Continuing SSS Membership Contributions for Overseas Filipinos

Continuing SSS Membership Contributions in the Philippines for Overseas Filipinos, Filipino Immigrants Abroad — Does It Make Financial Sense?

If you’re a Filipino who has become an immigrant or permanent resident abroad, does it make sense if you continue paying your SSS membership contributions in the Philippines as a Voluntary Member?

According to the SSS rules, you can get a lifetime pension if you’ve paid at least 10 years or 120 monthly premiums before your semester of retirement, which is either at age 60 when one has retired from work, or at age 65 when retirement is compulsory.

If the number of your monthly contributions is less than 120, you get a lump sum.

Now, if you’re a permanent resident or immigrant abroad, and you have less than 120 monthly contributions, does it make sense continuing as an SSS voluntary member and completing the required 120 monthly contributions?

On the other hand, if you already have at least 120 monthly contributions, does it make sense continuing as a voluntary member and increasing the number of monthly contributions in the hope that the monthly pension would become higher?

To get a better answer to the above questions, let’s see how SSS computes the retirement benefit or the monthly pension:

A.   For those who have paid less than 120 monthly contributions, the retirement benefit is a lump sum. The amount is equal to the total contributions paid by the member and by his/her employer plus interest.

B.   For those who have paid at least 120 monthly contributions, the monthly pension would be the highest of the following three computations:

1.  40 percent of the average monthly salary credit

2.  300 pesos
plus 20 percent of the average monthly salary credit
plus 2 percent of the average monthly salary credit for each credited year of service in
excess of 10 years

3.   1,200 pesos when the credited years of service is 10 or more but less than 20, or
2,000 pesos when the credited years of service is 20 or more

For formulas Nos. 1 and 2 of letter B, take note that it says average monthly salary credit. (The salary credits are seen in the SSS Contribution Schedule) If you continue as a voluntary member, can you maintain paying the high monthly contributions that you and your previous employers previously paid? Does the plus-2-percent add value if you increase your number of years in excess of 10?

The best answer really is for you to:

  • request for a copy of your SSS contributions (the SSS online inquiry can display only 20 years of contributions),
  • and then compute your retirement benefit according to the SSS formula using your actual contributions and salary credits,
  • and then compute using a projected or additional monthly contributions and salary credits,
  • and then compare.

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  1. Maam, I’m married here abroad. I registered with sss when i vacationed there this year. I’ve been paying for 9 months through my sibling. Can my family or I claim my benefits even if I’m a resident of another country? I’m worried that I cannot claim someday my benefits.

  2. Hi masing, your registration was accepted, so that means you registered properly and therefore will receive your benefits when the right time comes. Did you use RS1 form or OW-1 form to register? Keep that in your files. Register at sss.gov.ph so you can track your payments, and so you can check if you already have your Date of Coverage (DOC). If you have DOC, it means your membership is valid, and you’ll get your benefits even if you become a citizen of another country (even maternity benefit if you’re eligible). To register, you need 6 digits from a recent payment transaction no. (ask your sibling).

  3. For ofw sss, is the sss paid at poea before they can get the oec for the whole year? because if it’s only for 1 month and we need to pay for the next month, then there would be a problem. We thought that’s for one year.

  4. Hi Jennifer, were you asked to pay SSS at POEA before you were allowed to get your OEC? Because what I know is that it’s only OWWA (1 year), Philhealth (1 year) and Pag-ibig (1 month) that are mandatory to pay.

  5. ms. pls help me. I want to continue paying my SSS contributions. My problem is there’s no payment facility here in China. I plan to have my sibling pay for me there in the Phils. My problem is I previously worked for a company there in the Phils. and they paid for me. I don’t know if I can continue paying. What should I do? I have an OFW form here but there’s no way to submit it here. I went to the embassy here to inquire but they said they have no SSS service.

  6. Hi Haregia, it’s sad that the embassy there does not offer SSS service. Yes, you can continue paying your SSS. If you like to continue asap, you can pay as Voluntary through your kapatid here in the Phils. Just give your SSS no. and amount to pay. She checks Voluntary as member category in the meantime. Ask her to pay initially at SSS using RS5 form so you can get the transaction no. and you can enroll at sss.gov.ph so you can track your contributions. Enroll during nighttime here in the Phils as the SSS website gets so busy at daytime. To change your status to OFW (so you can save with Flexi-Fund, if you like, and so your payment deadlines are more flexible), you can scan your filled-up OW1 form and then email it to ofw.relations@sss.gov.ph. When approved, your kapatid can check OFW as your member category when paying. She should follow Voluntary payment deadlines so she does not have to prove you’re OFW.

  7. I already start paying my sss only 1 time.my question is can I continue to pay to same amount even many years past im not paying

  8. Hi Salvacion, there’s a new table of SSS contributions. Check the table and then look for the amount nearest what you paid before. You can pay that amount, or you can increase by 2 levels. You can increase by 2 levels from month to month until you reach the amount you prefer. If you like to increase by more than 2 levels, fill up the income portion of the SSS RS5 form. By the way, did you register as self-employed? Did you file RS1 form before you made your first contribution? If you’re OFW, it’s easier, just download this SSS OW1 form and then send by postal mail to the address in the form.

  9. Dear Nors, I changed from ofw to voluntary contribution. I’m going back abroad together with my family. I want to pay as ofw. Is it allowed? Thanks a lot! Roland

  10. Hi Rolando, yes, you can revert back to paying as OFW. I hope you’ve already registered for your online SSS account so you can track your payments online.

  11. hi, I’m married here in US I’ve been paying my SSS since 1995,and it was stopped when our company was down and i still owed there as i remember more than 2,000 pesos from the last SSS loan that i got, my question can I still able to get my retirement fee in the future? What certain steps that i need to do? Please help me in this matter. I highly appreciate your response.

  12. Hi Corazon, yes, if you’ve accumulated at least 120 contributions when you turn 60, you qualify for pension. But you should pay your loan balance asap so the interests/penalties will not reduce or wipe out your pension. You can email SSS member_relations@sss.gov.ph and ask your loan balance and no. of contributions. You can also register at sss.gov.ph so you can check your records online. But you need a recent transaction no. to register — you can ask someone here in the Phils to pay 1 contribution at SSS for you and ask for the transaction no. Register at non-peak time, such as midnight or dawn here in the Phils.

  13. Hi, I just got my australian citizenship recently. Can I still continue my sss payments eventhough I stopped paying my contributions for a few years now? If I can, do I need to register again even if I’ve been paying sss already before I moved overseas?

  14. Hi Gigi, yes, you can continue paying. You don’t need to register again as long as your first contributions were remitted properly (meaning your previous employer remitted to SSS for you). Register to get your online SSS account so you can track your payments and records. Register at non-peak time (about midnight or dawn here in the Phils). Check if you have a Date of Coverage — this is important for benefit claim filing later on.

  15. I live abroad permanent resident in Canada, I have been receiving small SSS pension since 2005, it was terminated recently but reinstated when I sent required document of my present status around 2013…

  16. Hi garycruz, thanks for sharing info. Yes, SSS checks or verifies the status of its pensioners yearly.

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