Republic of the Philippines Social Security System (2024)

FAQs

Can I collect my U.S. Social Security in the Philippines? ›

If you are a U.S. citizen, you may receive your Social Security payments outside the U.S. as long as you are eligible for them.

Old-age pension (social insurance): The pension is the highest of: 300 pesos plus 20% of the insured's average monthly covered earnings and 2% of average monthly covered earnings for each credited year of service exceeding 10 years; 40% of the insured's average monthly covered earnings; 1,200 pesos with at least 10 but ...

The minimum monthly Retirement Pension is P1,200 if the member has 120 months contribution or at least ten (10) CYS; or P2,400 if with at least 20 CYS. A cash benefit granted - either as a monthly pension or a lump sum amount - to the beneficiaries of a deceased member.

Coverage under the SSS is compulsory for all employers in the private sector and their employees who are not over 60 years of age, whether with permanent or provisional employment status, including domestic helpers.

Luckily, there is no time limit on how long you can live outside the U.S. and still receive monthly Social Security payments. As long as proof of life documents are signed and returned annually, you'll still get paid.

Special Resident Retiree's Visa (SRRV) If you wish to settle in the Philippines and you are at least 35 years old, you may apply for a Special Resident Retiree's Visa (SRRV). The SRRV is granted by the Philippines Retirement Authority (PRA), and you may reside indefinitely in the Philippines with free entry and exit.

Through the expanded Centenarian Act, senior citizens aged 80, 85, 90 and 95, whether residing in the Philippines or abroad, will receive PHP10,000 cash incentive every age milestone and will still receive PHP100,000 upon reaching 100 years old.

1. the sum of P300 plus 20 percent (20%) of the average monthly salary credit plus two percent (2%) of the average monthly salary credit for each CYS in excess of 10 years; or 2. 40 percent (40%) of the average monthly salary credit; or 3. P1,200, if with at least 10 CYS; P2,400, if with at least 20 CYS.

Enacted in July 2022, the law doubles the monthly pension for senior citizens from ₱500 to ₱1,000.

The Federal Benefits Unit (FBU) in Manila provides services for the Social Security Administration (SSA) and other federal benefit agencies to customers in the Philippines and over 40 other countries in the Asia-Pacific Region.

What is a good monthly retirement income in Philippines? ›

International Living, a magazine that extensively covers the costs of residing in different countries, reports that most expats can live comfortably with $1,000 to $2,200 a month. That includes housing and going out to enjoy what the Philippines has to offer.

at least 60 years old whether still employed/SE or not, if an “underground mineworker” (technical retirement); or. a total disability pensioner who has recovered from disability and is at least 60 years old (or at least 55 years old, if an underground mineworker).

Foreign nationals working in the Philippines must also make contributions to SSS, HDMF, and PhilHealth. Membership is mandatory unless exempt under some of the Philippines' Totalization Agreements.

A self-employed person who fails to register with the SSS may be subjected to fines and/or imprisoned. However, in the event the self-employed or voluntary member does not realize earnings in a given month, payment of SSS contributions for that month is no longer required.

Penalties for not registering

It is a federal felony, punishable by fines or a prison sentence. And you may not be eligible for federal jobs, citizenship, or state-funded student financial aid.

The Federal Benefits Unit (FBU) in Manila provides services for the Social Security Administration (SSA) and other federal benefit agencies to customers in the Philippines and over 40 other countries in the Asia-Pacific Region.

Pensioners who want their benefits remitted to the Philippines may do so by filling up the direct deposit sign up form prescribed by the Treasury Department.

We need to know the date you plan to leave and the date you plan to come back. Then, we can tell you if your SSI will be affected. After you have been outside the United States for 30 or more days in a row, your SSI can't start again until you have been back in the country for at least 30 straight days.