Guide on the SSS Disability Benefit Lump Sum for Members
The Social Security System members experiencing disability may qualify for a lump sum under the SSS Disability Benefit offer.
One of the huge advantages in maintaining an active and updated account to the Social Security System is the qualification to its loans and offers when unforeseen incidents take place. Among these unexpected circumstances are those that may leave a person with disability.
Under the SSS Disability Benefit, both partial and permanent disabilities are covered. The member who filed for a claim may get a lump sum if his/her total posted monthly contributions prior to the semester of the disability is below 36 months.
The SSS Disability Benefit lump sum is also given to members whose disability claims’ approved pension duration is less than 12 months. How much a member may get as SSS Disability Benefit lump sum?
For the lump sum for partial disability benefit, the formula that yields the higher amount will be considered by the SSS for member grant:
- Monthly pension x 12 x Percentage of disability
- Monthly disability pension x Number of SSS monthly contributions x Percentage of disability in relation to the whole body
For the lump sum for permanent disability benefit, the formula that yields the higher amount will be considered by the Social Security System for member grant:
- Monthly pension x 12
- Monthly disability pension x Number of SSS monthly contributions
An SSS member who has posted at least one (1) monthly contribution in his/her account may qualify to the disability benefit offer unlike the other SSS benefits that usually require at least 36 posted monthly contributions.
The process in the filing of claim under the Disability Benefit offer of the Social Security System is quite different. This involves evaluation by a doctor or medical expert.
