SSS Retirement Benefit: An Easy to Follow Guide in Computing Your Pension

sss retirement benefit

SSS retirement benefit or pension as we normally call it is one of the few benefits employees are entitled to receive when they retire. So before you empty your savings by joining the YOLO, you will only live once, and FOMO, fear of missing out, craze you may want to consider how much you’ll be getting from SSS by the time you’ll retire. Are you ready to know how small it will be?

Yes I know, I also suddenly felt like a certified tito like how they call it now because of all these acronyms. Lucky me there’s Google to provide me with the info haha!

READ: New SSS Contribution Schedule | Bigger and Better Benefits

Know Your SSS Contribution Table

I’m going to teach you how to read the table below. Yes, I know how you despise seeing this kind of table so do I hehe. Sadly, this is needed in order for you to compute your monthly pension.

Here is the new SSS contribution table:

Employed, Self-Employed, Voluntary Member, and Non-Working Spouse

You can use this new SSS contribution table if you are an employed, self-employed, voluntary member, or non-working spouse.

sss contribution table for employers and employees
sss contribution table for self-employed
sss contribution table for voluntary members and non-working spouse

Household Employers, Kasambahay, and OFW Members

You use this new SSS contribution table if you are a household employer, kasambahay, or an OFW member.

sss contribution table for kasambahay
sss contribution table for OFW
Credits to the SSS website.

Let’s begin with the range of compensation. This is just your basic monthly salary on which the remaining components are based. Monthly Salary Credit (MSC) is the median of the range of compensation. It’s also good to note that the maximum MSC is only set at 20,000. The contribution rate on the table is 12% of your monthly salary credit which is being shared by you (4%) and your employer (8%).

I know you need an example so this is what you are waiting for. If an employee has a salary of Php 25,000 per month then his MSC is pegged at Php 20,000 only. Remember that it is already the maximum MSC in the table, right?

Average Monthly Salary Credit (AMSC) is computed based on the last 5 years of service.
Credited Years of Service (CYS) is the total number of years your SSS contribution is paid. One CYS is equivalent to at least 6 months’ contributions paid in any given year.

3 Simple Formulas to Compute Your SSS Pension

After knowing the terms, you can finally compute for your pension. SSS provided three formulas that you can use to compute your monthly pension. Because there are three formulas, you will also get three answers and whichever is the highest among them will be your monthly pension.

Here is how to compute the SSS retirement benefit:

1. Based on the Credited Years of Service (CYS)

The first formula is highly driven by the number of years you paid your contribution. This simply translates that the more years you contribute the higher your SSS pension will be. However, this formula is only good to use if you paid or planning to pay for more than 19 years.

2. Minimum SSS pension

SSS pegged the lowest pension that a member can receive in order for them not to get less than the minimum. This formula best serves the below-minimum wage earners and workers with less than 10 credited years of service.

3. Based on the Average Monthly Salary Credit (AMSC)

The formula is based on your AMSC. You can maximize your SSS pension using this by increasing your contribution. But it is also good to note that this is the formula to use if you contributed or planning to contribute for 19 years and below.


The three formulas remain the same as per R.A. 11199 plus Php 1,000 for all SSS pensioners.

Pursuant to Memorandum from the Executive Secretary in 2017, by the authority of the President, an additional Php 1,000 shall be given to all pensioners.

The first formula will give the highest amount if you plan to work for a very long time. Notice the 2% addition to your pension for every CYS when you surpass the 10 years mark. The second formula is something you don’t even want to have as your pension, right? Come on, even that ₱2400 plus Php 1,000 will not be enough for your maintenance medicine. The last formula, however, is very straightforward and easy to compute.

Sample Computation of SSS Pension

With all the formulas presented, you might feel the need for an example so I decided to add one. In this example, Mr. Wise started working at the age of 20 and he is planning to retire when he reaches the age of 60. His salary for the last 5 years is ₱60,000. Can you help him in computing his pension?

CYS: 40 years (started working at 20 and plans to retire at 60)
AMSC: ₱ 20,000 (this is the maximum MSC regardless of his salary)

The following values are attained based on the new SSS contribution table for 2019. This is for illustration purposes only as it will be different in the coming years.

If you’ll look at the figure above, formula #1 provides the highest amount which means that this is the pension Mr. Wise Guy will get starting at age 60.

Suan, malaki-laki na din pala yung pension sabi mo maliit lang.

A good thing to understand is that the amount was calculated from 40 years of credited years of service. If you are planning to have an early retirement then your pension will be lesser. Personally, I don’t want to work for that long. I want to enjoy life and spend more time with my family. If you are like me, a pension of ₱17,300 is pretty impossible knowing I’m not planning to work for that long.

Average SSS Retirement Benefit

Do you know the average pension retirees get? The illustration above is just an example so don’t be excited yet. The following is the average SSS pension throughout the years and you’ll be alarmed knowing that it may not be enough to sustain a living.

2012: ₱3,707
2013: ₱3,577
2014: ₱3,792
2015: ₱3,780
2016: ₱3,658
2017: ₱5,123

READ: 2 Ways to Get the Highest SSS Pension | Have a Comfortable Retirement

Can you get over those digits? These are only averages so you must keep yours on top of it but if you don’t and settle with those numbers then your retirement will be doomed. So how can you level up the game and secure your future? Simple, you must have a contingency plan. Don’t just settle for saving your money, you must also invest to beat inflation.

Build Your Retirement Fund

You may consider getting a VUL plan that has income protection with a wealth accumulation plan. Give your family financial security and peace of mind while growing your money over time. You may request a quotation and financial consultation by following the link below.

