Professional Documents
Culture Documents
Sss and You 2019
Sss and You 2019
Sss and You 2019
Presented by:
Member Education
Department
Social Security System
What is SOCIAL SECURITY ?
It is the protection that society gives its members
against the economic and social distresses caused
by the contingencies such as -
Compulsory Voluntary
Employed Separated
Self-employed employees
Household Non-working
Helpers spouse
OFW
UNIFIED MULTI-
PURPOSE ID
Contribution Rate: 12%
MONTHLY AMOUNT OF
SALARY CREDIT CONTRIBUTION
Min. 2,000 Min. P240
Max 20,000 Max. P2,400
ER-EE
SHARING
Employer 8 %
Employee 4 %
SE/VM 12 %
2
Y
Disability
Death/Funeral
Retirement
EMPLOYEES
COMPENSATIO
N
Unemployment Benefit
A cash benefit granted to
members who are
involuntarily separated from
employment.
UNEMPLOYMENT BENEFIT
QUALIFICATIONS
Has no settled
Not over 3 unemployment benefit
< 60 sixty 60 years
old
years within the last three
(3) years
With 36
contributions. 12 Separation did not
months of which arise from
should be in the 18- employee’s fault
month period. or negligence.
UNEMPLOYMENT
AMOUNT OF BENEFIT
BENEFIT
7
Option to
allocation
Up to DAYS
CHILD'S ALTERNATE
FATHER OR CAREGIVER
married or not to relative or the
female member current partner
Republic of the Philippines
SOCIAL SECURITY SYSTEM
ALLOCATION OF MATERNITY LEAVE CREDITS
T H IS F OR M M A Y B E R E P R O D UC E D A N D IS N O T F O R S A LE . TH IS C A N A LS O B E D O WN LOA D ED TH R U T HE S S S WE B S IT E A T www.s s s .g o v .p h
PLEASE READ THE INSTRUCTIONS AND REMINDERS AT THE BACK BEFORE FILLING OUT THIS FORM. PRINT ALL
INFORMATION IN CAPITAL LETTERS AND USE BLACK INK ONLY.
SS NUMBER NAME OF MEMBER (LAST NAM E) (F IRS T NAM E) (M IDDLE NAME) (S UFF IX)
Yes. I want to allocate ______________________ days, which shall be deducted from my SSS maternity benefit, to:
numbe r o f da ys (1 to 7 da ys )
Name: ________________________________________________________________
Relationship: Child's father Alternate caregiver
10 YEARS
from the date of delivery, miscarriage or emergency
termination of pregnancy.
Disability Benefit
Cash benefit paid to a member who has
paid at least one contribution.
Retirement Benefit
Cash benefit paid to a member
who can no longer work and has
reached
60 yrs. of age
(Voluntary Retirement)
65 (Compulsory Retirement)
QUALIFYING CONDITIONS
Contributions Age
At least 120 monthly contributions 60 – Optional Retirement
prior to the semester of retirement 65 – Technical Retirement
Max of P32,000
INTEREST RATE
10% per annum computed on
diminishing principal balance
Funeral Benefit
Cash benefit given to whoever pays the
burial expenses of the deceased
member or pensioner.
Fixed amount of P20,000 to a
variable amount ranging up to
maximum of P40,000.
Death Benefit
It is a cash benefit either in monthly
pension or lump sum paid to the
beneficiaries of a deceased member.
BENEFICIARIES
Personal comfort
Engaged in a company
ACCIDENTS sponsored activities
CONSIDERED
FOR EC - On board a shuttle bus or any vehicle
provided by the company
Intoxication /
drunkenness
Willful intention to
injure or kill himself or
another
Notorious negligence
LOAN
PROGRAMS
Salary Loan
36 Monthly Contributions
= 1 month loan
72 Monthly Contributions
= 2 month loan
Salary Loan
- Payable in 24 months (2 yrs.)
@PHLSSS
phlsss
MySSSPhilippines
Service Fee
P2.50 Globe & Smart
P2.00 Sun
TEXT SSS
Send to 2600
SEN
I NQUIRE &VERIFY D
Q W E R T Y U I O P
A S D F G H J K L
Z X C V B N M
SPACE
SSS Call Center
Tel Nos. 920-6446 up to 55
Open 24 hrs Mon - Fri
Interactive Voice
Response System (IVRS)
917-7777
Information
Terminals
(Info Kiosk)
Value of SSS
Membership
VALUE OF SSS MEMBERSHIP
Maternity Benefit
Member gives birth with 6
contributions prior to semester of
delivery or childbirth
Up to 5 .6 times in return
VALUE OF SSS MEMBERSHIP
Sickness
Member gets sick for 120
Benefit
days with only 3
contributions
Fixed
with lapsation
Duration of
Lifetime
Coverage
Company
Reserve Governmen
Guarantee
t
The law aims to have a Viable and
Sustainable Pension Fund that will
instill the values of “Work. Save.
Invest. Prosper.” among Filipinos
End of
presentation.
Thank you.
SSS
P R E S E N TAT I O N 2 0 1 9
Member Education Department
Tel Nos. 920-6401 to 45 local 5336 / 5337