How Much Will Be My Father's SSS Pension?

QUESTION from Jason:

Hi Mrs. Nora, may I ask how much SSS pension will my father get. My father had paid 120 monthly SSS contributions for almost 15 years ago. I don't know how much he paid that time of his employment but let's say the lowest amount to be paid.

Now, he's 56 years old and has started paying SSS contributions again last August 2014 after turning 56. He has been paying 300 pesos per month as self employed because he no longer has work. How much pension would he get at the age of 60? Thanks in advance for your reply :)


Hi Jason, did you mean 330 pesos? Because there's no 300-peso monthly contribution in the latest SSS contribution table.

The monthly salary credit for the 330-peso monthly contribution is 3,000 pesos.

If your father continues to pay 330 pesos monthly until he turns 60, his average monthly salary credit (AMSC) will be 3,000 pesos.

We will use this SSS formula:
300 plus 20% x AMSC plus (2% x AMSC) x (Credited No. of Years of Contributions minus 10)
300 plus 20% x AMSC plus (2% x AMSC) x (15 minus 10)
300 plus .20 x 3,000 plus (.02 x 3,000) x 5
300 plus 600 plus (60 x 5)
300 plus 600 plus 300

We will use another SSS formula:
40% x AMSC
40% x 3,000
.40 x 3,000

SSS uses 3 formulas to compute SSS pension. The highest result will be chosen as the monthly SSS pension.

The 2 formulas that we used gave the same results.
The 3rd formula, the one we did not use, is for those who have contributed  a lower amount for more than 20 years.

Your father's monthly pension will be 1,200 pesos

To get a higher pension, your father can increase his monthly contribution by 1 or 2 brackets per month until he reaches the bracket that he wants. The increase should not be more than 2 brackets.

If he wants to increase beyond the 10,000-peso monthly salary credit, he should increase his monthly contribution by only 1 bracket after reaching the 10,000 salary credit.

Question from Jason Baquiler was posted on April 6, 2015 on the Comments section of my workingpinoy.com post "SSS Contribution Table 2014, Self-Employed, Voluntary, OFW Members."


  1. Good Day !!

    I am Hwa Jurong, a Reputable, Legitimate & an accredited money
    Lender. I want to use this medium to inform you that i render reliable beneficiary
    assistance as I'll be glad to offer you a loan at 2% interest rate to
    reliable individuals.

    Services Rendered include:

    *Home Improvement
    *Inventor Loans
    *Car Loans
    *Debt Consolidation Loan
    *Line of Credit
    *Second Loan
    *Business Loans
    *Personal Loans
    *International Loans.

    Please write back if interested.
    Upon Response, you'll be mailed a Loan application form to fill. (No social
    security and no credit check, 100% Guaranteed!) I Look forward permitting me to
    be of service to you. You can contact me via e-mail: hwa_jurong@yahoo.com.sg or hwajurong12@gmail.com
    Yours Sincerely,

    Hwa Jurong(MD).

  2. I am Mrs.Sandra Bents from Germany, God has bless me with two kids and a loving husband, I promise to share this Testimony because of God favor in my life,2months ago I was in desperate need of money so I thought of having a loan then I ran into wrong hands who claimed to be a loan lender not knowing he was a scam. he collected 2,000USD from me and refuse to email me since. then I was confuse, but God came to my rescue, one faithful day I went to Court after the Case of my friend I share idea with a friend and she introduce me to AMACO LOAN COMPANY, she said she was given 50,000USD by MR AMACO , THE MANAGING DIRECTOR OF AMACO LOAN COMPANY . so I collected his email Address ,he told me the roles and regulation and I followed, then after processing of the Documents, he gave me my loan of 30,000POUNDS .you can contact him on via email : (amacoloancompany@gmail.com) I am sure he will help you

  3. Good Day,
    Are you in need of financial assistance? Have you thought of obtaining a loan? Probably you have been turned down by your local banks in quest of getting a loan. Search no further, we are currently offering long and short term loans to the public at large. We can help you with a loan at a very low interest rate.Email us Now zumaloans@mail.com or zumaloans@gmail.com


  4. Finding a genuine provider of financial instrument is very challenging but we are certified Financial Instrument providers in United Kingdom. Presently, we only focus on BG/SBLC for Lease and Sale transactions. However, our Lease BG/SBLC is 4+1% and Sale at 32+2%.

    Should you find this interesting and acceptable? Kindly, contact us and we shall review and respond with draft Contract/MOU within 48hrs maximum.

    Please request for full procedure details if interested.

    For further inquiry contact:
    Name : Ciaran Sheridan
    E-mail : ciaransheridan453@gmail.com
    Skype id : ciaransheridan453@gmail.com

  5. I got my already programmed and blanked ATM card to withdraw the maximum of $400,000 MONTHLY , $20,000 daily for a maximum of 4 MONTHS. I am so happy about this because i got mine last week and I have used it to get $140,000 already. CLIFFORD JACKSON Hackers is giving out the card just to help the poor and needy though it is illegal but it is something nice and he is not like other scam pretending to have the blank ATM cards. And no one gets caught when using the card. get yours from CLIFFORD JACKSON Hackers today! Just send an email to cliffordhackerspays@gmail.com.

  6. We offer certified and verifiable bank instruments via Swift Transmission from a genuine provider capable of taking up time bound transactions.


    Instruments :Fully Cash Backed, Fresh Cut Bank Guarantee(Standard ICC format)
    Age :One (1) years and One (1) day
    Rate :Leasing: 3+2, Purchase: 32+2
    Currency :USD/Euro
    Bank :Top A Rated banks
    Amount :As Advised by Beneficiary
    Intermediary Fees : Two Percent (2%) of Face Value payable by Beneficiary
    Tranches : As per agreed tranches schedule
    Delivery : Swift MT799/MT760
    Payment : Swift MT103 (Wire Transfer)

    Contact Name: Alex James
    Skype ID:charmfinanceplc11


Copyright © PhilippinesQA | Powered by Blogger Design by ronangelo | Blogger Theme by NewBloggerThemes.com