My parents are both SSS pensioners living in the Philippines, and every year, they always comply with ACOP to ensure that they will continue to receive their monthly pensions from the Social Security System of the Philippines.
SSS Pensioners are already excited to receive their 13th month bonus from the Social Security System.
But who really are eligible to receive the 13th month pension and when is it going to be released?
What is SSS 13th Month Pension?
SSS Retirement benefit is just one of the many benefits that the Philippine Social Security System provides to its members and their beneficiaries.
It is an amount given to the member who can no longer work due to old age and that is when he or she reaches the retirement age of 60 or 65.
Are you a retired worker? Are you an SSS member?
Do you need help paying the bills for your children who are still in college?
Did you come here to know more about the SSS Retirement Benefit?
Worry no more because in this article you will learn more about the SSS Retirement Benefit – how it works, how to apply for it and how much you will receive.
Paying the maximum SSS contribution is conclusively the best way for anyone to experience the topmost of benefits that the Philippine Social Security System has to offer including higher SSS pension.
But if you’re only after the pension benefit that you will get from SSS upon your retirement, there might be a wiser alternative in order to maximize your SSS contribution.
A bright light at the end of a tunnel, this is how I describe my emotions when I heard the news on the possibility of SSS pension increase this year.
See what happens when a president’s governing direction is geared towards the welfare of the less fortunate.
Investment is a very important tool for everybody.
People might think that starting early is not the best idea since many are at the receiving end of the lower income bracket.
But the trick here is to start at the earliest possible time.