READ: Sun Maxilink Prime | The Best Selling VUL Plan from Sun Life

If you have at least Php 250,000 sitting in your bank account then you may consider investing it in a single-pay VUL. This will help you grow your money better than what you normally get for your savings account while getting life insurance protection.

READ: Sun Maxilink One | Earn Better than Banks


While SSS provides a good retirement benefit. You should not rely on it solely if you don’t want to struggle financially during your golden years. Consider investing your money in a mutual fund, UITF, VUL plan, etc. that will not only beat inflation but also provide you the comfortable retirement you deserve.


297 comments… add one
  • Rene Link Reply

    Hi Federico,
    Kumusta? Ako po ay 61 years old at naninirahan sa ibang bansa. Ako po ay nagtrabaho sa Pilipinas from 1983 hanggang 2004 (a total of 252 months contributions). Ako ay nangibang bansa noong taong 2004. Fast forward year 2023….gusto ko po sanang mag voluntary contribution starting 2023 hanggang maging 65 years old na ako. Siguro ang maging voluntary contributions ko ay equivalent to 48 months. Tama ba ang assumption ko na to get the 60 months AMSC, it will be based on my 48 months voluntary contributions and on the last 12 months contribution in 2004 & 2003 when I was still working in the Philippines.
    Maraming salamat po sa inyong kasagutan.

    • Yes, it will be based on the last 60 contributions or the average of all your contributions, whichever is higher.

  • Jay Link Reply

    Hi Sir,

    Question may 2 scenarios po ako sana ma compute mo po sir 🙂

    First scenario: Total of 10 yrs contribution with max MSC of 20k

    Second scenario: Total of 12 yrs contribution but 10 yrs with max MSC of 20k and 2yrs with 2k as MSC


    • Thanks, Jaime. I will consider creating an article about this. But in the meantime, you may follow the steps above to get a snippet of how it will look like 🙂

  • Janiel Juaman Link Reply

    Sir, for the year 2023 the maximum MSC is 30,000 composed of the total of Regular Social Security Employees Compensation of 20,000 plus mandatory provident fund of 10,000. For computation of pension purposes, am I going to use the 20,000 or the total of 30,000 for year 2023 considering that my contribution is on the maximum range?
    There was gap of my SSS contributions for 4 months in year 2020 as I was not able to report for work due to company restrictions brought by the pandemic.
    I will retire by January 2024 at age 60.
    To get my last 60 months contribution, is the gap of 4 months included in counting of 60 months? Does it mean that my Average Monthly Salary Credit for 60 months will become lesser due to 4 months gap of contribution? (total of 56 months with contribution and 4 months with zero (0) contribution)
    Looking forward for your reply.

    Thank you and stay safe.

    • Hi, Janiel! The maximum MSC for the computation of benefits is still pegged at 20,000. WISP is just an additional benefit you get upon retirement. As to answer your other question, as of the latest, CYS is computed as number of contribution divided by 12. So gap will not be included in getting your AMSC. I hope it helped.

      • Jaime Link Reply

        Hi Sir, just want to ask lang po how much po my pension if ganito po scenarios?

        Scenario 1: 10 yrs with a contribution for 20k MSC
        Scenario 2: 12 yrs with contribution but 10 yrs for 20k MSC and 2yrs for 2k as MSC.

        Thanks in advance.

        • Thanks, Jaime. I will consider creating an article about this. But in the meantime, you may follow the steps above to get a snippet of how it will look like 🙂

  • arlene padilla Link Reply

    Hello Sir,
    i am 57 yrs old po if magretire na po ako sa 60 yrs old at 400 months na po yun contribution ko atleast 20,000 po yun MSC ko mga magkano po yun pension ko?

  • Robi Link Reply

    Good day Sir!

    Yung LOLO ko 82 years old na. Hanggang ngayon hindi pa siya nakapagpension kasi Dual yung SSS number niya. Sa ngayon nakapagfile na din po kami nang Cancellation last week lang po. Upon checking SSS niya meron siyang 139 months contribution. magkano kaya ang retieremnt na mataggap niya at magkano ang monthly pension niya?

    Maraming salamt po and GOD Bless

    • Hi, Robi! You may follow the steps in this post if you have the details. But to be sure, you may go to SSS for the actual pension.

  • Coleto Link Reply

    Hi Sir,

    Regarding don sa formula number 1,

    “Notice the 2% addition to your pension for every CYS when you surpass the 10 years mark”

    For example in the year 2025, the MSC will become 35k, I’m an OFW so I will be paying 5250 (15% * 35k). in order to have 1 CYS, I need to pay annually 5250×12=63K annually, but in return, I will only receive an additional 700 (2%*35K) on my monthly pension. I’m 49 years old and have already contributed 144 months, I’m planning to stop contributing for 5 years and continue on my 54th year.

    In summary, in order to get 1 CYS, I need to pay 15% of MSC and then earn 2% in return, my question is it worth contributing for 10 years?

    Thanks for all the replies!

    • Thank you for patronizing our blog!

      Btw, even when the MSC increased, the maximum MSC for the computation of pension is still pegged at 20k.

      Anything you pay more than that is invested in WISP. It’s like a pooled investment thing like UITF/mutual fund. At your retirement, get your WISP in full and your regular pension.

      • Randy Manuel Link Reply

        Hi Federico! What if naka pag hulog ako sa isang taon ng 4 months lang. Hindi po ba ma-cover yun? Need talaga ng not less than 6 months a year? Hindi po ba masasayang yung contribution ko na 4 months? Please in lighthen me .thank you and God bless.

        • Hi, Randy. It will depend on which year you contributed. As of now, CYS is computed as a number of contributions divided by 12.

  • Jerome Link Reply

    This year inangat nila ang contribution almost doble na.

