Your Guide to your SSS Inquiries
Have you ever thought about what your life will look like when you retire? It might seem far off, but planning for it now is one of the smartest moves you can make.
Think about it: wouldn’t you want to spend your golden years enjoying life, stress-free, and financially secure?
The Social Security System (SSS) is a government agency in the Philippines that provides social security protection to its members and their beneficiaries.
One of the benefits offered by the SSS is the Death and Funeral Benefit, which provides financial assistance to the family of a deceased member. This benefit is updated annually to ensure that it remains relevant and responsive to the needs of its members.
Are you sick? Did you get injured recently? Are you reading this from your hospital bed?
Are you a member of SSS? Are you here because you heard of the SSS Sickness Benefit?
Do you wish to avail of this benefit?
I have received several messages and comments from SSS members saying that their employers are not paying their SSS contributions.
If you’re having the same issue, don’t just keep quiet!
It is your right to ask your employer about it or file a complaint directly with the SSS if you know that you are deducted for your SSS contributions and yet your employer fails to remit it to the SSS on time.
Some SSS members are still unaware that they have to notify the SSS office of their pregnancy as one of the requirements to be able to avail of the SSS Maternity Benefit.
And this often causes issues when claiming their maternity benefit.
SSS Maternity Benefit is one of the many benefits that the Social Security System provides to its female members.
If you have paid the maximum monthly contribution rate prior to your pregnancy and you qualified for this benefit, you will most likely receive the maximum maternity benefit amount which would be a big help for your delivery, medical and other personal expenses.
The SSS Contribution Table 2018 remains the same despite SSS’ proposals for contribution rate and MSC hike.
This means that as of this writing, the maximum contribution rate is still P1,760 with Monthly Salary Credit (MSC) of P16,000 for members who earn ₱15,750 and above.
In an effort to bring SSS services closer to its members in Saudi Arabia, the Philippine Social Security System has established three offices in the country which are located in Al Khobar, Jeddah, and Riyadh.
SSS Retirement benefit is just one of the many benefits that the Philippine Social Security System provides to its members and their beneficiaries.
It is an amount given to the member who can no longer work due to old age and that is when he or she reaches the retirement age of 60 or 65.
When the SSS offers a Loan Condonation Program and you have an existing or past due loan with the SSS, you should take advantage of it.
Why? Because it will help you pay your loan much easier.
With the SSS Loan Condonation Program, your penalties will be waived. You will realize how helpful this program is especially if you have a long overdue loan.
