SSS Guide: Contributions, Benefits, Loans and Pension

Start here if you are new to SSS

Most SSS problems start with two things: not knowing what your deduction pays for, and not having a working My.SSS account. So read these first, before you need a loan or a benefit.

• What your monthly SSS deduction already pays for: the six benefits behind it.
• How your SSS contribution is computed, including the employer share you never see on your payslip.
• Getting your SSS number online, for first-time members.
• Checking your posted contributions on My.SSS, so a missing month does not surprise you at claim time.
• Unlocking a My.SSS account after a forgotten password or too many wrong logins.

Find your guide by member type

Your membership type decides how you pay and what you can claim. However, the rules for employees, freelancers and OFWs are not the same.

• Self-employed or voluntary: start with the guide for self-employed and voluntary members. Then read why you cannot pay for months you already missed.
• OFW: see how OFWs register, pay and claim from abroad, and how to pay online with a PRN.
• Two SSS numbers: merge them before you file any claim.
• New name, spouse, child or bank: update your SSS records online.

SSS benefits you can claim

These benefits come from the same contributions. Therefore, check that your posted months are complete before you file.

• Maternity benefit: how much you get, what to prepare, and how to file online.
• Sickness benefit, and the reasons claims get rejected.
• Unemployment benefit after an involuntary job loss.
• Disability benefit, including filing from abroad.
• Death benefit for the family left behind.

SSS loans

SSS has a different loan for each situation, and each one has its own rules on who can borrow. Meanwhile, the loan balance you already have affects what you can take next.

• Salary loan: how much you can borrow and how to apply online.
• Calamity loan for members in a declared calamity area.
• LoanLite, the small loan you apply for in a bank app.
• Pension loan for retirees and surviving spouses.
• Checking your current loan balance in My.SSS.

Retirement and pension

Your pension depends on your years of contributions and your salary credit. So the earlier you check, the more time you have to fix gaps.

• Computing your retirement pension with the three SSS formulas.
• Applying for your pension online once you qualify.
• The yearly pension increase, and how to check if you got it.
• MySSS Pension Booster or Pag-IBIG MP2: which extra savings fits you.

Also on WisePH: our Pag-IBIG guide and PhilHealth guide. For the newest SSS updates, see the latest SSS posts.