Guide on SSS Unemployment Benefits Eligibility Requirements – Are OFWs Covered?
SSS UNEMPLOYMENT BENEFITS – Here is a guide on whether or not overseas Filipino worker (OFW) members of the Social Security System (SSS) may apply for it.
Membership in social insurance institutions is really beneficial to people most especially to breadwinners of their families. It does not only secure the retirement years but it may also serve as a safety net in times of unexpected circumstances.
In the Philippines, one of the biggest social insurance institutions is the Social Security System. More commonly called SSS, it is a state-run institution and most of its members are Filipinos working in the private sector. Meanwhile, it is not only limited for private company employees as many of its members are self-employed individuals, overseas Filipino workers (OFWs), and those who applied for voluntary membership.
What are the unforeseen circumstances wherein SSS can step in to help? For example, unemployment or the unexpected loss of a job. Truth be told that many employments in the private sector may not guarantee stability due to uncontrolled changes that may occur from time to time. Many businesses rely on their income and the overall running of the company.
In case of involuntary loss of job due to retrenchment or downsizing, closure or cessation of operation, installation of labor-saving devices, redundancy, etc., SSS members may turn to unemployment benefits offered by the institution. For the eligibility requirements, you may visit – SSS Unemployment Insurance Benefit: Who Are Qualified To Apply For It.
You might also like to check on the possible amount that you may receive. Feel free to visit – SSS Unemployment Benefit Amount: Guide on How Much You May Get.
With regards to the qualification of the OFW members of SSS for the SSS Unemployment Benefits, yes both sea-based and land-based Filipinos who worked abroad but lost their job may apply for a grant.
You may also visit – SSS Housing Loan for House Repair / Improvement – Who Are Qualified to Apply