    Isang malaking scam tong SSS. knowing nagbabayad ka ng “insurance” pero in the end di mo maeenjoy kinita mo. Sa halip na magamit mo ngayon, habang mura pa ang bilihin, nasa kanila at hindi mo makukuha. #ripPH #ScammerSSS

  • Janet Link Reply

    Sana ang retirement ng SSS is at the age of 55 kc marami ng namamatay before reaching 60 hindi nila naeenjoy ang kanilang contribution.

  • coleto Link Reply

    Hi Sir,

    Salamat po sa pagbigay linaw sa tanong ko about MP2 maturity.

    May tanong lang po ako about sa pension, na compute ko na po un pension ko gamit ung explanation niyo and nag arrive ako sa 9000 monthly. Ito po ung tanong ko

    1. Halimbawa po ay na dedo ako edi un asawa ko ang magtutuloy tanong ko lang kung 9000 pa din ba monthly ang matatanggap niya?
    2. Hanggang kelan po siya makakatanggap ng pension?
    3. Paano po kung siya din eh mawala titigil na po ba un pension

    • You’re welcome, Coleto! Your spouse will receive the same amount until she expires, remarries, or cohabitates.

  • Nick Link Reply

    Hello Sir. I am 48 years old and paying the minimum contribution for now. I will be retiring (60 yo) in July 2034. Kelan po ba ako mag start ng maximimum contribution (20k) para makakuha ng 9k na pension? I heard 6 months before mag 55 yo ay mag maximize na. Tama po ba? Maraming salamat po in advance.

  • JOJIT Link Reply


    • Your information is incomplete. However, if you have an SSS online account, you may check it there to save you from computing it yourself 🙂

  • Ma Corazon Link Reply

    I retired at the age of 60 and claimed my retirement benefit
    Date Filed : 02-10-2022
    Approval Date : 02-15-2022
    Pension Start Date : 07-14-2021
    when will I receive my monthly pension?

  • alma Link Reply

    hello.pos.sir pls magkano pension ko kapag ang hulog ko ay ganito
    120 months po. conti
    ribution.ko ..slamat
    magkano maging.pension.ko po pls

    • Ano yung 2400 Alma? Kung monthly contribution ito, nasa 20k ang MSC mo. Using formula 3, pension is 40% of AMSC plus 1,000. Nasa Php 9,000 siya.

  • Hello po Sir,,,Magandang Araw po,,,Sorry po medyo mahina ako sa Math gusto ko lang po tanungin sa maging monthly pension ko..On May 20, po ay 60 years na ako…naka contribute po ako ng 251 months,,,,eh pwede po ba makisuyo magkano po kaya ang monthly pension ko,,,Salamat po . God Bless po sa lahat

    • Hi, Ms. Lydia. It will depend on your AMSC which you did not provide in your comment. You can go to a SSS branch to have it computed for you. Thanks 🙂

  • Harriet King Link Reply

    Hi Federico,

    Thank you for the informative piece, it was clear and not too long to read.
    Considering that formulas 1 and 3 both uses the AMSC which is based on just the last 5 years of contribution before pension, where does the Total contribution matter?

    Im still far from retirement, yet the 3 formulas dont encourage me to pay a higher contribution because it seems only the last 60 contributions would take play.

    Ive read that the death benefit that is given to the secondary beneficiaries will be matched by the total contributions given by the member. Where else is this total important?

    Thank you po!

    • Lumpsum will be given if your contributions are less than 36. Retirement and death claim are only 2 out of the 7 benefits.

  • Maureen Link Reply

    Hello, ask ko lang po regarding Monthly pension and Lumpsum.
    My mom got her retirement claim of P16,823. She has 155 total contribution. Base sa claim information, Number of Monthly Pension Paid: 6. Makakareceive pa po ba si mother ng pension after 6mons? or eto na yung Total lumpsum? pero naka 155 contributions naman sya. Thank you po sa pag sagot.

  • Jef Link Reply

    I am an OFW at gusto ko imaximize ung contribution ko para malaki din ang makukuha kong contribution. What if po 3k ang monthly contribution for 120 months or so, magkano po kaya yun (benefit) na makukuha pag magpepensin na pagdating ng 60 yrs old or after 10 years or so na pagcontribute?

  • Danilo E. don Link Reply

    Good evening. My SSS contribution is only 4.83333 years and GSIS Period with Paid Premium (PPP) is only 6.5833 years for a combined total of 11.41666 years of creditable service. Because of RA 7699 or the Portability Law, I will qualify for SSS pension because I already exceeded the 10 years requirement. How do I apply?
    Thank you and God bless.

    • Isn’t portability law only applicable to GSIS claim (15 years of contributions)? Anyways, I think it’s best to check it with them if you are qualified.

  • Sarah dela Cruz Link Reply

    Hi Federico
    Matagal ko ng gustong malaman kung magkano ang pension na tatanggapin ko.
    I stopped contributing my monthly SSS premium last 1984, then suddenly I decided to finish my 120 months just to be able for me to have a bit of a pension. On November 2021 matatapos ang 120months ko. So in all I have contributed P17.256 for 120 months. EXACT no sobrang months dahil 65yo na ako at gusto kong maenjoy ang magiging pension ko.  
    With that amount, magkano ang magiging monthly pension ko. NO Loan to be considered. Clear iyan.

    Noong 2019 I found out kulang ako ng 20 months so itinuloy ko ang hulog. for 9 months naghulog ako ng P600 then nitong January 2021 ginawa nilang P650/month… at ito ang magiging huling hulog ko dahil gusto ko lang makumpleto ang 120 months at luckily pumayag sila na iadvance ko ang hulog so bayad na ako para sa 120/months… at according sa record na nakuha ko from SSS website, aabot sa P17,256 lahat ang magiging contribution ko by November 2021.

