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Are withdrawals from the SSS P.E.S.O.

(For illustration purpose only)

Comparison of Fund Growth:
Fund allowed? SSS. P.E.S.O. Fund vs Savings Deposit Account Php
No withdrawals are allowed from the
Total Deposits from age
retirement/total disability account. Php
40 to 60 = Php 2.0M
Withdrawals from the fund shall be allowed 1.9M

only from the Medical (25%) and General

Purpose (10%) Accounts. Php
Withdrawals within the 5-year retention
period shall be charged with
corresponding penalty and service fees.
When can a member receive benefits 101.1k
from the SSS P.E.S.O. Fund?
Age 40 45 50 55 59
SSS P.E.S.O. Fund Savings Deposit Account
The member will receive benefits
upon filing a retirement, total The table shows that an SSS P.E.S.O. Fund
disability or death claim under the member who contributes P100,000 per year
starting at age 40 will have contributed a total
regular SSS program.
of P2.0M by the time he reaches age 60.
Retirement or total disability
Assuming that the fund growth rates are at
benefits, which consist of the
3.75%, 1.85% and 1.85% per annum (may be
members contributions and higher or lower) for Retirement Account,
earnings from the SSS P.E.S.O. Fund, Medical Account and General Purpose
may opt to receive this in monthly Account, respectively, the member would earn
pension, lump sum or a combination P500,000 in 20 years, giving him a total of
of both. P2.5M upon retirement.

Death benefits shall be paid in lump However, if the member placed his P2.0M in a
sum to the members beneficiaries. bank with an average savings interest rate of
0.45% per annum (net of tax), his deposit
would earn P100,000 in 20 years, giving him a
total of P2.1M upon retirement.

For more information email: or call 920-6446 to 55
or visit:

Published by the Corporate Communications Department

September 2014
SSS P.E.S.O. Fund a. Below 55 years of age;
When can a member contribute to the
SSS P.E.S.O. Fund?
for Members b. Have paid contributions in the
Contributions to the P.E.S.O. Fund may be
regular SSS program for at least six
made anytime, whenever the member has
(6) consecutive months within the
What is the SSS P.E.S.O. Fund? excess funds.
12-month period immediately prior
The SSS P.E.S.O. Fund (Personal Equity and to the month of enrollment; SE, VM and OFW members, must have
Savings Option) is a voluntary provident fund regular SSS contributions based on the
c. SE, VM and OFW members should
offered exclusively to SSS members in maximum Monthly Salary Credit (MSC) on the
be paying the maximum amount of
addition to the regular SSS program. month of payment before they can contribute
contributions under the regular SSS
to the P.E.S.O. Fund.
Through this program, members who have program;
the capacity to contribute more are given the Each member shall be allowed a maximum
d. Have not filed any final claim under
opportunity to save more in order to receive contribution of P100,000 per annum and a
the regular SSS program.
additional benefits in the future. minimum of P1,000 per contribution.

How can an SSS member join the SSS How is the SSS P.E.S.O. Fund allocated?
Why is the SSS P.E.S.O. Fund a good P.E.S.O. Fund? The contributions and earnings of a member
investment? shall be allocated to three (3) types of
Interested and qualified SSS members can
The program provides an option for SSS accounts:
enroll in the program
members to save their excess earnings and
over-the-counter at any
build a secure future through: Account Type % Allocation
SSS branch. Enrollment
Tax-free earnings and benefits; via My.SSS will be
announced later. Retirement/ with guaranteed
Contributions placed in sovereign
Total Disability earnings based on

guaranteed investments; and 5-year T-Bond rates

When does membership in the SSS
Guaranteed earnings. 25%
P.E.S.O. Fund start? with guaranteed
earnings based on
Who can join in the SSS P.E.S.O. Fund? Membership begins with the payment of the 364-day T-Bill rates

The program is open to all employees, self- first contribution to the P.E.S.O. Fund.
General Purpose 10%
employed (SE), voluntary (VM) and OFW (education, housing, with guaranteed
members who have met the following livelihood, earnings based on
unemployment) 364-day T-Bill rates