All You Need to Know About Your SSS Benefits

08 - 16

The SSS Calamity Loan is a special privilege offered by the SSS to members who reside, work, or have properties in areas declared by the government to be under a state of calamity.  This type of loan is not open to all and not readily available unless the government and SSS come to an agreement during emergency situations.  What SSS members can truly count on are the following benefits that are automatically available to members with updated contributions and loans.

For your ready reference, below is a summary of SSS benefits that every member can enjoy:

TYPE OF BENEFIT QUALIFYING CONDITIONS AMOUNT OF BENEFIT
SICKNESS

A daily cash allowance paid for the number of days a member is unable to work due to sickness or injury.

  • The member is unable to work due to sickness or injury and is confined either in a hospital or at home for at least four days.
  • He/she has paid at least three months of contributions within the 12-month period immediately before the semester of sickness or injury.
  • He/she has used up all company sick leaves with pay for the current year and has duly notified his/her employer; or
  • He/she must notify the SSS directly by filing a sickness benefit application if he/she is separated from employment, a self-employed or voluntary member, including overseas Filipino worker OFW) members.
  • The amount of the member’s daily Sickness Benefit allowance is equivalent to 90% of his/her average daily salary credit (ADSC).
  • The Sickness Benefit is granted up to a maximum of 120 days in one calendar year.
Maternity

A daily cash allowance granted to a female member who is unable to work due to childbirth or miscarriage.

  • The member has paid at least three months of contributions within the 12-month period immediately before the semester of her childbirth or miscarriage.
  • If employed, she must have given notification of her pregnancy through her employer, or
  • She must directly notify the SSS if she is separated from employment, a self-employed or voluntary member, including OFW-member.
  • The amount of the daily Maternity Benefit allowance is equivalent to 100% of her ADSC, multiplied by 60 days in case of normal delivery/miscarriage/ ectopic pregnancy without operation/H-mole, or by 78 days for caesarean section delivery/ ectopic pregnancy with operation.
  • The Maternity Benefit is granted up to the first four deliveries or miscarriages only.
Disability

A cash benefit granted – either as a monthly pension or a lump sum amount – to a member who becomes permanently disabled, either partially or totally.

  • The member has paid at least one month contribution before the semester of disability.
  • To qualify for a monthly disability pension, he/she must have paid at least 36 monthly contributions prior to the semester of disability.
  • If with less than 36 monthly contributions, he/she is granted a lump sum amount.
  • If qualified, the member is granted a monthly Disability Pension, plus a P500 monthly Supplemental Allowance.
  • The lowest monthly Disability Pension is P1,000 if the member has less than ten credited years of service (CYS); P1,200 if with at least ten CYS, and P2,400 if with at least 20 CYS.
Retirement

A cash benefit granted either as a monthly pension or a lump sum amount to member who can no longer work due to old age.

  • The member is at least 60 years old (optional retirement), separated from employment or has ceased to be self-employed; and has paid at least 120 monthly contributions prior to the semester of retirement; or
  • The member is 65 years old (mandatory retirement), whether employed or not; and has paid at least 120 monthly contributions prior to the semester of retirement.
  • To qualify for a monthly retirement pension, the member must have paid at least 120 monthly contributions prior to the semester of retirement.
  • If with less than 120 monthly contributions, he/she may be granted a lump sum amount, but will also be given the option to continue paying contributions to complete the 120 months to become eligible for monthly pension.
  • If qualified, the member is granted a monthly Retirement Pension, plus a 13th month pension payable every December.
  • The retiree has the option to receive the first 18 months pension in lump sum, discounted at a preferential rate of interest to be determined by the SSS. This option can be exercised only upon filing of the first retirement claim, and the Dependent’s Pension and the 13th month pension are excluded from the advanced 18 months pension.
  • If the member has dependent minor children, they are given a Dependent’s Pension equivalent to 10% of the member’s monthly pension or P250, whichever is higher.  Only 5 minor children, beginning from the youngest, are entitled a Dependent’s Pension. No substitution is allowed.
  • The lowest monthly Retirement Pension is P1,200 if the member has 120 monthly contributions or at least 10 CYS; or P2,400 if with at least 20 CYS.
Death

A cash benefit granted – either as a monthly pension or a lump sum amount – to the beneficiaries of a deceased member.

