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Continue or Cancel SSS Payment?

milktea13milktea13 PhilippinesPosts: 294Member
Hi po! Since January 2015 po kami working and may contribution sa SSS. Tinutuloy nyo po ba sya bayaran or hinayaan nyo na lang po funds? Pwede ba siya pull out like pagibig? How do you pay for it po?

Comments

  • fruitysfruitys Brisbane
    Posts: 72Member
    I left mine at 120 contributions just to get the pension instead of the lump sum.

    You'll earn so much more in Australia that the SSS pension will look tiny by comparison, and if you ever go back to PH you can bring your super with you.

    SI 189 - Software Engineer - 261313 (80 pts)
    -- offshore --
    11-Oct-2017 - ACS (ICT major, 8+ years)
    18-Oct-2017 - PTE (90/90/90/90)
    19-Oct-2017 - EOI
    09-Nov-2017 - Invited
    06-Feb-2018 - Grant
    13-Feb-2018 - PDOS
    14-Mar-2018 - Opened AU bank acct
    02-Jun-2018 - Initial entry
    -- onshore --
    04-Jun-2018 - Applied TFN, Medicare, myGov
    25-Jun-2018 - Applied driver licence
    01-Jul-2018 - Tax time
    25-Jul-2018 - Job offer
    26-Jul-2018 - Opened super
    30-Jul-2018 - Start job # 1

  • milktea13milktea13 Philippines
    Posts: 294Member
    @fruitys thank you for the input.. currently, we havent met the 120 contributions.. can we pay in bulk before going to Aus or continue monthly?
  • fruitysfruitys Brisbane
    Posts: 72Member
    @milktea13 Any will do. When I left, I gave money to a relative and they paid my contributions every quarter. I don't recall if there were issues back then with paying for a whole year but a full quarter is fine.

    SI 189 - Software Engineer - 261313 (80 pts)
    -- offshore --
    11-Oct-2017 - ACS (ICT major, 8+ years)
    18-Oct-2017 - PTE (90/90/90/90)
    19-Oct-2017 - EOI
    09-Nov-2017 - Invited
    06-Feb-2018 - Grant
    13-Feb-2018 - PDOS
    14-Mar-2018 - Opened AU bank acct
    02-Jun-2018 - Initial entry
    -- onshore --
    04-Jun-2018 - Applied TFN, Medicare, myGov
    25-Jun-2018 - Applied driver licence
    01-Jul-2018 - Tax time
    25-Jul-2018 - Job offer
    26-Jul-2018 - Opened super
    30-Jul-2018 - Start job # 1

  • milktea13milktea13 Philippines
    Posts: 294Member
    @fruitys thank you for the inputs :)
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