What is exact and what is an estimate
- Exact: the three formulas, the ₱1,000 additional benefit, the ₱20,000 AMSC cap, the 120-contribution rule and the dependents' pension (RA 11199; Circular 2024-006; the ₱1,000 per the SSS retirement page, since 1 January 2017).
- Estimate: your AMSC, which SSS computes from its own records.
- Estimate: the 2025–2026 increases are added only for an existing pensioner, as a range when two tranches apply (Circular 2026-002 doesn't say if tranches compound); the lump sum uses today's 15% rate, without SSS's unpublished interest.
- Not captured: the 18-month advance discount, your MPF balance, the Pension Booster.
Results are planning estimates. The agency's own records and computation govern: posted contributions, the exact salary credits on file and rounding can change the figure. SSS is the only authority on your benefit or loan.
Quick answer
SSS pays a monthly pension if you have at least 120 monthly contributions and are 60 and no longer working, or 65. The basic pension is the highest of ₱300 + 20% of your average monthly salary credit (AMSC, capped at ₱20,000) + 2% of AMSC for each credited year over 10; 40% of AMSC; or a ₱1,200/₱2,400 minimum. Then add ₱1,000. A ₱20,000 AMSC with 25 years gives ₱11,300.00 a month. Fewer contributions get a lump sum (RA 11199 Sec. 12; SSS, as of November 2026).
Key points
- Below 120 contributions: a lump sum, not a pension, unless you keep paying.
- Only salary credits up to ₱20,000 count; the rest builds your MPF account.
- At the cap, each year over 10 adds ₱400, from year 20; before that the 40% floor wins.
- Pensions already being paid rise 10% in 2025, 2026 and 2027 (Circular 2026-002), not future pensions; the 2026 tranche started 1 June 2026.
- Plus a 13th-month pension each December and 10% (minimum ₱250) per child, up to 5.
On this page (14)
- SSS pension computation: the three formulas
- SSS pension table by salary credit and years of service
- How to compute SSS pension: worked example
- How years of service change your pension
- SSS retirement age and who qualifies
- SSS lump sum if you have fewer than 120 contributions
- 13th-month pension, dependents' pension and the 18-month advance
- SSS maximum pension: the arithmetic
- SSS pension increase 2026 and the 2025–2027 schedule
- MPF vs regular SSS pension
- Retirement plan Philippines: is the SSS pension enough?
- Common SSS pension mistakes
- Frequently asked questions
- Sources and references
Data used in this calculator
In force 2026Planning estimate- Formula
- Highest of ₱300 + 20% AMSC + 2% AMSC × (CYS − 10); 40% AMSC; ₱1,200 (10+ CYS) or ₱2,400 (20+ CYS); (RA 11199 Sec. 12); plus the ₱1,000 additional benefit since 1 January 2017 (SSS retirement page)
- AMSC cap
- ₱20,000 for regular SS benefits (Circular 2024-006 II.B.1)
- Eligibility
- 120 contributions; age 60 if separated, 65 in any case (SSS retirement benefit)
- Increases
- 10% retirement/disability, 5% survivorship in 2025, 2026 and 2027 (Circular 2026-002, 20 April 2026)
Last verified against the issuances on November 12, 2026. Report an error on this page.
SSS pension computation: the three formulas
SSS computes three amounts and pays the highest, then adds ₱1,000. Here they are for a ₱20,000 AMSC and 25 credited years.
| Option | Formula | ₱20,000 AMSC, 25 years |
|---|---|---|
| 1. Service formula | ₱300 + 20% × AMSC + 2% × AMSC × (years − 10) | ₱10,300.00 |
| 2. Floor | 40% × AMSC | ₱8,000.00 |
| 3. Minimum | ₱1,200 with 10–19 years; ₱2,400 with 20+ | ₱2,400.00 |
| Pension paid | Highest option + ₱1,000 | ₱11,300.00 |
Source: RA 11199 Sec. 12; SSS retirement benefit page. As of November 2026.
AMSC: the higher of your last 60 salary credits ÷ 60, or all credits ÷ months paid (RA 11199 Sec. 8(m)), capped at ₱20,000. A credited year has at least 6 contributions (Sec. 8(q)). Costs per credit: SSS contribution calculator.
