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SSS WISP Provident Fund Calculator

Estimate the mandatory SSS WISP provident-fund contribution for earners above the regular salary credit ceiling, and project its balance.

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Estimate the WISP provident-fund portion of your SSS contributions and project its balance.

Projected WISP balance

WISP base

Monthly WISP

Total contributed

The retirement account most contributors never notice

If your monthly salary credit with SSS sits above PHP 20,000, a portion of every contribution you make is not buying insurance at all. It is being parked in the WISP, the Worker's Investment and Savings Program, a mandatory provident fund that compounds over your working life and is paid out when you retire. Most members never look at it as a separate pot of money, but it is, and over twenty or thirty years it can grow into a meaningful sum. This calculator isolates that slice and projects where it lands.

The mechanics are narrow on purpose. WISP only applies to the part of your salary credit between PHP 20,000 and the PHP 35,000 ceiling. If your salary credit is PHP 20,000 or below, nothing flows into WISP and the projection is zero. If it is at the ceiling, the maximum possible slice, PHP 15,000, is in play. The combined contribution rate this calculator applies, 15 percent, runs on that slice, so the most anyone can route into WISP is PHP 2,250 a month. That cap is the ceiling on how fast this account can grow, no matter how much you earn beyond PHP 35,000.

How a flat monthly contribution compounds

The projection treats your WISP contribution as a fixed monthly amount paid into an account that earns a steady annual return, compounded monthly. This is the standard future-value-of-an-annuity calculation. The power in it comes from the gap between what you put in and what you take out. Early contributions sit in the account the longest, so they earn the most growth, which is why starting young matters far more than contributing a larger amount late.

Maxing the slice for 20 years at 6 percent

Run the tool's defaults. Your salary credit is at the PHP 35,000 ceiling, so the WISP base is the full PHP 15,000 slice above the floor. At the 15 percent rate this calculator applies, that is PHP 2,250 going in every month. Contribute for 20 years, which is 240 months, and you will have personally put in PHP 540,000. Assuming the account earns 6 percent a year, the projected balance grows to roughly PHP 1.04 million. The difference between the PHP 540,000 contributed and the PHP 1.04 million projected, very nearly PHP 500,000, is investment growth you never had to fund yourself.

Input or result Value

Treat the return as a guess, not a promise

The 6 percent default is a placeholder, not a guaranteed yield. WISP is invested by SSS and its declared earnings move with markets and policy, so some years will run higher and some lower. Slide the assumed-return field up and down and watch how violently the final balance reacts over a long horizon. A swing from 5 percent to 7 percent on a 20-year run changes the answer by hundreds of thousands of pesos. That sensitivity is the honest lesson of any long-term compounding tool: small changes in the rate dominate the outcome, so do not anchor on a single optimistic number.

Worth knowing too: WISP is separate from the regular SS pension. It does not replace your monthly pension, it sits on top of it as a lump sum or pension option at retirement. The rate, the salary-credit ceiling, and the way earnings are credited are all set by the SSS and revised periodically, so verify the current rules with the SSS rather than treating the figures modelled here as fixed law.

What happens to WISP if I stop contributing early?

The balance you have already built stays invested and continues to earn, but no new contributions are added, so the final amount will be far smaller than a full-career projection. WISP is generally claimable at retirement, total disability, or death, with options to take it as a lump sum or convert it. Because it is a provident fund rather than a pure pension, the money is genuinely yours and is not forfeited by stopping.

Can I add extra money to WISP to grow it faster?

The mandatory WISP slice is fixed by your salary credit, so you cannot simply top it up. SSS does run a separate voluntary WISP Plus program for members who want to save more on their own terms. If your goal is to push past the PHP 2,250 monthly cap modelled here, that voluntary track, or a PERA account, is the route to look at rather than the mandatory WISP this tool projects.

Frequently asked questions

Who pays SSS WISP contributions?
The Worker's Investment and Savings Program (WISP) is a mandatory provident fund that applies to the portion of your monthly salary credit above 20,000 pesos, up to the 35,000 peso ceiling. Members earning a salary credit at or below 20,000 do not pay any WISP. The combined employer and employee rate of 15% applies to the WISP base, and the savings earn investment returns until you retire.
What is the maximum WISP contribution per month?
The maximum monthly salary credit is PHP 35,000 and the WISP floor is PHP 20,000, so the largest WISP base possible is PHP 15,000. At the combined 15% rate, the maximum monthly WISP contribution is PHP 2,250. A member whose salary credit is exactly at the PHP 35,000 ceiling reaches this cap; any additional earnings above the ceiling do not increase the WISP contribution further.
How is the WISP payout different from the regular SSS pension?
The regular SSS retirement pension is a monthly benefit for life, calculated from your average salary credit and years of contributions. The WISP is a provident fund that accumulates a separate account balance from your contributions and investment returns. When you retire, you can claim the WISP balance as a lump sum or convert it to a pension on top of your regular benefit. The two accounts are independent, so growing your WISP does not reduce your pension.
Does the WISP apply to self-employed SSS members?
Yes. Self-employed and voluntary members follow the same rule: if their declared monthly salary credit exceeds PHP 20,000, the excess up to the PHP 35,000 ceiling flows into the WISP at the full 15% rate. Because they carry both the employer and employee share themselves, a self-employed member near the ceiling is contributing PHP 2,250 per month into WISP out of their own pocket, with no employer splitting the cost.

Related calculators

Sources

  1. SSS / PhilHealth / Pag-IBIG — Mandatory Contributions, Social Security System, Philippines
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