#UsapangPera: Mga Tips sa Pagyaman with Sir Vince tackles money issues such as savings, loans, budgeting, and investing among others. Visit Sir VInce's website: www.vincerapisura.com. How to join SEDPI Coop: 1. Join SEDPI Foundation at bit.ly/SEDPIOnlineSRI by clicking “Register” and filling out the form 2. Take the online Pre-Membership Education Seminar (PMES) at bit.ly/SEDPICoopPMES 3. Pay membership fee and initial share capital Simulan ang pagiinvest the socially responsible way sa: bit.ly/SEDPIOnlineSRI Pag-IBIG MP2: * Watch the play list: https://www.youtube.com/playlist?list... SSS Retirement: Watch the playlist https://www.youtube.com/playlist?list... How to invest 100K: https://youtu.be/dxHRZn7uP-4 Celebrity guests include venus Raj (Season 1); Nicole Cordovez and Sinon Loresca (Season 2); Atom Araullo (Season 3) and Porky (Season 4). Smart Parenting Board of Expert

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SSS 2024 Contributions. Kasi di ba bagong taon na po, meron bang bagong contribution table?

So titignan natin yan. So itong SSS contribution natin, titignan natin yung ating contribution rate,

ano yung employer and employee share, titignan din natin ano yung estimated pension natin

for employees, self-employed, and voluntary members ng SSS.

Itong 2024 SSS contribution natin, ang minimum natin na contribution per month ay nasa 570 pesos

ngayong 2024 at ang pinakamaximum po ay 4,230 per month. Kapag tayo po ay employee,

mayroon pong share tayo dyan, hindi natin binabayaran yung buo. I think about 67% ay binabayaran

ng ating employer, ang employee share po ay 33%. So 180 pesos to 1,300.

Ang makakalata sa sweldo natin for SSS. Para sa mga employers naman, sila ay magbabayad ng

380 to 2,850 pesos. So yung ating SSS contribution po, may batas kasi yan.

Na nagsasabi na from 2019, itataas natin yung monthly salary credit natin.

So for 2023 and 2024, ang minimum monthly salary credit po natin ay 4,000 at ang maximum

po ay 30,000. For 2025, it will increase to 5,000 pesos at ang maximum naman ay 35,000 pesos.

So ano yung magiging epekto po niyaan? Ang magiging share in contribution natin, in total ngayon

for 2024 ay 14% of which 9.5% galing sa employer at yung mas maliit na bahagi ay galing kay employee.

Um, pero kapag tayo po ay self-employed or voluntary, nako, wala pong counter-counter part yan, no?

Yung buo na 14% yung babayaran natin. Pagka next year, 10% na yung isya-shoulder ng employer at saka yung sa employee ay 5%.

O diba suot ko talaga siya, ang laki, tatanggalin ko na, masakit sa kamay.

Ayun. So, yun. Yung 14%, that is 570 to 4,230 na amount of contribution.

For 2024?

For 2025, which is next year, 15% yan. That's 760 pesos to 5,280 pesos. Yan po yung minimum and maximum.

So, tignan natin. Kapag may 20,000 pesos ka na monthly salary, magkano yung i-expect mo na pension?

O, tignan natin ha kung magkano. So, yung sa SSS contribution natin, kung pumikita tayo ng 20,000 pesos,

ang required monthly contribution natin ay nasa 2,800 pesos. Kung tayo ay employed, 900 yung kakaltasin sa sweldo natin, 1,900 yung iko-contribute ng employer.

So, anong ibig sabihin yan? Yung 20,000 pesos mo na sweldo, minus 900 pesos lang. Kasi yung 1,900, separate yan na babayaran ng employer. Hindi yan manggagaling sa iyo.

Kaya, maganda kapag...

Kaya, maganda kapag tayo ay empleyado kasi may employer counterpart at yun po ay mas malaki.

Magbayad tayo ng at least 120 months na contribution para tayo ay makapag-qualify doon sa monthly pension when we reach the retirement age of 60.

So, sa mga employees po, kapag dito sa 20,000 pesos, so 900 pesos times 120 months,

ang total na maikokontribute...

Ang total na maikokontribute natin dyan is 108,000 pesos kapag tayo ay empleyado. Kapag tayo naman ay self-employed or voluntary, yung buo kasi na 2,800 pesos ang kailangan natin bayaran dyan.

So, 2,800 times 120, that will give us 336,000 pesos. Yan yung babayaran natin in 120 months or 10 years.

Hindi naman yan biglaan, ha? Unti-unti lang po yan.

Okay?

So, kung titignan natin...

Ang SSS pension nung 20,000 pesos na gulog for 10 years, 9,000 yung kanyang magiging expected na monthly pension upon reaching the age of 60.

Ang annual SSS pension niya ay 108,000 pesos. So, that's 9,000 times 12, 108,000 yan.

E kapag nabuhay siya, sorry, nagretire siyang 60, nabuhay siya for the next 10 years.