    Sana matulungan mo ako, gusto kong kuwentahin by myself kaya lang nahihilo akong intindihin at kung paano ko ia apply sa formula ang mga figures na hawak ko.

    Maraming salamat Federico.

    • As much as I want to help you, the corresponding MSC of your contribution is needed to calculate the pension. If ever, you can always check it with SSS. Thank you 🙂

  • Joel Link Reply

    Good day!
    Halimbawa po: nagbabayad po ako ng 2,145.00 a month for 120 months..magkano po magiging pension ko kapg 60y/o na po ako monthly? Kapag po ba itinuloy ko ng payment for another 120 months @ 2,145.00 monthly, magiging doble po ba ung matatanggap ko na monthly pagdating ko ng 60y/o? Salamat

    • Hi Joel. Based on the formulas, the pension will not be doubled. If you want, you may calculate it using the formulas above. It’s fairly easy to follow, plus you can also play with different scenarios in your mind. Thanks 🙂

  • Roberto Samartino Link Reply

    Ask ko lang po self employed po ako at patigil tigil po ang paghuhulog ko kasi po la naman stable na pinagkikitaan . My last contributioin is Feb. 2012 amounting P312.00 with total number of contribution of 104. Nag 55 years old po ako noong Aug.15, 2020. Gusto ko po sana na ituloy ngayong Jan. 2021 amounting Php 2695.00. Ask ko lang mag kano kya pension ko pag 60 years old na ko kasi di ko ma me meet ung at least 60 contribution kasi 55 contribution lang po.

    • Hi Roberto. You need 120 contributions to qualify for a pension, else, you will receive a lumpsum. Thanks 🙂

      • Jez Link Reply

        Good day po! Pahelp po. MUST po ito.
        Yung mister ko po nagbukas ng SSS noong 2002. Simula po nung nagbukas siya,lumipas ang ilang dekada, di po siya nakapag contribute. Ngayon po na OFW sya, nagstart na po kaming magcontribute nitong Dec 2020 hanggang ngayon. Kukumpletuhin po namin ang 120 months na contribution kahit lumampas pa siya sa edad na 60. Please enlighten us po, do you suggest na magtuloy pa rin po kami ng pagcontribute? Paano po kayang maapektuhan ang pension/benefit nya if magclaim na po siya ng benefit? Tapos po gusto ko po malaman magkano na po ang maximum na contribution ngayon kac may 3k na daw po, magkano po kaya ang benefit na makukuha sa 3k na contribute after 120 months? Lastly, pede pa po kaya namin bayaran ung ilang taong hindi namin nabayaran noon? Like 2020 and downwards? I mean paatras po ang pagbayad, babalikan po namin ang mga taon dati na di nabayaran, pede po kaya yun?

    • Cathy bien Link Reply

      Hi po , P3,500 monthly pension ng tatay ko Nung nabubuhay pa, magkano naman po ang death at funeral benefits niya ?? T.y. po

      • Hi Cathy. Yung funeral benefit ranges from 20k to 40k and anyone can claim it basta siya yung nagbayad ng funeral service. If yung mother mo ay buhay pa, siya yung magreresume ng pension. But to be sure, you have to go to an SSS branch to have it computed for you. And also, you can check who is/are eligible to claim for the death benefit.

        • Allyza Abuel Link Reply

          Hello po ask ko lang po kung makakatanggap ng pension yung tatay ko kahit 60 months lang siya nakahulog sa sss.

  • ana Link Reply

    Hi, I have questions. I have total numbers of 159 contributions as of this time. I Can still pay the lower contribution for succeeding years and can jump to higher contribution (salary 20K) for the remaining 5 years before retirement, its okay right? I’ll be getting higher (exp 17K) for my monthly pension?
    for your assistance.

    • Yes, Ana. You can do that for as long as you are still far ahead of retirement and, of course, a voluntary member. Thanks 🙂

  • Ayan Link Reply

    Hi good day how much we will get from my father death pension he had contributed 70k in total and paid 23yrs in sss?

    • Hi Ayan. I do not know. Some info is missing. However, as I always say, this blog is created to educate about personal finance. And part of personal finance is to learn how to do calculations. It’s straightforward to follow, so I don’t think you’ll get lost. Thanks 🙂

  • Roan Yboa Link Reply

    Thank you for this. So is it correct to say that I can pay the minimum contribution for 7 mos (counted as 1 yr) until I reach 55. And then 56-60 years old, I’ll pay max contribution (still 7 mos only) for the AMSC computation?

    • Hi Roan. You are most welcome 🙂 However, you may also check that while it will be counted as 1 CYS, your AMSC is still based on the last 60 contributions. So that’s about 8.5yrs compared to 5 years when you pay all the months. it is just my 2 cents. Thanks 🙂

  • erwin Link Reply

    I had contributed 110 months in 1998. I stopped paying my SSS because of my work abroad.. now, I’m 52, I resumed paying again with the maximum premium (30,000 SALARY ) and paid more than 120 months already. If I will not continue paying my monthly premium for the succeeding months/year when I reach 60 years old, what will be the basis of my pension computation?


    Ask ko lang. nag-avail ako ng early retirement sa company na pinasukan ko. Iam 56 years old at ang huling sahod ko ay P27,000. Balak ko sana mag-stop contribution na kahit naka 362 contributions na ako. D ko na kasi kaya voluntary maghulog ng 2,400/month hanggang ma-reach ko ang age 60. Unemployed ako ngayon at kulang pa pang maintenance ko sa gamot ang nakuha kong separation pay sa company na pinagtrabahuan ko. Ang magiging basis ba ng AMSC ko ay ang 60 contibutions ko from 2015 hanggang 2020.