SSS pension table by salary credit and years of service
| AMSC | 10 yrs | 15 yrs | 20 yrs | 25 yrs | 30 yrs | 35 yrs | 40 yrs |
|---|---|---|---|---|---|---|---|
| ₱10,000 | ₱5,000 | ₱5,000 | ₱5,300 | ₱6,300 | ₱7,300 | ₱8,300 | ₱9,300 |
| ₱15,000 | ₱7,000 | ₱7,000 | ₱7,300 | ₱8,800 | ₱10,300 | ₱11,800 | ₱13,300 |
| ₱20,000 | ₱9,000 | ₱9,000 | ₱9,300 | ₱11,300 | ₱13,300 | ₱15,300 | ₱17,300 |
Monthly pension with the ₱1,000, before the 2025–2027 increases. Computed from RA 11199 Sec. 12. As of November 2026.
How to compute SSS pension: worked example
- 1
Option 1: ₱300 + ₱4,000 + ₱400 × 15 = ₱10,300.00
20% of ₱20,000, plus 2% of ₱20,000 for each of the 15 years over 10.
- 2
Option 2: 40% × ₱20,000 = ₱8,000.00
Lower, so Option 1 wins.
- 3
Add ₱1,000: ₱10,300.00 + ₱1,000 = ₱11,300.00
Monthly pension, 25 credited years
₱11,300.00
Plus a 13th-month pension of ₱11,300.00 each December: ₱146,900.00 a year. The 2025–2027 increases go only to pensions already being paid at each cut-off (see the schedule below), so they are not added to a future pension.
| Credited years | Option 1 | Option 2 | Winner | Monthly pension |
|---|---|---|---|---|
| 15 | ₱6,300 | ₱8,000 | Option 2 | ₱9,000 |
| 25 | ₱10,300 | ₱8,000 | Option 1 | ₱11,300 |
| 35 | ₱14,300 | ₱8,000 | Option 1 | ₱15,300 |
AMSC ₱20,000, retiring at 60 and separated. Computed with this calculator's own formulas.
How years of service change your pension
Monthly SSS pension by credited years of service
With the ₱1,000, before the 2025–2027 increases
- AMSC ₱10,000
- AMSC ₱15,000
- AMSC ₱20,000
| Point | AMSC ₱10,000 | AMSC ₱15,000 | AMSC ₱20,000 |
|---|---|---|---|
| 10 yrs | ₱5,000 | ₱7,000 | ₱9,000 |
| 15 yrs | ₱5,000 | ₱7,000 | ₱9,000 |
| 20 yrs | ₱5,300 | ₱7,300 | ₱9,300 |
| 25 yrs | ₱6,300 | ₱8,800 | ₱11,300 |
| 30 yrs | ₱7,300 | ₱10,300 | ₱13,300 |
| 35 yrs | ₱8,300 | ₱11,800 | ₱15,300 |
| 40 yrs | ₱9,300 | ₱13,300 | ₱17,300 |
SSS retirement age and who qualifies
Everyone needs 120 monthly contributions before the semester of retirement. The optional age needs you to have stopped working; the technical age applies whether you work or not.
| Member group | Optional (separated) | Technical | Basis |
|---|---|---|---|
| Most members | 60 | 65 | RA 11199 Sec. 12-B |
| Underground and surface mineworkers (mining companies) | 50 | 60 | RA 10757 (replaced the age 55 under RA 8558) |
| Racehorse jockeys | – | 55 | RA 10789 (per the SSS retirement page) |
Source: SSS retirement benefit page; RA 11199 Sec. 12-B; RA 10757 (mineworkers need 5 years in mining for age 50). As of November 2026.
A pensioner under 65 who goes back to work has the pension suspended (Sec. 12-B(c)). File the claim online through My.SSS.
SSS lump sum if you have fewer than 120 contributions
“…a lump sum benefit equal to the total contributions paid by him and on his behalf”
- Contributions short of a pension
- 20
- Estimate: 15% × ₱10,000 × 100
- ₱150,000.00
About ₱150,000 once, no monthly pension
The SSS retirement page adds interest, at an unpublished rate. Our figure uses today's 15% rate, so it runs high for years at 12–14%. Paying the 20 missing months as a voluntary member gives a pension of at least ₱5,000 a month at a ₱10,000 AMSC.
13th-month pension, dependents' pension and the 18-month advance
| Extra | Rule | ₱20,000 AMSC, 25 years |
|---|---|---|
| 13th-month pension | Paid every December | ₱11,300 |
| Dependents' pension | 10% of the formula pension (before the ₱1,000) or ₱250, whichever is higher, per child under 21; up to 5, youngest first | ₱1,030 per child; ₱13,360 with 2 children |
| 18-month advance | First 18 pensions as a discounted lump sum, chosen on the first claim | ₱203,400 before SSS's discount |
| 60-month guarantee | Paid for at least 60 months; with no primary beneficiaries, the unpaid balance goes to secondary beneficiaries | 60 × ₱11,300 = ₱678,000, less pensions paid |
Source: RA 11199 Secs. 12, 12-A, 12-B; SSS retirement benefit page. SSS does not publish the advance discount rate. As of November 2026.
