List of Social Security System / SSS Member Benefits
SSS MEMBER BENEFITS – Here is a list of the benefits of being a member of the Social Security System.
A huge part of the populace in the Philippines are part of the Social Security System or more commonly called SSS. It is a government-run insurance program that offers a lot of benefits to its members.
Most of the members of SSS are employees in private sectors, self-employed individuals, and non-working people. If you have an SSS membership and is updated in paying for the monthly contribution, you may be entitled to a lot of benefits.
READ ALSO: SSS Contribution Rate 2019
Based on the official website of the Social Security System, aside from its loans which includes the SSS Salary Loan, SSS Housing Loan, and SSS Business Loan, here are the other SSS member benefits:
Sickness
According to the social insurance institution, a member may be paid with a cash allowance during the time that he or she was not able to report to work due to sickness.
Maternity
Female members of the SSS may be entitled to a daily cash allowance following a childbirth which causes the member to be unable to report to work.
Disability
An SSS member who became permanently disabled may be granted a monthly pension or a lump sum money.
Retirement
Upon reaching 60 years old and a total of 120 monthly contribution, a senior citizen member of the social insurance program may be granted a monthly pension.
Death
One of the SSS member benefits concerns about the passing of the member. His or her beneficiaries may be granted a monthly pension or a lump sum money.
Funeral
The SSS gives a cash benefit to its deceased members. It is granted to someone who paid for the expenses during the burial of the member.
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It’s so nice to hear this program.. I hope I can avail…
Hello po meron po ako loan cguro nsa 13k masyado na po matagal na di ko nababayaran until now paano po kya un?