    • Yes, it will be the last 5 years 🙂

      • Annie Tenel Link Reply

        Hello po I paid 210 total of contributions latest payment done this year 2600 I’m 50 yrs old na OFW is it worth paying til I’m 60? Like you said last 5 yrs ang pension e calculate?

  • Anna Dausin Link Reply


    Question sir. My mother have 138 contributions udner 12 yrs of csv. She is 56 now. Im projecting her retirement pay at 60 but since nasa 360 monthly lang ung voluntary contri niya, the max we can get is 1200 monthly pension (regardless if ituloy or namin or hindi yung monthly bayad na 360 until maka age 60 siya). Im planning to stop paying for that and just wait na mag 60 siya 4 yrs from now. We are still entitled naman po for a pension right even if we will not contribute na for the enxt 4 yrs?

    Just trying to max out our money now. We can invest it soemwhere else kasi wala na rin nmn halos itataas dito.. or very minimal lang..

    Thanks in advance po

    • Hi Anna. The pension will be plus 1,000, so if you must add 1,000 from 1,200. Yes, you may invest it elsewhere if you really like, but of course with inherent risks. Thanks 🙂

    • Jose B.Saguban Link Reply

      Hi sir..ask lng po ako,56yrs old na po,still working at ang monthy hulog ko sa sss po ay 1040php 340 months contribution na po,how much po kaya ang monthly pension ko sir?thanks po sa sagot….

  • Arlene Padasas Link Reply

    Hi po, nag start ako maghulog sa sss ko nung 2018 ng 880 montly, 2019-2020 960 monthly. balak kong gawin 1800 na monthly ang contribution ko from now hanggang mag 120 months na hulog ko. then i stop ko na. magkno kaya magiging pension ko.

    Thank you 🙂

    • Hi Arlene. Kung plano mo na tapusin lang ang 120 contributions, nasa 40% ng AMSC plus Php 1,000 yung magiging pension mo. Keep in mind lang na it is just an estimate. Malayo at marami pang taon ang lilipas kung kaya’t madami pa ang pwedeng magbago sa computation ng SSS 🙂

  • Jane Link Reply

    Hi,I would like to ask if after 10 years ill stop my contribution then withdraw is that possible xe wr moving to other country and i guess ill just open other retiremnt plan etc xe konti lng makukuha pla ng pension sa pinas eh laki binabyaran a month ty

  • ray Link Reply

    This is sad. Pag-ibig has a higher pension for retirees and it’s not even enough.

    • Exactly Ray! That’s why we must really take retirement seriously. Imagine, after years of hard work, the pension you will be getting may not be enough to cover your daily expenses. It is why most retirees chose to either go back working or rely on the acts of mercy of their relatives.

      So while now, we are still young and healthy or in full capacity, we must do something for the future. Thanks 🙂

  • judy Link Reply

    Hello Sir,
    Thank you for the computation you presented.
    I would like to ask when will they use Computation 1, 2 and 3.
    I cant understand why retirement is computed using computation 1
    or 2 or 3.
    please apprise me
    Thank you very much.


    • Hi Judy. It is used to ensure a minimum benefit and also to give better benefits to those who will pay more than the minimum required premium and credited years of service. You have to use the 3 formulas whenever you are computing for your retirement benefits. Whichever gives the highest amount will be your retirement benefit. Thanks 🙂

  • Jen Link Reply

    Hi Federico, thanks for this very informative blog.. I learned a lot from here..

    I just wanna confirm something.. So as of the moment, I’ve got a total of 8yrs contribution with SSS having worked in various companies before, where my first 5 years got me an average monthly salary of 10k only while for my last 3yrs was 16k.. I resigned from my employment and have done some freelancing where salary is not that stable. Long story short, I stopped paying my SSS for 3 years now.. I have learned about the option of having a minimum of 10years sss contribution and I’m planning to just add 2 more years to my existing 8 years.. Now I learned here that they are going to consider the last 5years of my contribution in calculating pension when I get 60yrs old… So I was thinking to just pay the maximum 2400 monthly contribution (for 20k salary) for 2years as a voluntary member just to complete my 10years contribution then stop there. If I will do this, are they going to take into account my 3yrs of 16k salary + 2 years of 20k salary to get my AMSC even if there was a gap in between?

    • Hi Jen. They will just count your paid contributions and will neglect the gap. Thanks 🙂

      • Sheryl Tadeo Link Reply

        @Jen. Yes to get the AMSC, they’ll just get the average of your Monthly Salary based on your last 5 years of service. So be sure to pay the highest Contribution before your retire! 🙂

  • Mariet Link Reply

    Hi po Mr Federico
    Tanong q lang po pwede q pa po ba bayaran ng sss contri ang nanay q kahit 56yrs old npo mags start palang po thank you po

    • Hi Marinet. Pwede pa siyang mag register sa SSS. Maaring mag parehistro bilang myembro hanggang sa edad na 60. Salamat 🙂

      • Tanong Lang po.dati dito ako sa pinas nag trabaho sa isang company’s ,tumigil Ang hulog ko dahil nag close ,,9 years na ako nag hulog ,,,at ako nag abroad ,ofw ,,upang matuloy ang hulog ko ,,sa ngayon nasa 120 month na ako ..Ang hulog ko buwan buwan ay 1,760 , at sa ngayon ay sa 61 years na ako ..magkano po ba matatangap ko ..

