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How to Pay your SSS Contribution as a Voluntary Member

October 31, 2016 By SSS Answers 18 Comments

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The Philippine Social Security System has two types of SSS Program Coverage:

  • The first one is the Compulsory coverage which includes employers, employees and self-employed persons.
  • The second one is the Voluntary Coverage which includes separated members, OFWs, and Non-working spouse of SSS members.

For employers and employees, payment of SSS contributions is done through the company/employer that they’re affiliated with and not through the individual member. CONTINUE READING

Filed Under: SSS Contribution Tagged With: sss, sss contribution, sss payment, SSS voluntary member

Should you pay the maximum contribution to get higher SSS pension?

October 21, 2016 By SSS Answers 2 Comments

sss-pension

Paying the maximum SSS contribution is conclusively the best way for anyone to experience the topmost of benefits that the Philippine Social Security System has to offer including higher SSS pension.

But if you’re only after the pension benefit that you will get from SSS upon your retirement, there might be a wiser alternative in order to maximize your SSS contribution. CONTINUE READING

Filed Under: SSS Contribution, SSS Pension Plan / Retirement Benefit Tagged With: social security system, sss, sss contribution, sss pension

SSS Information Seminars – September 2016

September 15, 2016 By SSS Answers 1 Comment

sss-seminars

The Social Security System of the Philippines holds information seminars for SSS members and employers who want to know more about SSS programs and policies.

This September, there are three seminars that are available and they’re posted in the SSS website. CONTINUE READING

Filed Under: SSS Seminars / Events Tagged With: sss, sss information seminars, SSS seminars

Apply for SSS Loan Restructuring Program on all Saturdays of September 2016

September 4, 2016 By SSS Answers Leave a Comment

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The Social Security System of the Philippines (SSS) will be accepting applicants for the SSS Loan Restructuring Program (LRP) on all Saturdays in September 2016:

  • September 3
  • September 10
  • September 17
  • September 24

This will be really helpful especially to those who work from Mondays to Fridays and who cannot go on leave just to apply for SSS Loan Restructuring Program. CONTINUE READING

Filed Under: SSS Loan Restructuring Program Tagged With: Loan Restructuring Program, sss, sss loan condonation, sss loan restructuring program, SSS LRP

Why you should Invest in SSS PESO Fund

August 20, 2016 By SSS Answers 2 Comments

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Nowadays, health cards provided by employers or prepaid funded by the card holder have limited access to hospitals, medicines, laboratory tests, and medical consultations.

  • Different health cards have varied restrictions depending on the hospital, the amount of the hospital bill, illness, type of medicine, treatment, laboratory test, and much more.
  • Health card holders have to break their bank to cope up with these adverse situations.
  • More so, with our senior citizens who are sickly and after age 65 they won’t be able to secure one.

Your worries are over!

To supplement the SSS pension fund, the government agency launched last September 2014 the SSS Personal Equity and Savings Option fund or the SSS PESO fund. CONTINUE READING

Filed Under: SSS Peso Fund Tagged With: social security system, sss contribution, sss for OFW, sss investment, sss pension, SSS peso fund

SSS Pension Increase, Why not?

August 1, 2016 By SSS Answers Leave a Comment

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A bright light at the end of a tunnel, this is how I describe my emotions when I heard the news on the possibility of SSS pension increase this year.

See what happens when a president’s governing direction is geared towards the welfare of the less fortunate. CONTINUE READING

Filed Under: SSS Pension Plan / Retirement Benefit Tagged With: social security system, sss pension, sss pension increase, sss retirement, sss retirement benefit

Beware of UMID card ‘Rush Application’ Text Scam

July 26, 2016 By SSS Answers 2 Comments

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The Social Security System of the Philippines or has warned the public on scams regarding the application for the Unified Multi-Purpose Identification or UMID card.

A text scam has been reported to SSS by concerned citizens, wherein the unknown senders offer assistance to expedite or speed up the processing of their UMID card application in exchange for a fee. CONTINUE READING

Filed Under: UMID Tagged With: SSS ID, UMID, UMID card, UMID card processing, UMID text scam

SSS Loan Restructuring Program: List of Calamities and Affected Areas

June 15, 2016 By SSS Answers Leave a Comment

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We’re all aware that our country has encountered a lot of calamities and disasters in the past couple of years.

It affected a lot of families and our economy as a whole. 

Because of this, many SSS members were not able to pay off their loans with SSS and this is one of the reasons why SSS came up with the Loan Restructuring Program. CONTINUE READING

Filed Under: SSS Loan Restructuring Program Tagged With: list of calamities, sss loan, sss loan condonation, sss loan restructuring, sss loan restructuring program

Apply now for SSS Loan Restructuring Program!

June 14, 2016 By SSS Answers 1 Comment

sss-salary-loan

Good news has come to those who have unpaid loans from SSS!

The government institution has developed a program for member-borrowers that will enable them to pay off their previous loans in a way that won’t be too heavy on their monthly pay. CONTINUE READING

Filed Under: SSS Loan Restructuring Program Tagged With: social security system, sss condonation, sss contribution, sss loan, sss loan condonation, sss loan restructuring, sss loan restructuring program, sss online inquiry

Types of SSS Housing Loan

June 4, 2016 By SSS Answers Leave a Comment

sss-housing-loan

It’s still not as good as its counterparts in “first world” countries, but a membership to the Philippines’ Social Security System is still a handy thing to have.

Aside from providing a much-needed safety net in case of emergency, SSS — through its loans — also provides financial assistance for a variety of needs. If you think it’s time to move out of your parents’ house and into your own abode, for example, the SSS Housing Loan is your best bet. CONTINUE READING

Filed Under: SSS Housing Loan Tagged With: housing loan, sss contribution. sss loan, sss contributions, sss housing loan, sss philippines

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