Here’s List of SSS Benefits Members who are Qualified may Apply For
LIST OF SSS BENEFITS – Here are the benefit offers of the Social Security System, more popularly called SSS, to its qualified members.
Millions of Pinoys are members of the Social Security System (SSS), a state-run social insurance institution in the country. Most of the members are either employed in the private sector or self-employed. Some of the members of the social insurance agency are overseas Filipino workers (OFWs).
SSS members, submit a certain amount as contribution or savings to the state-run social insurance agency monthly. Members who have updated contributions may qualify to the offers of the institution.
The SSS offers include benefits and loans. The list of benefits is composed of offers that serve different purposes.
SSS Benefit Offer | Description | You may visit: |
SSS Sickness Benefit | According to the social insurance institution, members who are unable to attend work due to illness may receive a cash allowance. This allowance is intended to help members cover expenses while they are recovering from sickness, relieving them of concerns about insufficient monthly budgets resulting from their absence from work. | SSS SICKNESS BENEFITS – How To Apply & Requirements in Applying. |
SSS Maternity Benefit | In case of childbirth, female members of the SSS may qualify for a daily cash allowance if they are unable to work. This allowance can provide substantial support, especially considering the considerable expenses associated with giving birth for both the mother and the parents. | SSS Maternity Benefit To Reach P70,000 Starting January 2020 |
SSS Disability Benefit | In the event of permanent disability, an SSS member may qualify for either a monthly pension or a lump sum payment. This can be a valuable support, especially if the member is the primary breadwinner for their family. | SSS DISABILITY BENEFIT – Who Are Qualified To Avail This Benefit |
SSS Retirement Benefit | Upon reaching the age of 60 and having made a total of 120 monthly contributions, a senior citizen member of the social insurance program may qualify for a monthly pension. This benefit ensures that the retiree has a dependable income source to meet their personal needs. | SSS RETIREMENT BENEFITS – Who Are Qualified For Pension & Lump Sum |
SSS Death Benefit | The SSS offers a cash benefit to the beneficiaries of deceased members. This benefit is granted to those who shoulder the burial expenses of the member. Furthermore, the family of the deceased member may also be eligible for death benefits provided by the SSS. | SSS DEATH BENEFITS – List of Other Benefits Beneficiaries of Deceased Member May Get |
The Social Security System also has several loan offers. To check on the offers, kindly visit – SSS LOANS: 3 SSS Loan Offers For Members & How To Apply For Them.