        • You may go to a SSS branch for computations po. Or you may also compute for it using the steps above. Thanks 🙂

  • Dolly Link Reply

    Hello Federico, What is being used in computing the AMSC? Is it considering only the monthly contributions made during the last 5 years prior to retirement, even if contributions made was less than 60 months or is it considering the last 60 months or 5 years worth of contributions, assuming one’s contribution is on and off.

    Thank you.

    • Hi Dolly. It will depend on the case. If you only paid less than 10 years then you may not be eligible to receive the pension. Thanks 🙂

      • Dolly Link Reply

        Hello po, Thank you so much for you time and response. This site is very helpful to us. I have more than 120 months of contributions, but lately I am not able to contribute regularly on a monthly basis. I am contributing as a voluntary member.

        Thank you,

        • Dolly Link Reply

          In this case, will they base the AMSC on the number of contributions for the last 5 years or on the last 60 monthly contributions prior to retirement?

          I would appreciate your thought on this.
          Thank you.

          • It’s my pleasure. To answer your question, AMSC is based on your last 5 years of contribution. A credited year of service is a year wherein you contributed at least 6 months. I hope it helped you. Thanks 🙂

  • Dee Link Reply

    Hello Engineer,
    I am 27 yo now and voluntary paying my sss premiums. When I worked in a corporate company (2 1/2 years), my premiums were at maximum. I got unemployed after I had my first child. I am now freelancing and have started to pay my sss premiums voluntarily. I’m glad to have seen this post which was really well explained and very informative. I am actually after the pension amount. Is it okay to pay the minimum premiums for now just to achieve & sustain paying the more than 120 years of eligibility? Though I planned to pay more years than that, say until I turned 55 or 60. Say I sustained paying the minimum premiums for 20+ years. And then 5 years before I planned to retire, I will jump to the maximum bracket and pay the maximum premiums to avail the maximum pension I can get (given that I am still below age 55 to be able to jump ). Is my understanding, correct?

    Let me know if this is doable. 🙂 Thanks for your time!

    • Hi Dee. If you are after the pension then I think that is a great way to maximize it. However, if you do that then other benefits will be lowered like maternity benefit, accidental benefit, etc. Thanks 🙂

  • ian samonte Link Reply

    Tanong lang Federico, halimbawa if yung AMSC for the past 15 years is 20000 , then im working with other company but my AMSC is drop to 12000 . Magkano ba ang estimated na pension ang matatanggap ko when im retired . Is this still base on the last 5 years? or the SSS is not allowed to drop yung monthly contribution if nasa maximum ka na . Thanks boss !

  • Emily Link Reply

    Dear Sir Federico,

    Here is my contribution for SSS, Age 20 Monthly salary credit (MSC) is 1300 , Age 21- age 26 , MSC is 5000 , Age 27-Age 55 stop contribution, if Age 56-61 continue as voluntary by using 20,000 monthly salary credit , how much will be the monthly pension after Age 61 ? Thank you

    • Hi Emily. Is this something you plan to do? Your pension will fall on the 40% of your MSC based on the last 5 years. If we will be basing this in the future then it will change considering MSC will go up. But regardless of the change it will still be pegged at 40% of MSC if you will be paying for 10 years only. Thanks 🙂

  • Albert Tecson Link Reply

    Hi. I started contributing to the SSS last June, 2017, OFW status, and always the highest MSC. My bday is March, 1962. If I continue paying until I complete 10 years of contribution even after 65 y/o, how much pension, if I qualify at all, do I get? Thanks.

    • Hi Albert. You may use the formula 3 which is around Php 8,000 if you will complete the 10 years. Thanks 🙂

  • Jeng Balaoeg Link Reply

    Hi Mr.Suan,

    Nagstart ang SSS contribution ko ng 2009 (Feb-July) then stop work ako.
    Resume work year 2010 (June) – 2012 (Jan)
    Naging OFW nung 2012 (Feb) hindi ako nakapaghulog for 22months. nagstart lang ako ng voluntary contribution nung 2014 (Jan)
    Ang Credited Year of Service (CYS) ba is pinakasimula nung nag SSS contribution despite may mga lapses sa paghulog?

    • Hi Jeng. Sa pagkakaalam ko dapat magkaroon ka ng di bababa sa 6 na hulog sa isang taon para maging isang CYS. Salamat 🙂

  • Christine U. Alba Link Reply

    Hi Federico. If I met the 20 CYS, my AMSC is P5k but for my first 5 years of work my AMSC is P9k, will those earlier contributions count or only my AMSC for the latest 10 years, as per formula 1 (CYS-10) connotes?

  • Rizalino S. Oliver Link Reply

    Gud am sir ilan po ba ang pensyon if matatapos ko na sa may 2020 ang hulog ko na 550 for the past 10yrs. at mag start ako sa 2022?

    • Hi Rizzalino. Kung sa sampung taon po yung 40% po yung magagamit natin na formula. Pwede kayong makatanggap ng Php 2,800 kada buwan. Salamat po 🙂

  • Jonathan P Link Reply

    Maganda araw Federico!

    Sir mayroon po akong online account sa SSS same po kami ni misis. Yung bang Stimulated Computation Retirement (not sure kung yun ba ang term niya don kasi ang SSS hanggang ngaun) na nagbibigay ng estimated na pension mo pag naging 60 years old at 65 years old kana ay tama po ba? So kung tuloy tuloy lang ang contribution namin na php2,400 (unless mag taas ulit ang contribution sa SSS sa maximum amount pa rin kami) until ma reach namin ang 60 years old kung ano man ang lumalabas sa computation ng Stimulated Computation Retirement eh yun na po ba or malapit sa katotohanan?

    Salamat po!

