Mandatory MySSS Pension Booster (Formerly WISP): Contributions, Benefits & How It Works

If you previously saw WISP on your SSS contribution record, you may now see a different name: Mandatory MySSS Pension Booster.

The Social Security System has rebranded the former Workers’ Investment and Savings Program (WISP) as the Mandatory MySSS Pension Booster. It is a provident-fund component designed to build additional savings for qualified SSS members on top of their regular Social Security benefits.

The change in name can be confusing because SSS also offers a Voluntary MySSS Pension Booster, formerly called WISP Plus. These are two separate savings schemes.

In simple terms:

WISP = Mandatory MySSS Pension Booster
WISP Plus = Voluntary MySSS Pension Booster

This guide explains how the mandatory program works in 2026, who contributes to it, how the contribution is calculated, what happens to the money, and how it may add to your retirement benefit.

If you are already planning for retirement, you can also use our SSS Pension Calculator to estimate your regular SSS retirement benefit.

Table of Contents

What Is the Mandatory MySSS Pension Booster?

The Mandatory MySSS Pension Booster is the current name of the SSS mandatory provident-fund program previously known as WISP.

It operates alongside the regular SSS program.

When a qualifying member has a Monthly Salary Credit (MSC) above ₱20,000, the contribution corresponding to the portion of MSC above ₱20,000 is credited to the member’s individual Mandatory MySSS Pension Booster account.

The purpose is to build additional savings that can supplement the member’s regular SSS benefit in the event of:

Retirement
Permanent total disability
Death

Unlike the regular Social Security program, the Pension Booster component maintains an accumulated account value for the member.

That account value consists primarily of:

Contributions + net investment income

The amount eventually available from the Mandatory MySSS Pension Booster therefore depends on how much has been contributed and the investment earnings credited to the account.

WISP vs Mandatory MySSS Pension Booster

Many SSS members still search for “WISP” because that was the program’s original name.

The important point is that WISP has not simply disappeared. Its mandatory provident-fund function continues under the current name Mandatory MySSS Pension Booster.

Old Name	Current Name	Type
WISP	Mandatory MySSS Pension Booster	Mandatory
WISP Plus	Voluntary MySSS Pension Booster	Voluntary

If you have older WISP contributions, they form part of the mandatory provident-fund program rather than becoming a completely separate retirement benefit.

Who Contributes to the Mandatory MySSS Pension Booster?

The mandatory component generally applies when the member’s contribution is based on an MSC exceeding ₱20,000.

Under the current SSS contribution schedule, the maximum MSC is ₱35,000.

Therefore, the portion of MSC:

up to ₱20,000

is used for the regular Social Security contribution component, while the portion:

above ₱20,000 up to ₱35,000

is credited under the Mandatory Provident Fund or Mandatory MySSS Pension Booster.

For Employed Members

For qualified employed members, the mandatory contribution is shared by the employer and employee as part of the regular SSS contribution payment.

There is no separate application required simply to participate in the mandatory program.

If the member’s MSC falls within the range covered by the Mandatory Pension Booster, the applicable amount is allocated automatically.

For Self-Employed, Voluntary and OFW Members

Current SSS contribution schedules also provide for the Mandatory Provident Fund component for qualifying:

Self-employed members
Voluntary members
Overseas Filipino Worker members

Unlike an employed member whose contribution is shared with an employer, these members generally shoulder their applicable contributions themselves.

If you are paying SSS as a voluntary member, you may also want to read our guide to SSS pension requirements for voluntary members.

Current SSS Contribution Rate in 2026

The current SSS contribution rate is 15% of the applicable Monthly Salary Credit, effective since January 1, 2025.

For ordinary employer-employee coverage, the contribution is divided as follows:

Employer: 10%
Employee: 5%

The maximum MSC is currently ₱35,000.

The portion of MSC above ₱20,000 and up to ₱35,000 is associated with the Mandatory Provident Fund component.

Simple Example

Suppose an employed member has an applicable MSC of:

₱25,000

For the purpose of understanding the split:

First ₱20,000 of MSC → Regular SS component
Remaining ₱5,000 of MSC → Mandatory Provident Fund component

At a combined contribution rate of 15%, the amount associated with that additional ₱5,000 of MSC would be:

₱5,000 × 15% = ₱750

For an employed member, that amount is divided between the employer and employee according to the applicable contribution schedule.

