Understanding Pension Age in the Philippines: A Quick Guide
Discover the pension age in the Philippines, including optional and mandatory retirement ages for SSS members.
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In the Philippines, the pension age is 60 years for optional retirement, given a minimum of 120 monthly contributions, and 65 years is the mandatory retirement age for Social Security System (SSS) members.
FAQs & Answers
- What is the mandatory retirement age in the Philippines? The mandatory retirement age in the Philippines is 65 years for members of the Social Security System (SSS).
- Can I retire early in the Philippines? Yes, you can opt for early retirement at age 60 in the Philippines, given you have at least 120 monthly contributions.
- What benefits do I get at retirement age in the Philippines? At retirement age, you can receive pension benefits from the Social Security System (SSS), depending on your contributions.