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  1. www.sss.gov.ph › sss › DownloadContentSSS CITIZEN’S CHARTER - Social Security System

    Credited Years of Service – The credited years of service shall be as follows: (1) For a member covered prior to January 1985, the credited years of service shall be 1985 minus the calendar year of coverage plus the number of calendar years in which six (6) or more contributions have been paid from

  2. www.thewiseguyph.com › sss-retirement-benefitHow to Compute SSS Retirement Benefit (2022) - TheWiseGuyPH

    Jun 21, 2022 · Credited Years of Service (CYS) is the total number of years your SSS contribution is paid. One CYS is equivalent to at least 6 months’ contributions paid in any given year. 3 Simple Formulas to Compute Your SSS Pension

  3. filipiknow.net › sss-pension-computationHow To Compute SSS Pension: A Definitive Guide - FilipiKnow

    To understand better, we will demonstrate each formula by using PHP 20,000 as the Average Monthly Salary Credit (AMSC) and 25 years as the Credited Years of Service (CYS). The Credited Years of Service (CYS) are simply the number of years you contributed to the SSS fund.

  4. lawphil.net › statutes › repactsRepublic Act No. 11199 - The Lawphil Project

    (a) Each employer shall immediately report to the SSS the names, ages, civil status, occupations, salaries and dependents of all his employees who are subject to compulsory coverage: Provided, That if an employee subject to compulsory coverage should die or become sick or disabled or reach the age of sixty (60) without the SSS having previously ...

  5. www.moneymax.ph › government-services › articlesSSS Pension Computation, Requirements, and Application Guide 2023

    Sep 5, 2023 · Formula 1: ₱300 + 20% of average monthly salary credit (AMSC) + 2% of AMSC for each credited year of service (CYS) in excess of ten years + ₱1,000. Formula 2: 40% of the average AMSC + ₱1,000. Formula 3: ₱1,200 if CYS is somewhere from 10 to 20 years; ₱2,400 if CYS is 20 years or more + ₱1,000.

  6. laborlaw.ph › sss-benefitsSSS Benefits - Labor Law PH

    Apr 1, 2024 · ⦁ ‘The minimum monthly Disability Pension is P1,000 if the member has less than ten (10) credited years of service (CYS); P1,200 if with at least 10 CYS; and P2,400 if with at least 20 CYS.’ (Summary of SSS Benefits, p. 1)

  7. www.eezi.com › sss-retirement-benefit-claims-guideGuide to SSS Retirement Benefit Claims and Computation | eezi

    Mar 1, 2024 · Your paid contributions and the number of service years credited determine how much you will get as SSS retirement pension benefits. The greater your contributions and years of service, the larger your monthly pension will be. Moreover, there are two ways to claim your SSS benefits: as a lifetime cash benefit paid to you or as a lump sum amount.