This is only a simplified illustration. Always use the current official SSS contribution table for the exact amount applicable to your compensation range and membership category.

Why Does the ₱20,000 MSC Threshold Matter?

The ₱20,000 threshold separates the regular Social Security component from the mandatory provident-fund component under the current structure.

For pension computation under the regular SSS program, SSS currently states that the maximum MSC considered for the regular benefit component is ₱20,000, until adjusted under applicable rules.

When the contribution basis exceeds that amount, the applicable contribution connected with the excess MSC goes into the member’s Mandatory MySSS Pension Booster account.

This allows higher-income members to accumulate additional retirement savings rather than having the entire higher contribution treated exactly like the regular SSS component.

How Does the Mandatory MySSS Pension Booster Work?

The easiest way to understand the program is to think of your SSS retirement protection as having separate components.

Regular SSS Program

Your regular SSS contributions help determine eligibility and benefits for contingencies such as retirement, disability, sickness, maternity and death.

For retirement, your contribution history and salary credits are important in determining your benefit.

A member generally needs at least 120 monthly contributions before the semester of retirement to qualify for a monthly retirement pension.

You can read our guide on how many SSS contributions are needed to receive a pension for a detailed explanation.

Mandatory Pension Booster

The Mandatory MySSS Pension Booster works more like an individual provident-fund account.

Applicable contributions are credited to the account and invested by SSS.

Over time, the account may grow through:

member contributions + investment income

The accumulated account value is then used in determining the member’s Mandatory Pension Booster benefit.

Does the Mandatory Pension Booster Increase My Regular SSS Pension?

It can increase your overall retirement income, but it should not be confused with the formula used to compute the regular SSS pension.

The regular pension and Mandatory Pension Booster are different components.

Your regular SSS retirement pension is determined under SSS retirement-benefit rules.

Your Mandatory Pension Booster benefit is based on the accumulated value of the mandatory provident-fund account.

Therefore, a member could potentially receive:

Regular SSS retirement benefit

plus

Mandatory MySSS Pension Booster benefit

and, if the member separately contributed voluntarily:

Voluntary MySSS Pension Booster benefit

The official SSS Pension Calculator itself displays these components separately when estimating retirement income.

How Are Mandatory Pension Booster Funds Invested?

The contributions are not simply left as cash in an individual account.

SSS invests provident-fund assets under its investment policies.

The former WISP program stated that investment decisions follow principles such as:

Safety
Yield
Liquidity

Government securities may form a significant part of the fund’s investments, with other permitted investments used within SSS rules.

Your benefit is consequently based not only on contributions but also on the net investment income credited to the account.

Investment returns are not something members should assume will be identical every year.

How to Check Your Mandatory Pension Booster Contributions

The best place to verify your actual record is your My.SSS account.

Do not estimate your existing balance only from your salary because contribution posting and membership history can affect what appears in your actual SSS record.

Log in to your official My.SSS account and review your contribution information and the available Pension Booster or provident-fund records.

If you need help reviewing your contribution history, see our step-by-step guide on how to check your SSS contributions and salary credits online.

Check your records periodically, particularly if you are employed, so that you can identify missing or incorrect contribution postings early.

How Is the Mandatory Pension Booster Benefit Calculated?

There is no single fixed pension amount that applies to every member.

According to SSS, the basis of the Mandatory MySSS Pension Booster benefit is the member’s total accumulated account value at the time the claim is approved.

This includes:

Total mandatory contributions + net investment income

For example, two people could have similar regular SSS pension records but different Mandatory Pension Booster benefits because:

They contributed at different MSC levels
They spent different numbers of years under the mandatory program
Their total contributions differ
Investment earnings credited to their accounts differ

This is why a simple statement such as “WISP gives you ₱X per month” would be misleading.

The benefit must be based on the member’s actual accumulated account value.

When Can You Claim the Mandatory Pension Booster?

The Mandatory Pension Booster is intended for final SSS benefit contingencies rather than ordinary short-term withdrawals.

The principal covered contingencies include:

Retirement

When a member qualifies and files a retirement claim, the Mandatory Pension Booster benefit is processed in connection with the regular SSS retirement benefit.

