Guide on SSS Pension / Retirement Benefit Application Process
SSS PENSION – Here is a guide on how to apply for the Retirement Benefit offer of the Social Security System (SSS).
Most people who are members of the Social Security System (SSS) do not really apply for loans or the short-term benefits that the social insurance institution. They look forward to the Retirement Benefit that is why they applied for a membership so that they have something to turn to in their senior years.
Under the Retirement Benefit of the SSS which is open for members aged 60 to 64 years old, the pensioner may receive either an SSS pension which is a lifetime monthly grant or a lump sum, a one-time grant.
The pension is granted to members or pensioners who have posted at least 120 monthly savings. For those who have reached their senior years but the total monthly contributions have not reached 120, the pensioner will have the choice of getting a one-time lump sum or continue posting contributions to reach the limit set by the state-run social insurance institution for a pension.
Do you want to know how much you may receive under the Retirement Benefit offer of the Social Security System? You may visit – SSS Cash Pension: Here’s the Minimum Amount You Will Receive Monthly.
Aside from the monthly pension, an SSS pensioner receives under monetary grants under the Retirement Benefit offer of the Social Security System. To check on the other financial grants under the benefit offer, you may visit – SSS Monthly Pension – Here’s List of Cash Benefits You Will Get from your Retirement.
How to Apply for the SSS Pension:
To apply for the Retirement Benefit, there are documents that you must submit and process. For a guide on the requirements, feel free to visit – Requirements for SSS Retirement Benefit Application If You’ll Apply Online.
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