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I asked some individuals what’s the first thing that came across their mind when they hear the word “SSS.” Some said, “for private workers.” Some said, “monthly premiums,” while others said, “long queues.” But what amazed me was that more than half of the random persons I asked said “SSS is pension.”
It’s indeed true that SSS is pension. SSS is the institution you can rely on when you reach old age. But it saddens me that no one think of SSS as “savings.” The pension a pensioner receives when he reaches the qualifying age is a product of his savings during his productive years. It is a savings fund you can rely on in times of contingencies. It is not just a fund for retirement but for six other types of benefits, too, which includes sickness, maternity, disability, funeral, death and unemployment.
Since the SSS has been popular for its benefit for those who have retired from the work force, we value them as much as we value our actively paying members. We are always finding ways to make services easier for them, even right at their fingertips, while enjoying their coffee with their loved ones.
One of the programs we launched in 2015 and 2018, in our desire to help our retirees, was the online submission of application for retirement benefit through the SSS web site and an online appointment system, respectively. Yes, you can file your application using your mobile phone or desktop computer even while browsing your Facebook news feeds, or while playing your “Candy Crush Saga” games.
You just have to visit the SSS web site at sss.gov.ph, create and register your account at the My.SSS facility, and you may now start your online retirement application process.
This program is available for voluntary and land-based OFW members who are no longer working, who are at least 60 years old upon the date of the submission of retirement claim, and all members who are at least 65 years old upon the date of submission.
Also, the member must satisfy the following conditions to qualify for the queue-less application process: at least 120 monthly contributions prior to the semester of the month of submission; is qualified for retirement per Online Eligibility Inquiry; has no canceled SS number/s; has no outstanding Stock Investment Loan Program/ Privatization Loan Program/ Educational Loan/Vocational Technology Loan balance; has no submitted/pending retirement/settled death/funeral/total disability claim; has no dependent child/children; and is not an underground/surface mine worker or a racehorse jockey.
Through the My.SSS facility, you can conveniently submit the application for retirement through the e-services menu on your Web account. You may also update your contact information in your profile module and enroll your single savings account in the Bank Enrollment under the E-services menu, where the proceeds of your retirement benefits shall be credited. Once your application is successfully submitted, you will generate the acknowledgment receipt of successfully submitted application with claims reference number.
For those who are not qualified for the online submission of application, you don’t have to worry because you may submit your application via over-the-counter transaction in SSS. By using also the My.SSS facility, you may book for your appointment with the branch of your convenience. You may view the list of documentary requirements you need to submit in line with your retirement application so when the time of your appointment comes, all your documents are ready.
These are some of the amendments we made to continually improve our services for our members, and we will continue to do more in the years to come. I do hope that when I randomly ask individuals some time from now, they will not only know the SSS for its pension or a burden for the monthly deductions in their pay slips but, instead, view it also as a savings. Savings not only for them but for their beneficiaries, too. As what we’ve always been saying, Buti na lang may SSS!
Aurora C. Ignacio is SSS president and chief executive officer.
We welcome your questions and insights on the
topics that we discuss. E-mail mediaaffairs@sss.gov.ph
for topics that you might want us to discuss.
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