  • A monthly death pension is granted to primary beneficiary (legitimate spouse until he/she remarries, and dependent legitimate, legitimated or legally adopted, and illegitimate children)of the deceased member who had paid at least 36 monthly contributions prior to the semester of death.
  • A lump sum amount is granted to the primary beneficiary if the deceased member had less than 36 monthly contributions.
  • If there are no primary beneficiaries, the member’s secondary beneficiaries (dependent parents) shall be given a lump sum amount.
  • If qualified, the member’s primary beneficiary is granted a monthly Death Pension, plus a 13th month pension payable every December.
  • If the member has dependent minor children, they are given a Dependent’s Pension equivalent to 10% of the member’s monthly pension or P250, whichever is higher. Only 5 minor children, beginning from the youngest are entitled to Dependent’s Pension.  No substitution is allowed.
  • The lowest monthly Death Pension is P1,000 if the member had less than 10 CYS; P1,200 if with at least 10 CYS; and P2,400 if with at least 20 CYS.
Funeral

A cash benefit given to whoever paid for the burial expenses of the deceased member.

  • The employee-member was reported for coverage by his/her employer;
  • A self-employed member/OFW/non-working spouse who had at least 1 contributor payment;
  • A voluntary member who was previously covered either as employed/self-employed/OFW and had at least one contribution/payment.
  • The Funeral Benefit is a variable amount ranging from a minimum of P20,000 to a maximum of P40,000, depending on the member’s paid contributions and CYS.
Employees’ Compensation Program (EC)
  • Cash benefit for temporary sickness or disability, permanent partial or total disability, and death.
  • Medical services, appliances, and supplies
  • Rehabilitation Services
  • The EC Program aims to assist those who suffer from work-connected sickness or injury resulting in disability or death. Starting June 1984, the benefits under the EC Program may be enjoyed simultaneously with benefits under the Social Security Program, thus, allowing double compensation for covered members who suffer work-related contingencies.  All SSS-registered employers and their employees are compulsorily covered under the EC Program and need not register again under the EC.
Salary Loan

A cash loan granted to an employed, currently-paying self-employed or voluntary member.  It is intended to meet the member’s short-term credit needs.

  • An employed, currently-paying self-employed or voluntary member who has six posted monthly contributions within the last 12 months prior to the month of filing of loan application.
  • For one-month loan, the member must have 36 posted monthly contributions prior to the month of filing of application.
  • For two-month loan, the member must have 72 posted monthly contributions prior to the month of filing of loan application.
  • If employed, the member’s employer must be updated in the payment of contribution and loan remittances.  The member must also be updated in the payment of other loans with SSS.
  • A one-month loan is equivalent to the average of member’s last 12 monthly salary credits (MSCs), or the amount applied for, whichever is lower.
  • A two-month loan is equivalent to twice the average of the member’s last 12 MSCs posted, rounded to the next higher MSC, or the amount applied for, whichever is lower.
  • The loan shall be charged an interest rate of 10% per annum until fully paid, based on diminishing principal balance, and shall be amortized over a period of 24 months.
  • If the loan is not fully paid at the end of the term, interest shall continue to be charged on the outstanding principal balance until fully paid.
  • In case of default, the arrearages/unpaid loan shall be deducted from the member’s short-term benefit claims (e.g. sickness/maternity), if any, or from his/her final benefit claim (e.g. death, retirement, total disability).
  • The loan can be renewed after payment of at least 50% of the original loan amount and at least 50% of the loan term has lapsed.

Source: https://www.sss.gov.ph

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8 thoughts on “All You Need to Know About Your SSS Benefits

  1. Good day..tanong kulang po kung hindi ba ako mahihirapan e claim yung maternity allowance ko dahil po mga gamit kung i.d single po kahit kasal na ako hindi pa ako kumuha mga bago id ko gamit ko parin apilyedo ko..tnx po

  2. just want to inquire sa SSS dati akong member but i stopped paying na may benifits ba ako makukuha kahit nag stop na ako pay? ive been paying for almost 10 yrs

    1. Hi Ferdinand,

      You can check online kung ano ang status ng membership mo. Effectively naman, hindi nawawala ang membership sa SSS dahil lang hindi ka nakakapag hulog. Ang affected ng non remittance of contributions ay ang claim mo sa benefits mo later on.

      YOu can check your records online by creating an online account at http://www.sss.gov.ph, go to MySSS. Or you can visit the nearest SSS office.

      MC

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