    • Hi Jonathan. Medyo malapit naman sa katotohanan yung stimulated computation nila. Magkakatalo lang sa part na paibaba yung contribution mo sa loob ng 5 years dahil di ito kasama sa estimator nila. Pero kung more than 10 years pa naman bago kayo mag-retire then most likely dikit yung estimate nila provided na naka max ka at same amount yung contributions mo sa last 5 years. Salamat 🙂

  • Antonio andales Link Reply

    Hi good morning tanong ko lang po mag kano po makuku kong pension if nakapag contributions po ako ng 17 years..
    At gusto ko po sana na i take all nalang lahat mag kano po

    • Hi Antonio. This is from what I know, you are not allowed to that. However, you may advance the first 18 months as lump sum of your pension. Not unless you decided to migrate to another country. Thanks 🙂

  • Eduardo Link Reply

    hi. matagal na akong hindi nakahulog sa sss ko. isa akong ofw. mag 50yrs old na ako next month. gusto ko sanang ituloy ang contribution ko. sa amount na 1,200 monthly till mag retired ako. plan ko pa mag work as ofw till 60-62 if God is willing. possible ko bang maipagpatuloy ang contribution ko with my planned amount monthly. at kung possible pa ,pede mo ba akong tulungan pano i calculate ang magiging pension ko. hindi ko kase tlga makuha pano kwentahin. salamat kabayan.

    • Hi Mr. Eduardo. Kung nakasampung taon ka ng nagbabayad ng SSS pwede po kayo makakuha ng Php 5,000 monthly pension. Salamat 🙂

  • Redentor Carino Link Reply

    My contribution is 199,313 I am an OFW (seaman) I have 150 months of contribution can you kindly compute my retirement pension thanks.

    • Hi Redentor. I think I cannot help you with your concern. As total contribution is not used in any formula to compute SSS pension. If you happen to know your AMSC from the last 5 years then you may use the 3rd formula. Thanks 🙂

      • Hi Federico. Ask ko lng po sna nagstart sa sss 2009 ako po ay 12years na sa sss contibution,ung agency pa po ako maliit palang ang hulog then after 2012 naregular na po ako at tumaas ng tumaas 2400 ang monthly contribution ko nitong april 2019 so panu po sya ico2mpute? then now nman po ang monthly salary 19k na po sya panu sya icompute?

        • Hi Priscilla. Kung paibaba ang sahod mo, ang average ng last 60 monthly salary credit ang gagamitin sa pag compute ng retirement benefit. Salamat 🙂

  • ELY L GUIAO Link Reply

    Hi Sir good day! Ask ko lang po, I’m 58 y.o. now and planning to retire @ the age of 60. SSS member ako at naghuhulog since 1979 pero meron year i think mga 8 years ako na stop sa hulog and now i am employed and presently contributing 2400 php a month. Mga magkano estimated pension ko monthly if i will retire @ 60 option 1, 65 years old Option 2. Thanks…

    • Hi Ely. In your case, formul1 #1 will give the highest pension. If you plan to retire at age 60 with 35 CYS your pension will approximately be Php 14,300. If ever you decided to retire at age 65 it will be Php 16,300.

      Please also note that these are just approximation and actual value will depend on the actual contribution paid. I did not also account your previous MSC and the future changes in contribution schedule.

      I hope it helped you. Thank you 🙂

  • Geraldine Salazar Link Reply

    I am an ofw, paying P2400 monthly contribution, now has a total of 189 contributions. started contributing 1991 till 2001 (employment in the philippines), stopped may 2001 till 2011 (being ofw), resumed paying since 2012. Will the 10 years (2001-2011) of not contributing affect the computation of my retirement? will retire in 11 years (60 years old), how much will my monthly pension be? thanks

    • Hi Geraldine. Yes, it has an indirect effect considering the number of years you missed paying the contribution. Since credited years of service is affected, formula #1 will give you almost the same value as the formula #3. Thus, the only way to increase your pension is not on how long you are going to pay but the average of your last 5 years of contribution. Thanks 🙂

  • mary grace opido Link Reply

    hi sir ask ko lng how much makukuha naming sa death claim ng momy ko.7,200 monthly ung pension nya bale naka lumpsum sya ng 18months then after nyan start sya ng pension uli nung dec 2018.namatay sya march 18 2019 so ung total na nareceive nya na pension nya is 21 months only.ung remaining 39months po ba na pension nya na 7k monthly makukuha naming ng buo.kami na lng ng kapatid ko ang beneficiary nya wala na father,lolo at lola ko.thank you

    • Hi Mary Grace. Meron pa bang minor sa inyo naka depend sa mommy niyo? Or Buhay pa si Daddy? If yes, magtutuloy lang ang pension. Kung wala na, tigil na din yung pension. Salamat 🙂

  • Rufina Link Reply

    Good day sir.
    I’m an ofw,38 years old and I’m paying P2,400 monthly contribution.How much pension shall I get?

  • Jay-R Link Reply

    Greetings! Sir, medyo po naguluhan po ako sa 1st formula. Base on your example ang nakuha ko po answer is 21,300
    (20000 x .2) 4,000.00
    (.02 x 20,000 x 20yrs) 16,000.00
    approved increased 1,000.00
    GRAND TOTAL 21,300.00
    Pwede po makuha in details ung 17,300 na sagot nyo?
    Thanks po & God bless!


    • Hi Jay-R. You can check the info below the picture. Ganito ko siya ginawa:

      Monthly Pension= 300 + 20k (20%) + 20k (2%) (30) + 1000 = Php 17, 300

      Salamat 🙂

  • Delia Link Reply

    Good day Sir, ask ko lang may kaibigan kasi ako nag 60 last year may 160 total number of contributions displayed 131 total number of contributions not displayed a total of 291 months at ang contribution nya po ay nag range ng about 630- 1,560 yung last 7 yrs with total contibution of 155,909.50. Magkano daw po yung magiging monthly pension nya dapat nun? thank you po.