Permanent Total Disability

A qualifying permanent total disability claim may also trigger the applicable benefit from the Mandatory Pension Booster account.

Death

If the member dies, the appropriate beneficiaries may receive the benefit due from the member’s remaining Mandatory Pension Booster account in accordance with SSS rules.

The beneficiaries generally follow the applicable beneficiary rules under the regular SSS program.

Can I Withdraw WISP or Mandatory Pension Booster Early?

For the mandatory program, you should not treat the account like an ordinary savings account that can be withdrawn whenever you want.

Mandatory savings are generally tied to final benefit claims such as:

Retirement
Permanent total disability
Death

This is an important difference between the mandatory and voluntary programs.

Do not confuse Mandatory MySSS Pension Booster withdrawal rules with the more flexible withdrawal rules of the Voluntary MySSS Pension Booster.

What Is the Voluntary MySSS Pension Booster?

The Voluntary MySSS Pension Booster is the current name of the former WISP Plus program.

Unlike the mandatory component, this is an optional retirement-savings program.

SSS currently allows eligible members to contribute voluntarily regardless of their MSC, subject to the program’s requirements.

The minimum voluntary contribution is:

₱500 per payment

SSS states that there is generally no maximum contribution imposed by the program itself, although limits may depend on the collecting partner or payment facility.

Members can choose to contribute based on their capacity to save.

Who Can Join the Voluntary Pension Booster?

The voluntary program is open to eligible SSS members regardless of MSC.

SSS states that members generally need at least one posted SSS contribution and must not have filed a final benefit claim.

Different membership types may participate, including qualifying:

Employees
Self-employed members
Voluntary members
OFWs

The program is especially aimed at members who want to put additional money aside for retirement beyond their mandatory SSS contributions.

Mandatory vs Voluntary MySSS Pension Booster

These two programs should not be confused.

Feature	Mandatory Pension Booster	Voluntary Pension Booster
Former name	WISP	WISP Plus
Participation	Mandatory when applicable	Optional
MSC connection	Applies to qualifying MSC above ₱20,000	Not restricted to MSC above ₱20,000
Enrollment	Automatic when contribution rules apply	Member chooses to enroll
Contribution amount	Determined by SSS contribution schedule	Member chooses amount subject to program/payment rules
Minimum voluntary payment	Not applicable	₱500
Employer contribution	Shared for qualifying employed members	Voluntary savings are member-funded
Main purpose	Mandatory additional provident-fund savings	Additional optional retirement savings
Early withdrawal	Generally tied to final benefit contingencies	Certain withdrawals may be allowed under SSS rules

Can Voluntary Pension Booster Savings Be Withdrawn?

Yes, the voluntary program has withdrawal provisions that are different from the mandatory program.

SSS currently explains that:

During the first year, withdrawal may be allowed in qualifying extreme-hardship situations, such as certain critical illness, involuntary separation from employment, OFW repatriation or similar circumstances recognized by SSS.

During years two to four, members may be allowed to make a partial or full withdrawal, but the investment income payable may be reduced according to program rules.

From the fifth year onward, members may have the option to withdraw voluntary savings partially or in full subject to SSS conditions.

These rules apply to the Voluntary MySSS Pension Booster and should not be used as the withdrawal rules for mandatory WISP savings.

How to Enroll in the Voluntary MySSS Pension Booster

Eligible members can enroll through their My.SSS account.

SSS currently directs eligible members to log in and select the Pension Booster service, review the applicable terms and conditions, and complete enrollment.

Voluntary contributions can then be paid using a Payment Reference Number through available SSS payment channels and collecting partners.

The voluntary payment is made in addition to the member’s regular SSS contribution.

What Happens to the Pension Booster When You Retire?

When you eventually file an eligible final benefit claim, your regular SSS and applicable Mandatory Pension Booster benefits are processed under their respective rules.

The regular SSS pension may continue for life for an eligible pensioner.

The Pension Booster component is different because it is based on an accumulated account value.

Depending on the applicable SSS rules and the nature of the regular benefit, the provident-fund benefit may be paid through an annuity/pension arrangement, lump sum, or applicable benefit-payment structure.

If you want to estimate your regular retirement benefit before reaching retirement age, use our SSS Pension Calculator.

Remember that any online calculator provides only an estimate. Your actual benefit is determined by SSS using your official contribution and membership records.

