PESO: Personal Equity and Savings Option

The SSS P.E.S.O. Fund (Personal Equity and Savings Option) is a voluntary provident fund offered exclusively to SSS members in addition to the regular SSS program. Through this program, members who have the capacity to contribute more are given the opportunity to save more in order to receive additional benefits in the future.

• Tax-free earnings and benefits
• Contributions placed in sovereign guaranteed investments
• Guaranteed earnings

• Go to My SSS website and click "E-services" tab.
• Complete registration.
• Confirmation email will be sent once registration is successful.
• You can start paying contributions once enrolled online.
• Confirm enrollment by going to any SSS branch.

All employees, self- employed (SE), voluntary (VM) and OFW members who have met the following qualifications are open to apply:

• Below 55 years of age
• Have paid contributions in the regular SSS program for at least six (6) consecutive months within the 12-month period immediately prior to the month of enrollment
• SE, VM and OFW members should be paying the maximum amount of contributions under the regular SSS program
• Have not filed any final claim under the regular SSS program

The member will receive benefits upon filing a retirement, total disability or death claim under the regular SSS program. • Retirement or total disability benefits, which consist of the member’s contributions and earnings from the SSS P.E.S.O. Fund, may opt to receive this in monthly pension, lump sum or a combination of both. • Death benefits shall be paid in lump sum to the member’s beneficiaries.

The member will receive benefits upon filing a retirement, total disability or death claim under the regular SSS program. • Retirement or total disability benefits, which consist of the member’s contributions and earnings from the SSS P.E.S.O. Fund, may opt to receive this in monthly pension, lump sum or a combination of both. • Death benefits shall be paid in lump sum to the member’s beneficiaries.

No withdrawals are allowed from the retirement/total disability account. Withdrawals from the fund shall be allowed only from the Medical (25%) and General Purpose (10%) Accounts. Withdrawals within the 5-year retention period shall be charged with corresponding penalty and service fees.