    • Hi Ms. Delia. With the given info I think it is best to go to a SSS branch near you and ask them for computation. Thank you 🙂

  • Ramil Link Reply

    Sir Deric,
    Tanong ko lang po, paano ang computation if and AMSC from start of contribution ay paiba iba..for example 30 years ago ang salary e 4500 pesos and then nag pa iba iba ka ng company at lumalaki na rin and salary mo hanggang naka pag abroad ka at sumusweldo ka na ng higit 100,000 pesos. alin po ba nag basehan sa pag compute para makuha mo yung pension payment mo..sabihin na natin na 10 years ka nakapag bayad ng SSS..maraming salamat po..Good day..

  • riza loqui Link Reply

    Could you suggest any investment plan that could beat the P240-600 monthly premium that SSS offers?

  • Yhang Link Reply

    Hi Sir. Thank you for creating this page, this is really helpful.
    My question is, what do you recommend to employees whose contribution back in 1990 is missing or is not posted in SSS website. The company is already a dissolved company, so ano po habol ng employee. What proof can he present to SSS that he has indeed contributions during that year? Should there be no way to prove his contributions, and he wanted to increase his CYS, can we pay voluntarily or let go na lang since naka 120 contributions naman na sya.

    Thanks in advance for taking time to answer my question. God bless.

    • Hi Yhang. If you have anything to prove your claims like pay slip or ITR then I think it will help you with your concern. If you are after in increasing your retirement benefit then what you can do is to increase your SSS contribution and not the CYS (you need at least 19 CYS to increase your pension thru CYS). Thank you 🙂

    • AC Martin Link Reply

      Sir, 33 years na akong contributor maximum. P2,400 monthly. Magkano kaya ang pension ko. Thankyou

  • Rose Link Reply

    Hi Federico. I think Formula 3 should be Php9000?

  • Emelyn Corpin Link Reply

    Hi i would like to ask about my SS contribution tho. I had some related problem that ive reading your blog, Eventually my concern are as follows; since i have 131 contribution already & I’ve reach 16k MSC. Now i plan to stop paying coz im
    Migrating here in USA and the reason also i have my VUL maxilink plan for 10yrs and im in 2yrs now and this is i want to continue paying till my maturity date. So Is there no problem with that if I stop paying my sss cont.? Can i still have 8,600 plus monthly pension sal? Also i have my flexifund very small amount only and i pay only once , still i able to get it whenver i want? Btw im OFw in macau for almost 11 yrs.And now here in US i have my new ss acount to pay. Thats why i plan to stop paying . .
    Thank you and more power to you Sir kudos to you.

    • Hi Emelyn. If you have MSC of 16k then your monthly pension can be Php6,400 plus 1k or Php 7,400 based on the newly approved Social Security Act. I agree, you have a lot of things to settle and it can be a bit burdensome to monitor so maybe, for now, you can stop paying your SSS contribution but you can still resume in the future to maximize your pension since maximum MSC will eventually increase to Php35,000. Thanks 🙂

      • aya Link Reply

        kelan po magtataas ng MSC to 35k? kasi I was planning for an early retirement sna, ngyon kasi base sa april 2019 table nai-adjust ko na sa max ung monthly contribution ko which is 2400php, and targeting to retire when I reached 20yrs of service which is 6yrs from now. bka po kasi in the middle of my 6yrs plan dun magtaas eh di dagdag yrs pa ko pra lang mamaximize ko ung benefits ko?
        dhil sinasabi po 60 contributions prior to retirement.

        20yrs & 20,000 AMSC:
        base on the formula given:
        F#1 – 7700php
        F#3 – 7400php
        is F#1 applicable to 20yrs of service?

        same case with Emelyn, I have both Sunlife maxilink bright(paid in advance) and flexilink(yearly) and Balanced Fund also with Sunlife, I do not want to rely alone with the SSS pension because I wanted to enjoy my life with my family, but I am considering of maximizing my options.

        • Hi Aya. Every other year po ang increase until 2025. Baka di na po kayo abutin ng 35k MSC pero you can still maximize your pension if mag max contribution ka every time mag increase yung MSC.

          For your 2nd concern, magagamit mo lang po yung F#1 if CYS is more than 20 yrs po. Thank you 🙂

  • Kristine Link Reply

    Hi, for non-working spouse whose monthly contribution is 2400 per month, considering total contributions of 120 months, how much is the estimated monthly pension at 60 y/o?


    • Federico Suan, Jr. Link Reply

      Hi Kristine. You may use formula 3. Thanks 🙂

  • Erwin Maciado Link Reply

    Sir, for example, i already finished 120 months contribution and my contribution is 550. if I stop contribute how much will be my pension? what advice can you give me?

    • Federico Suan, Jr. Link Reply

      Hi Erwin. Because you only paid 120 months you may use formula 3. Using that your pension will be Php 2,800 (Php 1,800 + Php 1,000). Thanks 🙂

  • Hi Sir. I will be turning 33yrs. of age, my 1st question is what if I want a 20,000 Pension a month during retirement so how much do I need to start contributing to the SSS monthly as an OFW. And how many yrs is the maximum to allowed to pay a head of time? e.g can i pay my contribution for the next 5 consecutive yrs.? tnx

    • Federico Suan, Jr. Link Reply

      Hi Alvin. SSS does not allow advance payment of contribution unless you are an OFW. As per the pension, I think this is doable because at the year 2025 MSC will settle at 35k. Thank you 🙂

  • Ralph P. Link Reply