7 SSS Benefits You Should Know


SSS Benefits

SSS was created to give security to the Filipino individuals against the unusual occasions that may bring about monetary weights, such as, inability, disorder, maternity, and death. The program had already helped a lot of Filipino members since it started.

However, there are SSS members who don't know about the different SSS benefits they or their family can claim.

Some only know about the retirement benefits they can enjoy when they arrive at retirement age. Some are not even aware of maternity advantage.

Hence, I choose to share this information so others may know and guarantee their privileges.

Types of SSS Benefits in the Philippines


Here are the 7 benefits that we can possibly claim as an SSS member.


Sickness benefit


Sickness benefit is daily money recompense paid for the number of days a member can't work because of illness or injury and is conceded up to a limit of 120 days in one schedule year. 

The measure of the member's day by day ailment benefit remittance is equal to 90% of his/her Average Daily Salary Credit (ADSC). 


The qualifying conditions are:


1. The member can't work because of ailment or damage and is limited either in an emergency clinic or at home, for at any rate four (4) days. 

2. The member has paid in any event three (3) months of commitment inside the year time frame preceding the semester of infection or damage. 


3. The member has spent all organization debilitated leaves with pay for the present year and has properly informed the business. 


4. If separated from work, an independently employed or voluntary member, or an abroad Filipino laborer (OFW), the member should tell the SSS DIRECTLY by documenting an affliction advantage application.


Maternity Benefit


Maternity benefit is a day by day money remittance allowed to a female member who can't work because of labor or premature delivery and is offered up to the initial four (4) conveyances or unsuccessful labors in particular. 

The measure of the day by day maternity advantage stipend is equal to 100% of her Average Daily Salary Credit (ADSC) which is increased by 60 DAYS for ordinary conveyance, unsuccessful labor, or ectopic pregnancy WITHOUT activity/hydatidiform mole (H-mole) and duplicated by 78 DAYS for cesarean area conveyance or ectopic pregnancy WITH activity. 


To know more about maternity benefit including its qualifying conditions, please check our post about it.


Disability


Disability benefit is a money benefit allowed either as a month to month benefits or a single amount add up to a member who turns out to be for all time handicapped. 

On the off chance that the member is qualified, he/she is conceded a month to month handicap benefits in addition to a Php500 month to month supplemental stipend. 


On the off chance that the part has less than ten (10) Credited Years of Service (CYS), the most minimal month to month handicap annuity is Php1000. 


In the event that the part has AT LEAST 10 Credited Years of Service, the most reduced month to month incapacity benefits is Php1200. 


In the event that the part has AT LEAST 20 Credited Years of Service, the most reduced month to month incapacity benefits is Php2400. 


Here are the other qualifying conditions:


1. The member has paid in any event one (1) month commitment before the semester of inability. 


2. The member was more likely than not paid at any rate 36 month to month commitments (3 years) preceding the semester of incapacity to have the option to meet all requirements for a month to month inability annuity. 


3. If the member has paid less than 36 month to month commitments, he/she is allowed a singular amount sum.


Retirement Benefit


The retirement benefit is a cash benefit either as a month to month annuity or a single amount add up to a part who can never again work because of mature age. 

On the off chance that the member is qualified, he/she will be conceded a month to month retirement benefits in addition to a thirteenth-month annuity payable each December. 


On the off chance that the member has subordinate MINOR youngsters, they are given a reliant's benefits comparable to (10%) of the part's month to month annuity or Php250, whichever is higher. Just five (5) minor youngsters, starting from the most youthful, are qualified for dependent's benefits. No substitution is permitted. 


The most reduced month to month retirement annuity is Php1200 if the part has in any event 120 month to month commitments and Php2400 if the part has 240 month to month commitments. 


The retiree, notwithstanding, has the alternative to get the initial eighteen (year and a half) annuity in a singular amount, limited at a particular pace important to be dictated by the SSS. This choice can be practiced uniquely upon the documenting of the primary retirement guarantee. The reliant's benefits and thirteenth-month annuity are rejected from the propelled year and a half benefits. 


Here are the qualifying conditions for retirement benefit:


1. The member is in any event 60 years of age which is discretionary retirement age, isolated from business, or has stopped to act naturally utilized and has paid at any rate 120 month to month commitments (10 years) preceding the semester of retirement. 


2. The member is 65 years of age which is the compulsory retirement age, regardless of whether utilized or not and has paid in any event 120 month to month commitments before the semester of retirement. 


3. The member more likely than not paid at any rate 120 month to month commitments before the semester of retirement to fit the bill for a month to month retirement benefits. 


4. If the part has LESS than 120 month to month commitments, he/she might be conceded a single amount sum, however, he will likewise be given the alternative to keep paying commitments to finish the 120 months to end up qualified for a month to month benefits.


Death


The death benefit is a money advantage that is given either as a month to month benefits or a singular amount add up to the recipients of a perished part.

In the event that the member is qualified, the primary beneficiary is granted monthly death benefits in addition to a thirteenth-month annuity payable each December. 


On the off chance that the part has subordinate MINOR kids, they are given a needy's annuity proportional to (10%) of the part's month to month benefits or Php250, whichever is higher. Just five (5) minor youngsters, starting from the most youthful, are qualified for dependent's annuity. Still, there is no substitution permitted. 


On the off chance that the part has LESS than 10 Credited Years of Service, the most minimal month to month demise benefits are Php1000. 


On the off chance that the part has AT LEAST 10 Credited Years of Service, the most minimal month to month demise benefits are Php1200. 


In the event that the part has AT LEAST 20 Credited Years of Service, the most reduced month to month passing benefits are Php2400. 


Here are the qualifying conditions:


1. A month to month demise benefits is conceded to the essential recipient of the deceased member who has paid in any event 36 month to month commitments (3 years) preceding the semester of death. The essential recipient could be the authentic life partner until he/she remarries, and legitimate, legitimated or lawfully embraced, and ill-conceived youngsters. 


2. If the departed member has only paid LESS than 36 months contribution, a lump sum amount is conceded to the primary recipient. 


3. If the departed member has no primary recipients, the member's auxiliary recipients (subordinate guardians) will be given a singular amount sum.


Funeral


Funeral benefit is a kind of cash benefit that is given to whoever paid for the internment costs of the deceased member. It is a variable sum going from at least Php20,000 to a limit of Php40,000 relying upon the part's paid commitments and credited long stretches of administration. 

The qualifying conditions for this benefit are:


1. The worker part is accounted for inclusion by the business. 


2. An independently employed member, OFW or non-working companion who has paid at any rate one (1) month commitment. 


3. A deliberate member who is recently secured either as employed, independently employed, or OFW and has paid at any rate one (1) month contribution.


Employees’ Compensation (EC) Program


EC is a type of cash benefit for brief ailment or incapacity, lasting fractional or complete inability, and demise. It likewise covers therapeutic administrations, recovery administrations, apparatuses, and supplies. This program means to help the individuals who experience the ill effects of work-associated ailment or damage bringing about incapacity or passing. 

Beginning in June 1984, the advantages under the EC Program might be delighted in all the while with benefits under the Social Security Program permitting twofold pay for secured individuals who endure business-related possibilities. 


All SSS-enlisted managers and representatives are obligatorily secured under the EC program and don't have to enlist again under the EC.

What other SSS benefits do you know are available for us Filipinos? Please tell us in the comments section below.

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