SSS Unemployment Benefit vs. GSIS Unemployment Benefit — Their Unique Sets of Features

Lists of SSS Unemployment Benefit & GSIS Unemployment Benefit Features & Requirements

SSS UNEMPLOYMENT BENEFIT vs. GSIS UNEMPLOYMENT BENEFIT – Here are the features of these offers of the Social Security System and the Government Service Insurance System.

Are you one of the members of either the Social Security System (SSS) or the Government Service Insurance System (GSIS)? If you are and you maintained an updated account, you may qualify to the benefit offers of the social insurance giants. One of these benefits is the Unemployment Benefit.

SSS Unemployment Benefit, GSIS Unemployment Benefit

Both the SSS and the GSIS have unemployment benefit offers. Undeniably, while almost everyone won’t like to lose their jobs, at least, these unemployment benefits provide a safety net. You may be wondering if there are differences between the SSS Unemployment Benefit offer and GSIS Unemployment Benefit offer.

SSS LOANS & GSIS LOANS
Photo Credit: Metro News Central

There are different features, specifically qualifications, assistance amount, and documentary requirements, under the Unemployment Benefit offers of the Social Security System and the Government Service Insurance System.

Here is a detailed presentation of the qualifications, assistance amount, and documentary requirements under the Unemployment Benefit offers of the two (2) social insurance giants:

SSS Unemployment BenefitGSIS Unemployment Benefit
should not be over sixty (60) years of age at the time of involuntary separation, except in the case of an underground or surface mineworker which the person must not be over fifty (50) years old and in the case of a racehorse jockey, not over fifty-five (55) years old.a permanent employee at the time of separation
has paid at least thirty-six (36) monthly contributions, twelve months (12) of which should be in the eighteen-month (18) period immediately preceding the month of involuntary separationseparation was involuntary due to the abolition of member-employee’s office or position resulting from reorganization
without settled unemployment benefit within the last three (3) years prior to the date of involuntary separationhas been paying the contributions for at least one (1) year prior to separation
as been involuntary separated from employment due to any of, but not limited to retrenchment or downsizing of company, installation of labor-saving devices, redundancy, closure or cessation of operation, or disease or illness
SSS Unemployment BenefitGSIS Unemployment Benefit
equal to 50% of your average monthly salary credits (AMSC); member may be granted up to twice of the said amount50% of his or her average monthly compensation; the length of the assistance will depend on the total contributions of the member:

2-month benefits for those who have at least one (1) year contributions but not more than three (3) years

3-month benefits for those who have at least three (3)-year contributions but not more than six (6) years

4-month benefits for those who have at least six (6)-year contribution but not more than nine (9) years

5-month benefits for those who have at least nine (9)-year contribution but not more than 11 years

6-month benefits for those who have at least 11-year contribution but not more than 15 years
SSS Unemployment BenefitGSIS Unemployment Benefit
Original and photocopy of any primary identification cards (IDs) or documentsService Record indicating last day of service/actual date of involuntary separation , and Leaves of Absences With Pay or Without Pay
Department of Labor and Employment (DOLE) Certification that proves the way and date of forceful job lossduly-accomplished Application Form for Unemployment Benefits Under RA 8291
Notice of Termination from the Employer / Affidavit of Termination of EmploymentDeclaration of Pendency/Non-Pendency of case prior to electronic crediting or check printing

Aside from the Unemployment Benefit, there are several other SSS benefits as well as GSIS benefits that the members of the social insurance giants may avail.

Leave a Comment