How To Apply For Your SSS Retirement Benefit

Retirement is both an exciting and worrying stage for every individual. Thankfully, once you are a Social Security System (SSS) member, you have the retirement benefit to help you.

First, let us check if you have met the conditions for you to be able to claim your retirement benefit.

Here are the following qualifications:


2. Member is 65 years old, whether employed or not, and has paid at least 120 monthly contributions prior to the semester of retirement.

Once you met all the qualifications, let us now scrutinize your options when claiming your retirement benefit. You can either choose a monthly pension or a lump sum amount.

Lumpsum Amount is granted to a retiree who has not paid the required 120 monthly contributions. It is equal to the total contributions paid by the member and his or her employer including the interest.

The retiree-member also has the option to receive the first 18 months’ pension paid out in lumpsum, but would receive a discounted preferential rate of interest determined by SSS. He or she will then receive the monthly pension on the 19th month and every month thereafter.

The monthly pension would depend on the member’s paid contributions, credited years of service, and the number of minor dependent children not exceeding five in number.

The set monthly pension will be the highest amount that resulted from any of these computations;


• Forty (40) percent of the average monthly salary credit; or


Meanwhile, dependents conceived on or before the date of retirement of a retiree will each receive dependents’ allowance equivalent to 10 percent of the member’s monthly pension, or P250, whichever is higher. It is important to note that only five minor children, beginning from the youngest would be entitled to the allowance.

READ: How To Update Your SSS Beneficiaries

Here are the requirements you would need to submit when filing for your Retirement benefit:

1. Retirement Claim Application
2. DDR Signature Card
3. DDR Savings Account form;
4. Certificate of Separation from last employer (if member is less than 65 years old) ;
5. Passbook or ATM Card (if pension);

A member must open a single savings account in the bank of his choice and submit to the SSS his savings account number and a photocopy of his passbook or ATM Card upon filing of his application. The original copy of the passbook must be presented for authentication purposes.

6. Certified true copies of birth or baptismal certificate of dependent children;
7. Certified of cessation of business or practice of profession (for self-employed members who are less than 65 years old);
8. Certified true copy of marriage certificate
9. Proofs of filiation for illegitimate dependent children
10. UMID or SSS biometrics ID card or two (2) other valid IDs, both with signature and at least one (1) with photo and date of birth.

* Other supporting documents may be requested by SSS depending on the evaluation of the claim

Watch: Video Tutorial on How To File For Your SSS Retirement Benefit

You may then proceed to any SSS branch or satellite office to submit your requirements and file your claim.