SSS Contributions

itscarlo

Hi all. I have a question of concern, given that I was already granted a permanent residence VISA, is it advisable to continue paying SSS contributions in the Philippines? I feel like it is already useless if I'm planning to live in Sydney for long-term basis. Thanks.

Hunter_08

@itscarlo its up to you kasi yung SSS contribution is para pag nag retire ka may makukuha ka monthly. if you opted to retire sa pinas I think okay na magbayad ng SSS.

itscarlo

@Hunter_08 Yep. That's what I'm thinking also, the retirement purpose. But still thinking about this... Thanks

Davidx23

Is SSS really a good investment option? Maganda ba ang performance ng fund nila, or is it better for you to regularly buy BPI/SMC/whatever shares para 'self-managed' retirement fund. Or take advantage of salary-sacrifice super dito.

Fixed income ba ang makukuha mu sa SS? For how long? How much, baka naman pambili lang ng jolibee yung sustento ng SS? Is that worth the hassle of monthly or yearly hulugan sa SS? IDK, probably throw some SSS figures here.