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Showing posts with the label sss peso fund

SSS Peso Fund♥

Last year I learned about this SSS Peso Fund over the news, and honestly I am really wanted to know how this SSS Peso Fund works.  P.E.S.O. - stands for Personal Equity and Savings Option: so what's with it?  After I paid up my car loan in 2014, I decided start saving for my retirement (better to start early).  Being employed in the private sector, SSS pension is so small as compared to what government employees get from GSIS.  Based from my experience: my mom was a retired grade school teacher and my dad retired employee/college professor.   My mother was able to get more than a million from GSIS and her monthly pension is about P13,000.00 as compared to my father he got at about P200,000.00 from SSS and P5,000.00 monthly pension.   SSS Peso fund is a voluntary membership fund offered exclusively to SSS qualified members.  What's great about this is that it's tax free!  Instead of putting your money in the bank, interests earned are sub...