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Start your SSS P.E.S.O Fund Account Today

Are you thinking for your retirement or investment? But where you can find fund or cash to full fill your needs or dreams? Well, Social Security System (SSS) has new saving program to offer to all its members who are 54 years old and below.

Start your SSS P.E.S.O Fund Account Today

The new voluntary Provident Fund a.k.a "SSS P.E.S.O Fund" is the answer.

What is SSS P.E.S.O Fund?

SSS P.E.S.O Fund is a 'Personal Equity and Savings Option' that gives additional benefits in the future. This is voluntary and offered exclusively for all SSS members. You can apply with this program if you're an active SSS member and has paid at least six (6) consecutive months of contribution within the 12-month period prior to the month of your enrolment.

All SSS members such as; employees, self-employed, voluntary members and OFWs can now join to SSS P.E.S.O Fund. 

How much is the P.E.S.O Fund minimum contributions?

I know you want to know the minimum amount of contribution of the P.E.S.O Fund. The minimum amount is only P1,000 per contribution and maximum of P100,000 per annum. The good thing is that they can add extra cash or fund in their P.E.S.O account anytime whenever you want.

But remember, every self-employed, voluntary members and OFW members are entitled to have a regular SSS contributions based on their monthly salary credit (MSC) before they can add fund to their P.E.S.O fund account.

I think this is great optional savings for your retirement, investment or any future needs. Aside from your regular SSS contributions, now with these SSS new savings program you could have a higher SSS Pension as well.

SSS P.E.S.O Fund has Tax-free and Guaranteed earnings and all of your contributions are placed in sovereign guaranteed investments such as Treasury Bill and Bonds.

As of writing this post, SSS-PESO Fund is available only in the SSS branches of; Diliman, Cubao, San Francisco Del Monte, Pasig-Shaw Blvd., Mandaluyong, Taguig, Makati-Gil Puyat, Alabang, Legarda, Pasay-Roxas Boulevard.

But this coming September 2015, all SSS branches nationwide will accept applications to the SSS-PESO Fund.

To learn more, you can read the complete rule about this SSS PESO Fund at this link: https://www.sss.gov.ph/sss/DownloadContent?fileName=PESO_Fund_FAQs.pdf

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