The Social Security System (SSS) announced last June 10 that its members can boost their retirement and savings through the MySSS Pension Booster program, which offers a projected 7.2 percent annual return rate.

SSS President and Chief Executive Officer Rolando Ledesma Macasaet said that SSS renamed the Worker’s Investment and Savings Program (WISP) and WISP Plus into the MySSS Pension Booster to reflect the primary goal of the savings program of boosting their retirement funds.

Macasaet said that the MySSS Pension Booster savings schemes were part of the reforms introduced by Republic Act No. 11199 or the Social Security Act of 2018, sponsored by Finance Secretary Ralph G. Recto during his tenure as a senator.

“The MySSS Pension Booster is not just an ordinary retirement savings plan. It’s a safe, convenient, and tax-free investment opportunity that allows you to earn income from your contributions. By participating, you can attain your savings goal, ensuring a comfortable retirement,” Macasaet said.

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