SSS Partner Banks and Non-Bank Partners that Accept SSS Contribution using PRN

Early this year, the Philippine Social Security System implemented a new way of paying SSS contributions, and that is by using the member’s Payment Reference Number or PRN.

The PRN is different from CRN (Common Reference Number) or SSS number. CONTINUE READING

How to Change or Update SSS Member Data Record

When I got married, one of the first things I did was to update my personal information in my company and in government agencies where I am a member of like the SSS.

Good thing the procedure was really simple, although I had to line up at the SSS branch since there were many other people who were doing the same thing too. CONTINUE READING

How is the SSS Retirement Benefit or Monthly Pension Computed

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. CONTINUE READING

How to Apply and Avail of SSS Housing Loan

We all have our own dream houses. It differs from person to person and from different circumstances.

The bigger the family, the bigger the dream house and the more number of rooms.

Some want pools and grand interior design; some just want a simple house that would accommodate everyone’s needs; while others just want a house – something that they could call their home. CONTINUE READING

Should you pay the maximum contribution to get higher SSS pension?

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. CONTINUE READING

Why you should Invest in SSS PESO Fund

Nowadays, health cards provided by employers or prepaid funded by the card holder have limited access to hospitals, medicines, laboratory tests, and medical consultations.

  • Different health cards have varied restrictions depending on the hospital, the amount of the hospital bill, illness, type of medicine, treatment, laboratory test, and much more.
  • Health card holders have to break their bank to cope up with these adverse situations.
  • More so, with our senior citizens who are sickly and after age 65 they won’t be able to secure one.

Your worries are over!

To supplement the SSS pension fund, the government agency launched last September 2014 the SSS Personal Equity and Savings Option fund or the SSS PESO fund. CONTINUE READING

SSS Pension Increase, Why not?

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. CONTINUE READING

Apply now for SSS Loan Restructuring Program!

Good news has come to those who have unpaid loans from SSS!

The government institution has developed a program for member-borrowers that will enable them to pay off their previous loans in a way that won’t be too heavy on their monthly pay. CONTINUE READING