SSS maximum pension: the arithmetic
- Option 1 at 10 years, AMSC ₱20,000
- ₱4,300
- Each credited year over 10
- +₱400
- At 40 years
- ₱16,300
- Plus ₱1,000
- ₱17,300
- Only if already a pensioner before September 2025: with the 2025 and 2026 increases
- ₱20,760–₱20,933
₱17,300 a month at 40 years for a new pension (no increase applied)
With the AMSC capped at ₱20,000, only credited years keep raising the pension, by ₱400 each.
SSS pension increase 2026 and the 2025–2027 schedule
| Effective | Who gets it | A ₱11,300 pension after the change |
|---|---|---|
| 1 January 2017 | ₱1,000 additional benefit for all pensioners | ₱11,300 |
| 1 September 2025 | +10% retirement/disability, +5% survivorship | ₱12,430 |
| 1 June 2026 (pensions as of 31 May 2026) | +10% / +5%, moved up from September | ₱13,560–₱13,673 |
| 1 September 2026 | +10% for pensions that started 1 June–31 August 2026 (2026 tranche only; they started after the 2025 cut-off) | ₱12,430 |
| 1 September 2027 (scheduled) | +10% / +5%, final tranche | ₱14,690–₱15,040 |
Source: SSS Circular 2026-002 (20 Apr 2026), which replaced Circular 2025-005; SSS relief release, 16 Apr 2026. Ranges: added to the base vs compounded. As of November 2026.
The increase applies to the whole pension, including the ₱1,000; the dependents' pension follows. Each tranche goes to pensions already being paid at its cut-off: the September 2025, 1 June 2026 and 2027 rows assume a pension paid since before September 2025. The circular doesn't say whether tranches compound, so we show both. A pension that starts after 31 August 2026 gets no tranche until it is in payment at a later cut-off (31 August 2027 for the final one), and SSS has not said how later pensions are computed — so the calculator adds no increase to a future pension. Ask SSS for your own figure.
MPF vs regular SSS pension
| Regular SSS pension | MPF (mandatory) | MySSS Pension Booster | |
|---|---|---|---|
| Funded by | Contributions on MSC up to ₱20,000 | Contributions on MSC above ₱20,000, up to ₱35,000 | Voluntary, from ₱500 a payment |
| Benefit | Formula above, for life | Your account: contributions plus net investment income | Your account; 6.83% average return in 2025 |
| Paid as | Monthly pension | Account value at retirement, disability or death | Pension, lump sum or both, tax-free |
Source: Circular 2024-006 II.B; MySSS Pension Booster page; SSS release, 22 Jun 2026. As of November 2026.
Retirement plan Philippines: is the SSS pension enough?
It depends on your pay. Because of the ₱20,000 cap, the pension replaces a shrinking share of salary as pay rises.
| Monthly salary | Pension after 30 years | Share of salary |
|---|---|---|
| ₱15,000 | ₱10,300 | 69% |
| ₱20,000 | ₱13,300 | 67% |
| ₱35,000 | ₱13,300 | 38% |
| ₱50,000 | ₱13,300 | 27% |
Assumes salary credit = salary (up to the cap) all career, before the 2025–2027 increases. Computed with the calculator.
Fill the gap in layers: retirement pay from your employer under RA 7641; Pag-IBIG MP2, which paid 7.12% for 2025 (declared by Pag-IBIG, reported by GMA News / PNA, 27–28 Feb 2026 (official circular not yet published)); and the MySSS Pension Booster. More on the SSS hub and all benefits.
Common SSS pension mistakes
| Mistake | What happens | Do this instead |
|---|---|---|
| Using your salary instead of the AMSC | Pension overstated | Use salary credits, capped at ₱20,000 |
| Using an AMSC above ₱20,000 | Overstated by thousands | Extra MSC goes to the MPF |
| Retiring with 119 contributions | Lump sum, no pension | Pay the missing months first |
| Mixing up the lump sum and the 18-month advance | Wrong choice at filing | The advance is for pensioners only |
| Working again before 65 | Pension suspended | Wait until 65 or report it |
Buod sa Tagalog
Makakatanggap ka ng buwanang pensyon sa SSS kung may 120 hulog ka at 60 anyos ka na at hindi na nagtatrabaho, o 65 anyos. Sa AMSC na ₱20,000 at 25 taong hulog, mga ₱11,300 kada buwan ang pensyon, kasama ang ₱1,000. Kung kulang sa 120 ang hulog, lump sum ang matatanggap mo.
