total 237

    it means he complete more than the 120 monthly contributions and he didi not avail the lump sum my father wants to have his pention in monthly basis without lumpsum so how much must be his monthly pension

  • Ely D. Dolot says:

    i am now receiving my monthly pension, i discovered however that my minor beneficiary was not included in my benefits, much in adjustment will i be entitled. i started receiving my pension october last year. also the 18 months lump sum i received did not include benefit for my minor beneficiary

    thanks pls reply

  • ana cellona says:

    sss contribution

  • zaldy_pangpang says:


  • Sahrie A. Andrada says:

    to whom it may concern may i please know the exact amount of the pension of my father Lorenzo M. Avendano, born on march 11,1951…i hope that u will grant my request… thank yoy very much…

  • jade pison says:

    gaano ba katagal mkuha ang sss pension at benefits nito???february 05, 2012 pa ng60 ang papa q na si Felixberto Abad Lapasigue taga ILIGAN CITY..hanggang ngayon process parin ganyan ba katagal??

  • Eddie Tapales says:

    I have a driver on call for two to 3 days a week work for 6 to 8 hours at 250 pesos per call as we both agreed without I required by law to pay SSS membership for him?

  • Aileen says:

    Good day!
    Sir/Madam, ask ko lang po ilang months po ba hihintayin after mo magfile ng death claim
    para magstart pension ng primary beneficiary ng member?
    Thank you..

  • sherry says:

    good day!
    mam/sir,ask ko lng po ung sa pencion ng father ko.61years old na po sya ngaun.hindi ko po maintindihan kung bakit hindi pa sya nakakatanggap ng monthly pencion.

  • Cristina says:

    How will I continue my sss contribution? I probably had more than 12 months of contribution when I left manila. Is it 120 months of contribution? Please give me more info.
    thank you.

  • emelita says:

    my husband passed away i wanna claim my pension and i want monthly pension how much my monthly pension

  • brenda sevilla says:

    hello, my question is after the 18 months lump sum , when is my monthly pension start? is it on the 19 month?

  • Emelita says:

    the social security stopped my pension im staying in united state do I need to show-up to the social security

  • genie taganile says:

    May I ask if how much is the highest monthly pension now in SSS.

    genie taganile
    Nov. 21, 2014

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