Does WISP Still Exist in 2026?

If by “WISP” you mean the mandatory SSS provident fund, the program continues but is now called the Mandatory MySSS Pension Booster.

You may still encounter the word WISP in:

Older contribution records
Older SSS documents
Previous articles
Existing online discussions
Historical contribution information

So the term is still useful when trying to understand older records.

However, when discussing the current program, Mandatory MySSS Pension Booster is the more accurate terminology.

Similarly:

WISP Plus → Voluntary MySSS Pension Booster

What Should You Do If Your Mandatory Contribution Is Missing?

If your MSC should have generated a Mandatory Pension Booster contribution but your record appears incomplete:

Check your contribution history in My.SSS.
Compare the posted MSC with your payroll/contribution records.
Allow for normal posting time where appropriate.
If you are employed, contact your employer or payroll/HR department if a remittance appears incorrect.
Contact SSS through an official channel if the discrepancy remains unresolved.

For retirement planning, contribution problems are better addressed early rather than discovered shortly before filing a benefit claim.

Key Points to Remember

The old WISP program is now known as the Mandatory MySSS Pension Booster.

For the current contribution framework:

The SSS contribution rate is 15%.
The maximum MSC is currently ₱35,000.
Contributions associated with MSC above ₱20,000 up to ₱35,000 are credited to the Mandatory Provident Fund component.
Employer and employee share the applicable mandatory contribution for employed members.
Qualifying self-employed, voluntary and OFW members shoulder their applicable contribution themselves.
The mandatory account grows through contributions and net investment income.
Benefits are associated with retirement, permanent total disability and death.
The mandatory program should not be confused with the Voluntary MySSS Pension Booster, formerly WISP Plus.

Frequently Asked Questions

What is WISP called now?

WISP is now called the Mandatory MySSS Pension Booster.

Is WISP still mandatory?

The mandatory provident-fund component remains mandatory when the member’s contribution falls within the qualifying MSC range. It is automatically allocated under the SSS contribution schedule.

What MSC is required for Mandatory MySSS Pension Booster?

The mandatory component applies to contributions corresponding to MSC above ₱20,000, up to the current maximum MSC of ₱35,000.

Does every SSS member pay Mandatory Pension Booster?

No. It applies when the member’s contribution falls within the qualifying MSC range. Members whose MSC does not exceed ₱20,000 do not have an excess MSC portion to allocate to the mandatory provident fund under the current rules.

What happened to my old WISP contributions?

They remain part of your mandatory provident-fund savings. The program was rebranded; the name change does not mean previous WISP contributions disappeared.

Can I check my WISP balance online?

Check your My.SSS account for your contribution and Pension Booster/provident-fund information. You can also follow our guide to checking SSS contributions and salary credits online.

Can I withdraw Mandatory Pension Booster money for an emergency?

The Mandatory Pension Booster is not an ordinary emergency savings account. Its benefits are generally tied to final contingencies such as retirement, permanent total disability and death.

Do not confuse this with the Voluntary Pension Booster, which has separate withdrawal provisions.

Is WISP Plus still available?

WISP Plus was rebranded as the Voluntary MySSS Pension Booster.

What is the minimum voluntary Pension Booster contribution?

SSS currently states that members may contribute as little as ₱500 per payment under the voluntary program.

Is the Mandatory Pension Booster included in my regular SSS pension?

It supplements the regular SSS benefit but is computed separately. The mandatory benefit depends on your accumulated account value, including contributions and net investment income.

How much SSS pension will I receive when I retire?

Your actual pension depends on your official contribution history, salary credits and other SSS benefit rules. You can use our SSS Pension Calculator for an estimate and then verify your actual record through My.SSS.

Information Accuracy and Official Sources

Last manually reviewed against official SSS sources: September 10, 2026.

This guide was reviewed against current information published by the Philippine Social Security System, including:

SSS MySSS Pension Booster guidance
Current SSS Contribution Table
Mandatory Provident Fund information
SSS contribution rules effective January 2025
Official SSS WISP/Pension Booster guidance

SSS rules, contribution schedules and program procedures may change. When official SSS information differs from this guide, follow the latest instructions issued by the Social Security System.

SSSPensionCalculator.ph is an independent informational website and is not affiliated with or operated by the Philippine Social Security System.