Frequently asked questions
+How much SSS pension will I get after 10 years?
With exactly 120 contributions over 10 credited years, the 40% floor usually wins: ₱9,000 a month at a ₱20,000 AMSC and ₱5,000 at ₱10,000, both including the ₱1,000. The 2025 and 2026 increases add 20%–21% for a pension already being paid.
+How is the AMSC computed?
SSS takes the higher of two averages: your last 60 monthly salary credits before the semester of retirement ÷ 60, or all your salary credits ÷ the months you paid. Salary credits above ₱20,000 are left out of the regular pension, because that part went to the MPF.
+How many contributions do I need for an SSS pension?
120 monthly contributions paid before the semester of retirement. With fewer, you get a lump sum of your total contributions (SSS says plus interest) instead of a monthly pension. You can also keep paying as a voluntary member until you reach 120, then claim the pension.
+Can I get my SSS pension at 60 if I am still working?
No. At 60 to 64 you must have stopped working or closed your business. From 65 the pension is paid whether you work or not. If a pensioner under 65 is re-employed, SSS suspends the pension. Mineworkers and jockeys have lower ages; see the table above.
+How is the SSS pension of a voluntary member computed?
The same way as for employees: the three formulas, the AMSC from your posted salary credits and the same 120-contribution rule. Only months actually paid count, and a calendar year counts as a credited year only with at least 6 contributions, so gaps lower both your AMSC and your years.
+Can I receive the SSS pension in advance?
Yes. On your first claim you can take the first 18 monthly pensions as one discounted lump sum; monthly payments then start in month 19. SSS sets the discount rate and does not publish it, so the calculator shows the undiscounted 18 months (₱203,400 on a ₱11,300 pension).
+What happens to the SSS pension when the pensioner dies?
The dependent spouse and children, as primary beneficiaries, receive a survivor's pension under SSS death benefit rules; survivorship pensions get 5% increases in 2025–2027. If there are no primary beneficiaries and death comes within the first 60 months, secondary beneficiaries get a lump sum for the remaining guaranteed months.
+Do SSS pensioners get a 13th-month pension?
Yes. SSS pays a 13th-month pension every December, a practice in place since 1988. The calculator counts it as one extra month of the basic pension plus the ₱1,000, without the dependents' pension, so a ₱11,300 monthly pension adds up to ₱146,900 a year.
+How much is the SSS pension increase in 2026?
10% for retirement and disability pensions and 5% for survivorship, from 1 June 2026 for pensions in payment by 31 May, and 1 September 2026 for pensions starting 1 June–31 August (SSS Circular 2026-002). It follows 10% in September 2025; a final 10% is due 1 September 2027.
+Is the SSS pension enough to retire on?
For lower earners it replaces a large share of pay; for higher earners, rarely. After 30 years, a ₱15,000 earner gets about 69% of salary, but a ₱35,000 earner gets about ₱13,300, or 38%, because only ₱20,000 of salary credit counts. Add employer retirement pay, Pag-IBIG MP2 and the MySSS Pension Booster.
Sources and references
- RA 11199 (Social Security Act of 2018) — Secs. 8(m) AMSC, 8(q) credited years, 12 formula, 12-A dependents, 12-B retirement and lump sum (checked November 12, 2026)
- SSS Retirement Benefit page — eligibility, ages, lump sum plus interest, 13th month, 18-month advance, ₱1,000 additional benefit (checked November 12, 2026)
- SSS Circular 2026-002 — Pension Reform Program 2025–2027, 20 April 2026 (checked November 12, 2026)
- SSS Circular 2025-005 — original Pension Reform Program, 28 July 2025 (checked November 12, 2026)
- SSS Circular 2024-006 — ₱20,000 MSC cap for regular benefits; MPF account (checked November 12, 2026)
- SSS relief programs release, 16 April 2026 — 2026 tranche moved to 1 June 2026 (checked November 12, 2026)
- MySSS Pension Booster — voluntary provident fund rules (checked November 12, 2026)
- RA 10757 (mineworkers' retirement age) — optional retirement at 50 for underground and surface mineworkers (checked November 12, 2026)
This page is part of our SSS guides and calculators, inside the SSS, Pag-IBIG, PhilHealth and GSIS benefits hub.
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Author and editorial review
Deepak Middha, Chartered Accountant
Chartered Accountant with 18 years in hedge funds; writes and maintains sulat.ph. Every rate, ceiling, deadline and fee on this page is taken from the law or the agency's own circulars and official announcements and was checked against that source on November 12, 2026. Where a figure could not be confirmed officially, the page says so.
Spotted an error or an outdated rule? Send a correction.
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