My
colleagues and I, who are all Filipino auditors working here abroad, had
discussion about social security contribution earlier during our lunch
break. We discussed how much should be
contributed monthly to our social security in the Philippines, if we are really
required to the contribution and about its frequency.
Personally,
I paid my social security monthly premium during my first year of working
abroad. However, at the start of January
2012, I stopped paying for my SSS premium when I have read about news that some
retirement pension plans are not being paid to the people, and that the monthly
pensions received by “pensioners” (sorry for the redundancy) only ranges from
Php1,200 to Php2,400 monthly. Does
anyone here know how much the monthly pensions received from SSS?
