Retiring: SSS pension, GSIS retirement and Pag-IBIG savings

This guide is for someone who is about to retire, or a son or daughter helping a parent. By the end you will know which of three agencies pays you, which form each one wants, and what to do afterwards when your address or bank changes. Retirement is not one claim: SSS, GSIS and Pag-IBIG each have their own.

Who files what

You worked in · You claim from; A private company, or on your own · SSS, plus Pag-IBIG savings; Government only · GSIS, plus Pag-IBIG savings; Both · Both, and the Portability Law counts the two periods together

Not for you: an early-retirement package from your employer (that is the company's own process), or a disability claim.

SSS retirement

SSS pays at two ages, per SSS: retirement benefit:

- Optional retirement at 60, if you are separated from employment. - Technical retirement at 65, whether or not you are still working.

What you get depends on your contributions, per the same page:

Monthly contributions before the semester of retirement · You receive; 120 or more · A monthly pension; Fewer than 120 · A one-time lump sum of what you paid, with interest. You may instead keep paying as a voluntary member to reach 120

The SSS retirement claim asks, in this order: your member details, your employment history (use a separate sheet if you need more rows), your dependent children, whether you want the first 18 monthly pensions in advance, and how you want to be paid. SSS says most claims are filed online through My.SSS; some must be filed at a branch, such as portability claims and claims with an unpaid SILP or educational loan (SSS).

Bring (also from that page): valid IDs, a photo and signature card if you have no UMID, and a bank or other disbursement account in your name. If you are 60 to 64 and employed, SSS asks for a certificate of separation from your last employer or an SSS affidavit of separation. The form's own back page adds birth, marriage or death certificates for your dependents (SSS retirement claim form).

Two warnings printed on the form: someone who keeps receiving the monthly pension after being re-employed before 65 is criminally liable, and recomputation of a settled claim is not allowed after ten years from the first settlement.

GSIS retirement

For government service, the law is the GSIS Act, RA 8291. Under its section 13-A you need at least 15 years of service and to be at least 60 at retirement. Section 13(a) lets you choose between a lump sum with a monthly pension after a five-year guarantee period, or a cash payment of 18 months of pension with the monthly pension starting right away. Retirement is compulsory at 65.

The GSIS application for retirement covers the older laws as well. It has a retirement-options section, with boxes for RA 660, RA 1616, PD 1146 and RA 8291, and it also covers the life insurance benefit. Your agency fills in and endorses its part: your last day of actual service, any leave without pay, and whether you have a pending case. Ask your HR office for that section before you go to GSIS.

If you worked in both sectors

The Portability Law, RA 7699, adds up your service or contributions in the SSS and GSIS when you would not qualify on one alone; overlapping months count once, and each system pays its share in proportion to what it received. Use the GSIS portability application together with the SSS claim, which SSS lists as a branch-filed case.

Pag-IBIG savings

Retirement is a ground to withdraw your Pag-IBIG savings. The form is the provident benefits claim. On its own instructions page, a member who actually retires from SSS, GSIS or government service can claim; so can a private-plan retiree who is at least 45; and a member who reaches 60. At 65 retirement is compulsory under the Fund. Tick "Retirement" and write the effective date and your last day of service. Checking the form's own guidelines is worth it: the Fund lists the 20-year maturity, the optional withdrawal at 15 years and the MP2 as separate reasons, so choose the right box.

You can file at a Pag-IBIG branch, or online through Virtual Pag-IBIG for retirement and maturity, per the form's instructions. If you still owe the Fund a loan, the form says it may deduct the balance from your savings.

After you retire: keep the pensioner record current

When your address, bank account or name changes, use the SSS pensioners data change request (SSS's copy: PEN-01439). It has separate boxes for a name change, a date-of-birth correction, a bank change, contact details, and switching between check and bank payment. A pension sent to an old bank account is the usual reason a payment goes missing.

Mistakes that get a claim stuck

- Fewer than 120 months. Check your contribution count before you file; it decides pension or lump sum. - Skipping your agency's section on the GSIS form.

Questions

At what age can I claim SSS retirement?

At 60 if you are separated from work, or at 65 even if you still work (SSS).

I have fewer than 120 contributions. Do I get nothing?

You get a lump sum of what you paid, with interest, or you can keep paying as a voluntary member to reach 120 and get a monthly pension (SSS).

I worked in a company and in government. Which forms?

The SSS retirement claim and the GSIS portability application, under RA 7699, which adds the two periods together.

Can I withdraw my Pag-IBIG savings when I retire?

Yes. File the provident benefits claim and tick Retirement; the form's guidelines list the conditions.

My mother's bank account closed. How do I change where her pension goes?

File the pensioners data change request and tick the change of bank information.

Last checked 2026-10-12. Not affiliated with BIR, SSS, PhilHealth, Pag-IBIG or any government agency.

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