SSS Retirement Pension Calculator

SSS runs three separate formulas and pays whichever lands highest — see all three, and what your monthly pension actually works out to.

Your Contribution Record

Average Monthly Salary Credit

₱

Your average salary over the years that count toward the pension. Anything above ₱20,000 is capped — see why below.

Credited Years of Service

Roughly your total posted contributions ÷ 12. You need 120 contributions — 10 years — to get a pension at all.

Dependent Children

Under 21, unmarried, and not gainfully employed. SSS counts a maximum of 5.

The three formulas

SSS computes all three and pays whichever comes out highest.

Formula A← applied₱300 + 20% of AMSC + 2% of AMSC per year past 10

₱10,300.00

Formula B40% of AMSC

₱8,000.00

Formula CMinimum pension — ₱1,200 at 10+ years, ₱2,400 at 20+

₱2,400.00

Basic monthly pension₱10,300.00

Additional benefit, every pensioner+ ₱1,000.00

Monthly total₱11,300.00

Why SSS runs three formulas instead of one

Most pension systems have a single equation. SSS has three, and it pays whichever produces the largest number^[1]. Each formula protects a different kind of member. The ₱300 + 20% + 2%-per-year formula rewards long service, and takes over at roughly 20 years. The 40% of AMSC formula protects higher earners with shorter records, and holds the floor below that point. The flat ₱1,200 / ₱2,400 minimum catches low-salary members whose percentage-based results would otherwise be tiny.

The panel above shows all three side by side so you can see which one is carrying your pension — and what would change it. If formula B is winning, more years of service won't move your number much; if formula A is winning, every extra year adds 2% of your AMSC on top.

What gets added after the formula

Component	Amount
Additional benefit	₱1,000 a month, paid to every retirement pensioner regardless of salary or years
Dependent's pension	10% of the basic pension or ₱250 per child, whichever is higher — up to 5 children
13th month pension	One extra full month, released every December — so a pension year is 13 payments

⚠️

Your pension is capped at a ₱20,000 salary credit — but you get a second payout on top.Contributions are collected on a Monthly Salary Credit up to ₱35,000, but only the first ₱20,000 feeds the Regular SS Program these formulas draw on. That caps the basic pension at roughly ₱16,300 even after 40 years. The contributions on the slice above ₱20,000 go into the Mandatory Provident Fund (WISP), an investment-linked account that pays out separately when you retire — real money, just not part of the formula pension above.

When you can actually claim it

Age 60, optional — you can retire and claim, but only if you're genuinely separated from employment and not self-employed.
Age 65, technical — you can claim whether you're still working or not.
Underground mineworkers at 55, surface mineworkers at 50, racehorse jockeys at 55 — special retirement ages recognised by SSS.
120 posted contributions either way. Below that, you get a lump sum of your contributions plus interest instead of a monthly pension.

The full claiming walkthrough — what a Credited Year of Service really counts as, how to keep contributing as a voluntary member to reach 120, and what happens to the pension when a pensioner dies — is in the SSS retirement pension guide.

Frequently Asked Questions

I'm short of 120 contributions. Can I still get a pension?▼

Yes — you can keep paying as a voluntary member until you reach 120, as long as you do it before filing your retirement claim. Many members a few years short do exactly this, since the difference between a one-time lump sum and a pension paid for life is enormous. Once you file and are granted a lump sum, you can't convert it into a pension later.

Is the ₱1,000 additional benefit included in the number above?▼

Yes. The breakdown panel separates it out so you can see the formula result on its own, but the headline monthly figure already includes it, along with any dependent's pension. The dependent's pension is computed on the basic pension — the formula result — not on the total after the ₱1,000 is added.

Why does raising my salary above ₱20,000 not increase the pension?▼

The formulas run on the Regular SS Program salary credit, which stops at ₱20,000. Contributions on the portion above that are still yours — they build up in the Mandatory Provident Fund and are released separately at retirement — they just don't enter the pension formula. The 2026 contribution table guide shows exactly where each peso of your deduction lands.

How do I turn my contribution count into Credited Years of Service?▼

Divide your total posted contributions by 12 for a working estimate — 300 contributions is about 25 years. SSS's official count has some nuances around contributions made before 1985 and periods of membership without payments, so treat your own division as an approximation and confirm the official CYS on your My.SSS record before making decisions around it.

References

Social Security System — Retirement Benefit, the three pension formulas, retirement ages, the ₱1,000 additional benefit, the 13th month pension, and the dependent's pension.
SSS Circular No. 2020-032 — sets the Regular SS Program salary credit used in benefit computation at a maximum of ₱20,000, with the excess directed to the Mandatory Provident Fund.
Republic Act No. 11199, the Social Security Act of 2018 — governs the retirement benefit, the Monthly Salary Credit structure, and the provident fund layered above it.

Last updated: July 4, 2026

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