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{"id":4118,"date":"2018-07-04T15:56:42","date_gmt":"2018-07-04T15:56:42","guid":{"rendered":"http:\/\/pinoyjuander.com\/?p=4118"},"modified":"2018-08-18T10:43:14","modified_gmt":"2018-08-18T10:43:14","slug":"important-sss-benefits","status":"publish","type":"post","link":"https:\/\/readph.com\/important-sss-benefits\/","title":{"rendered":"7 Important SSS Benefits for its Members"},"content":{"rendered":"

If you have been paying your contributions as a member of the Social Security System (SSS), you will soon be entitled to several SSS benefits<\/em>. What kinds of benefits, you ask? Well, this article is written to address that question and to help contributors become more aware of the privileges available to them.<\/p>\n

$\"Important-SSS-Benefits-for-its-Members\"$ <\/p>\n

Aside from pension fund for retirees, SSS also provides loans and financial assistance for members.<\/h2>\n
1. SSS Maternity Benefits<\/h3>\n
For example, women who couldn\u2019t go back to work because of childbirth (or even miscarriage) may avail of maternity benefits. This means they can receive a daily cash allowance equivalent to 100 percent of their average daily salary credit. For normal delivery or miscarriage, the amount will be multiplied by 60 days while those who underwent a C-section will be multiplied by 78 days.<\/p>\n
2. SSS Sickness or Injury Benefits<\/h3>\n
If you cannot go to work because of sickness or injury, yes, you as an SSS member can be entitled to a daily cash allowance. If you have been confined at home or at the hospital for a minimum of four days, then you can avail of this benefit and receive an amount equal to 90% of your average daily salary for each day you are unable to work. Learn the step-by-step guide\u00a0on how to avail the SSS sickness benefits.<\/p>\n
3. Disability Pension<\/h3>\n
If you have been into an accident and, as a result, have become permanently disabled, whether totally or partially, then you are entitled to a cash benefit. You can either choose to receive the money as a monthly pension or as a lump-sum amount.<\/p>\n
4. SSS Retirement Pension Benefits<\/h3>\n
Of course, members who retire from work can apply for retirement pension. Mandatory retirement is for individuals who are at least 65 years old while optional retirement is available for those who are 60 years old and above. As with disability benefits, SSS members can either receive a monthly pension or a lump-sum amount.
\nAn additional 13th-month pension is also given every December.<\/p>\n
5. Dependent\u2019s Pension<\/h3>\n
Meanwhile, young children of members are entitled to a dependent\u2019s pension. The catch here, however, is that only five minor children are entitled to this type of pension.<\/p>\n
6. SSS Death Pension Benefits<\/h3>\n
Beneficiaries of a deceased SSS member can receive cash benefit either as a monthly pension or a lump-sum amount. This type of pension is usually given to the husband\u2019s spouse or children.
\nIf you take the monthly death pension option, the beneficiary is also entitled to a 13th-month pension every December plus minor children can also receive a dependent\u2019s pension amounting to 10% of the father\u2019s monthly pension.<\/p>\n
7. SSS Loans<\/h3>\n
Finally, SSS also offers cash loans for members who have at least contributed for the past 12 months before their loan application. This could be helpful if you are in need of cash to use for whatever purpose. The loan payment can later be deducted straight from your salary plus there will be a 10% interest rate per annum until the loan is paid in full.<\/p>\n
For more information about SSS benefits, visit the office in your area or check out their official website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"
If you have been paying your contributions as a member of the Social Security System (SSS), you will soon be entitled to several SSS benefits. What kinds of benefits, you ask? Well, this article is written to address that question and to help contributors become more aware of the privileges available to them. Aside from […]<\/p>\n","protected":false},"author":2,"featured_media":6261,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83,140],"tags":[950,951,949],"yoast_head":"\n7 Important SSS Benefits for its Members - READit<\/title>\n<meta name=\"description\" content=\"If you have been paying your contributions as a member of the Social Security System (SSS), you will soon be entitled to several SSS benefits.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/readph.com\/important-sss-benefits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"7 Important SSS Benefits for its Members - READit\" \/>\n<meta property=\"og:description\" content=\"If you have been paying your contributions as a member of the Social Security System (SSS), you will soon be entitled to several SSS benefits.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/readph.com\/important-sss-benefits\/\" \/>\n<meta property=\"og:site_name\" content=\"READit\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/infomativefeed\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-04T15:56:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-08-18T10:43:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/readph.com\/wp-content\/uploads\/2017\/02\/Important-SSS-Benefits-for-its-Members.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"335\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"editorial staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"editorial staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/readph.com\/important-sss-benefits\/\",\"url\":\"https:\/\/readph.com\/important-sss-benefits\/\",\"name\":\"7 Important SSS Benefits for its Members - 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3. Disability Pension<\/h3>\nIf you have been into an accident and, as a result, have become permanently disabled, whether totally or partially, then you are entitled to a cash benefit. You can either choose to receive the money as a monthly pension or as a lump-sum amount.<\/p>\n

5. Dependent\u2019s Pension<\/h3>\nMeanwhile, young children of members are entitled to a dependent\u2019s pension. The catch here, however, is that only five minor children are entitled to this type of pension.<\/p>\n

3. Disability Pension<\/h3>\n
If you have been into an accident and, as a result, have become permanently disabled, whether totally or partially, then you are entitled to a cash benefit. You can either choose to receive the money as a monthly pension or as a lump-sum amount.<\/p>\n

5. Dependent\u2019s Pension<\/h3>\n
Meanwhile, young children of members are entitled to a dependent\u2019s pension. The catch here, however, is that only five minor children are entitled to this type of pension.<\/p>\n