Ever noticed your SSS contribution splitting into two lines? The second line is WISP — the Workers' Investment and Savings Program — and it's actually your money, growing in your name.
Since the MSC ceiling rose above ₱20,000, SSS splits high earners' contributions: the 15% on the first ₱20,000 of your monthly salary credit funds the regular program — pension, maternity, sickness, loans. The 15% on everything above ₱20,000 goes into WISP: an individual provident account in your name, invested by SSS.
At the ₱35,000 ceiling, that's ₱27,000 a year landing in your own retirement savings account — on top of the pension you're building. Employed members split WISP the usual way (employer pays its 10% share on the WISP portion too).
Enter your salary in the contribution calculator — if your MSC is above ₱20,000 it shows exactly how many pesos go to the regular program and how many to WISP each month.
SSS's mandatory provident fund — the contribution on MSC above ₱20,000 becomes individual retirement savings in your name.
Automatically, every member whose MSC exceeds ₱20,000. No signup.
Yes — paid out on top of the pension at retirement.
Yes — invested by SSS, credited with the fund's earnings; returns vary by year.
No — retirement, total disability, or death only.
The voluntary version — open to all members, flexible amounts, separate from mandatory WISP.