1/28/2018

 

Please Compute My SSS Monthly Pension?

Here's another question about SSS monthly pension:



Ask ko if tama sss pension ng uncle ko.
CYS:35
AMSC:8,766
COVERAGE:1966-2006
HOW MUCH THE EXACT TOTAL AMOUNT OF PENSION EVERY MONTH.
THANK YOU

Please remember that this SSS pension amount below is only an estimate amount, based on the data you sent me.

Your uncle's estimated SSS monthly pension is  7,136.20.

How did I compute it?

I used the formula that resulted in the highest SSS monthly pension amount:

300 pesos

plus 20% of AMSC

plus 2% of AMSC x CYS in excess of 10

= your SSS pension


300
+ 0.20 x AMSC
+ 0.02 x AMSC x (CYS minus 10)
= SSS monthly pension


300
+ 0.20 x 8,766
+ 0.02 x 8,766 x (35-10)

300
+ 1,753.20
+ 4,383
= 6,136.20

Na-approve na under Pres. Duterte's administration at ibinibigay na yong 1,000-peso additional amount sa monthly pension:

 6,136.20 + 1,000
= 7,136.20


The other SSS pension formula resulted in a lower amount:

40% of AMSC = your SSS pension
0.40 x 8,766 = 3,506.40

3,506.40 + 1,000 = 4,506.40 

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