Namatay na siya at 70. So, 10 years siya na nakapag-pension. Pero sana mas matagal pa, mas okay, no?

So, kung 10 years yan, so yung 108,000 times 10 will give us 1,080,000 pesos.

Makikita natin, sulit ba yung SSS pension na yan? Ano yung ating return on investment?

So, kapag tayo po ay empleyado, sabi natin kanina, ang total contribution natin with our 20,000 pesos na salary every month ay...

108,000 pesos yung kanyang mababayaran.

I-divide natin yan by the annual pension na 108,000. Ang return on investment natin ay 1 year.

So, ibig sabihin, yung kinontribute natin na 108,000, kapag tayo ay nag-retire na, within 1 year, mababawi na natin yung 108,000 na yan.

On the second year, kita na po natin yung mga yan na makukuha natin.

Kapag tayo po ay self-employed or voluntary...

Dahil shoulder natin lahat yung contribution, which is 336,000 pesos,

i-divide natin yan by our annual pension of 108,000.

So, ang ROI natin is longer, 3.11 years.

Pero alam nyo sa totoo lang, hindi ito masama.

Actually, napakagandang rate of return po nito sa SSS.

Sa totoo lang, wala pa akong nakitang pribadong pension product

at tatalo sa SSS return on investment.

Okay. E paano naman kung 10,000 pesos yung pinikita?

So, kung 10 years ang pension mo...

Sorry. So, 10 years yung nag-receive ng pension, yung 108,000.

So, 1,080,000 yan.

I-minus natin yung ibinayan mo na 10 years na contribution mo, which is 108,000.

Yung kinita mo for that 10 years ay 972,000 pesos.

Imagine mo naman yan. 108,000 lang yung inilagay mo,

pero nag-generate siya ng 972,000 pesos in a span of 10 years.

Kung ikaw ay self-employed or voluntary,

so 1,080,000 pesos minus 336,000 pesos na 10-year contribution mo,

ang kinita ng pera mo ay 744,000 pesos.

Okay. So, yun.

Kapag naman ang pension mo, kapag ang salary mo,

7,000 pesos, ito yung magiging estimated na pension.

Ang required monthly contribution mo ay 1,400 pesos.

Kapag ikaw ay employee, ang counterpart mo dyan ay 450 pesos.

At yung employer ay 950 pesos.

So, magbaya tayo ng at least 120 months para po tayo ay magkaroon ng monthly SSS pension.

So, kung susumahin natin yan,

yung maikocontribute ng...

Employee ay 450 pesos times 120, 54,000 pesos po yan.

Ang self-employed po ay 1,400 times 120 months,

that will give us 114,000 pesos.

Okay. So, yan.

Ang monthly pension po niyan,

upon reaching 60 years old with the 10,000 pesos na monthly salary,

nakapag-contribute lang ng 10 years,

when we computed it, it's 5,000.

Ang annual SSS pension po niyan,

5,000 times 12 ay 60,000.

Kung again, if we started our pension at 60,

tapos namatay tayo at 70,

10 years nating napakinabangan,

gamitin natin yan sa example, ano?

So, kumita tayo ng...

Nag-receive tayo ng 600,000 pesos na worth of pension.

Okay?

So, ang return on investment nito ay,

sa employee, 54,000 divided by yung kanyang annual...

10 years...

So, yung annual contribution, yung 54,000 divided by the annual pension,

which is 60,000.

Ang return on investment nito ay 11 months.

Sabihin na natin, 10.8 months, no?

So, ibig sabihin, wala pang 1 year.

Mababawi mo na yung na-contribute mo for 10 years

kay SSS kapag tayo ay nag-pension.

Pag self-employed or voluntary,

ang total na maikokontribute natin ay 114,000 pesos

divided by 60, that will give us 2.8 years.

Sabihin mo ng 3 years,

babalik na sa'yo yung na-contribute mo na iyaan.

Okay?

So, yung 10-year pension natin na 600,000

minus 54,000 kapag ikaw ay empleyado,

kasi yun yung 10-year na contribution mo,

ang kita natin dyan ay 546,000 pesos.

No?

Diba?

Imagine nyo yan.

Nagulog ka for 10 years ng 54,000

tapos nag-pension ka in the next 10 years.

No?

Yung 54,000 na inihulog mo,

pumita yan ng 546,000 pesos

kung ikaw ay empleyado.

Kapag self-employed ka naman,

yan ay ang kinita mo ay 486,000 pesos.

600,000 pesos na pension for 10 years

and then yung 10-year contribution mo

prior to receiving the pension

which is 114,000

will give you 486,000 pesos.

Kaya talaga wala pa akong nakikitang

private pension.

Private pension product

natatalo sa SSS natin.

Kaya tangkilikin po natin yan.

Ha?

Ako po si Sir Vince,

ang inyong financial guru,

nagsasabing ang pagyaman na pag-aaralan

at napagtutulungan.