SSS Pension Calculator Philippines 2026
Use this SSS pension calculator Philippines to estimate your monthly retirement pension based on your average salary credit and years of contribution.
Last updated: July 2026 · sss.gov.ph · RA 11199 Section 12 · Three-formula rule
Average of your last 60 monthly salary credits before retirement. Find your AMSC in your contribution record at my.sss.gov.ph. Only the first ₱20,000 is used in the regular pension formula.
Total months you have paid SSS contributions. Example: 20 years = 240 months. Check at my.sss.gov.ph.
Got your pension estimate? Two things worth checking next
→ Compute your exact SSS contribution — enter your salary and get it instantly. → Your full take-home pay — what you actually receive after SSS, PhilHealth, Pag-IBIG and income tax.How SSS Calculates Your Retirement Pension
The SSS pension calculator Philippines applies the official three-formula rule under Section 12 of RA 11199. SSS computes your pension using all three formulas and pays you whichever gives the highest amount. This protects different types of members — those with long service get rewarded by Formula 1, while those with high salaries but shorter tenure often benefit more from Formula 2.
Your pension is based on two key figures: your Average Monthly Salary Credit (AMSC) — the average of your last 60 monthly salary credits before retirement (or the average of all your salary credits, if that is higher) — and your Credited Years of Service (CYS) — the total whole years you contributed to SSS. Fractions of a year don’t count. A member with 234 months of contributions has 19 CYS, not 19.5. Note that only the first ₱20,000 of AMSC is used in the regular pension formula.
The Three SSS Pension Formulas
| Formula | Calculation | Best for |
|---|---|---|
| Formula 1 | ₱300 + (20% × AMSC) + (2% × AMSC × (CYS − 10)) | 20+ years of service |
| Formula 2 | 40% × AMSC | High AMSC, shorter tenure |
| Formula 3 | ₱1,200 (10–19 CYS) or ₱2,400 (20+ CYS) | Minimum guarantee |
AMSC in every formula is capped at ₱20,000 for the regular pension. The basic monthly pension is the highest of the three; a ₱1,000 additional benefit is then added on top.
+ ₱1,000 additional benefit added to the winning formula
Example: AMSC ₱20,000 · 25 CYS → Formula 1 = ₱300 + ₱4,000 + ₱6,000 = ₱10,300, plus ₱1,000 additional benefit = ₱11,300/month
Requirements to Qualify for Monthly Pension
You need a minimum of 120 monthly contributions (10 years) to qualify for a monthly pension. If you have fewer than 120 contributions, you receive a lump sum instead — the total of all contributions you and your employer paid, plus interest, with no monthly pension. This is why consistent contributions matter even for members who may not work for 30 years.
You can claim optional retirement at age 60 if you are separated from employment, or mandatory retirement at age 65 regardless of employment status. If you retire at 60 and return to work, your pension may be suspended while re-employed. You resume contributions and can request SSS to recompute your pension for a potentially higher amount when you retire again.
2026 update — SSS Pension Reform Program. Under SSS Circular 2026-002, monthly retirement and disability pensions are being increased by 10% each year from 2025 through 2027 (survivorship pensions by 5%). The increases compound and apply to the total pension, including the ₱1,000 additional benefit. This calculator estimates your base monthly pension under the three-formula rule — once you are receiving a pension, these scheduled increases are added on top, so your actual pension may be higher than the figure shown.
Frequently Asked Questions
What is WISP Plus and how does it affect my pension?
WISP Plus — now called MySSS Pension Booster — is the provident fund that holds contributions on the portion of your MSC above ₱20,000. Your regular SSS pension (the three-formula computation) is calculated only on AMSC up to ₱20,000. Contributions on MSC from ₱20,000 up to the ₱35,000 maximum go into your individual MySSS Pension Booster account, which earns investment income. At retirement, that account is converted into an additional monthly pension paid on top of your regular pension. So a higher earner receives two parts: the regular three-formula pension (capped at ₱20,000 AMSC) plus a MySSS Pension Booster supplement that scales with their contributions above the cap.
How do I find my AMSC?
Log into My.SSS at my.sss.gov.ph, go to “Inquiry” then “Contributions” and download your contribution history. Your AMSC is the average of your last 60 monthly salary credits before the semester of retirement; if the average of all your posted salary credits is higher, SSS uses that figure instead. Only the portion up to ₱20,000 is used in the regular pension formula.
Is SSS pension taxable?
No — SSS retirement pension benefits are tax-exempt under Philippine law. You receive the full monthly amount with no withholding tax deducted.
Can I increase my pension before retiring?
Yes — by voluntarily increasing your MSC (though only up to ₱20,000 counts toward the regular pension computation; contributions above that build your MySSS Pension Booster), and by continuing to contribute as long as possible to increase your CYS. Every additional year beyond 10 adds 2% × AMSC to your Formula 1 pension. Ten extra years of contributions on a ₱20,000 AMSC adds ₱4,000 to your monthly pension for life.
Also in SSS Philippines:
📋 Formula verified — Official sources: sss.gov.ph · RA 11199 Section 12 · SSS Circular 2020-032 (₱20,000 cap) · SSS Circular 2026-002 (Pension Reform)
⚠️ This is general information, not financial, tax, or legal advice. KnowMyGovt is an independent service — not affiliated with or endorsed by the SSS, PhilHealth, Pag-IBIG, the BIR, DOLE, or the Philippine government — and is not liable for decisions made in reliance on it.
