Did you know that you can check your estimated pension amount for your 60th or 65th retirement age? Have you even wondered how your SSS pension is calculated?
Me and my employers have been paying my Social Security System contributions diligently for the past years and recently, I became curious on the benefits that I have under the SSS program. A few weeks back, I was playing around the SSS portal (www.sss.gov.ph) and aside from being able to see all my contributions (yes all of them), SSS benefits, and eligibility, I stumbled upon their “Stimulated Retirement Calculator” feature which is basically a glimpse of your possible estimated pension amounts you will get starting on your 60th and 65th retirement.
I was expecting something like P4,000 pesos but to my surprise, it was better.
Here’s how to check your future SSS pension. No need to compute manually, you just need to follow these 3 simple steps. But before anything, you need an active SSS online account (My SSS). So assuming you already have that all figured out, here it goes: