Covered employed members are entitled to a package of benefits under the SS and EC Programs in the event of sickness, maternity, disability, old age, and death. Basically, the SSS provides for a partial replacement of income lost on account of the aforementioned contingencies.
For more information, refer to: https://bit.ly/3dqInpz
- Sickness Benefits. The sickness benefit is a daily cash allowance paid for the number of days a member is unable to work due to sickness or injury. For more information, refer to: https://bit.ly/3A9cnjD
- Maternity Benefits. The maternity benefit is a daily cash allowance granted to a female member who was unable to work due to childbirth or miscarriage. For more information, refer to: https://bit.ly/2TkAISO
- Retirement Benefits. This is a cash benefit either in monthly pension or lump sum paid to a member who can no longer work due to old age. For more information, refer to: https://bit.ly/3A9G6sD
- Death Benefits. This is a cash benefit either in monthly pension or lump sum paid to the beneficiaries of a deceased member. For more information, refer to: https://bit.ly/3y52ba8
- Funeral Benefits. This is a cash benefit given to whoever paid for the burial expenses of the deceased member. The Funeral benefit is a variable amount ranging from a minimum of P20,000 to a maximum of P40,000, depending on the member’s paid contributions and credited years of service (CYS). For more information, refer to: https://bit.ly/3jtcAIr
- Disability Benefit. This is a cash benefit granted either as a monthly pension or a lump sum amount to a member who becomes permanently disabled, either partially or totally. For more information, refer to: https://bit.ly/35XP3Y2
- Loan Privileges. Salary Loan is a loan intended to meet the member’s short term credit needs. For more information, refer to: https://bit.ly/3dppJhU
