Social Security
System
Presented by:
Aguba, Rica
Dimayuga, Grazelle M.
A. LAW
Republic Act No 8282 the
Social Security System Law.
• Under the Republic Act No 8282 – Social Security Law,
SSS, also known as Social Security System, is a policy of
the state to establish, develop and promote sound and
viable tax-exempt social security system suitable to the
needs of the people throughout the Philippines.
• It promote social justice and provide meaningful
protection to members and their beneficiaries against
the hazards of disability, sickness, maternity, old age,
death and other contingencies resulting in loss of
income and financial burden.
• SSS is like an insurance program mandated by the
government to all income earners or workers in the
Philippines. All income earning SSS members are required
to contribute monthly into the fund, the amount depends
will depend on their salary bracket. In exchange for the said
monthly contributions, members will enjoy insurance
benefits such as:
- Sickness - Disability
- Maternity - Funeral
- Retirement - Unemployment
- Death - Salary Loan
B. BENEFITS
• Benefits
• Qualifying Conditions
• Amount of Benefits
1. Sickness Benefits
● It is for Self-employed, Voluntary,
Overseas Filipino Workers (OFW),
Your
Non-Working Spouse (NWS), and
Member Separated From
Employment.
Logo ● A daily cash allowance paid for the
number of days a member is
unable to work due to sickness or
injury.
• Qualifying Conditions:
A member is qualified to avail of this benefit if
he/she:
1. Is unable to work due to sickness or injury and is
confined either in a hospital or at home for at least four
(4) days;
2. Has paid at least three (3) months of contributions
within the 12-month period immediately preceding the
semester of sickness or injury;
3. Has duly notified the SSS directly of the fact of sickness
or injury.
• Amount of Benefit
1. The amount of the member’s daily sickness benefit allowance is
equivalent to ninety percent (90%) of his/her average daily salary
credit (ADSC).
2. Exclude the semester of contingency.
3. A semester refers to two (2) consecutive quarters ending in the
quarter of sickness.
4. A quarter refers to three (3) consecutive months ending in March,
June, September, or December.
• Amount of Benefit
5. Count twelve (12) months backwards starting from the month
immediately before the semester of contingency.
6. Select the six (6) highest monthly salary credits within the 12-month
period to arrive at the total monthly salary credit.
7. Monthly salary credit (MSC) refers to the compensation base for
contributions and benefits related to the total earnings for the month.
2021 Contribution Table
1. Divide the total monthly salary credit by 180 days to get the
average daily salary credit (ADSC).
2. Multiply the ADSC by ninety percent (90%) to get the daily sickness
allowance.
3. Multiply the daily sickness allowance by the approved number of
days to arrive at the amount of benefit due.
2. Maternity Benefits
● A daily cash allowance
granted to a female member
Your who is unable to work due to
childbirth or miscarriage /
Logo emergency termination of
pregnancy.
Qualifying Conditions
A member is qualified to avail of the benefits if she:
1. The member has paid at least three (3) months of contributions
within the 12-month period immediately before the semester of
her childbirth or miscarriage/emergency termination of pregnancy
2. If employed, she must have given notification of her pregnancy
through her employer
3. She must directly notify the SSS if she is separated from
employment, a self-employed or voluntary member including OFW
member.
• Amount of Benefit
1. The amount of the member’s daily Maternity Benefit allowance is
equivalent to the Average Daily Salary Credit (ADSC)
2. ADSC = Ave. MSC / 180
3. X 60 days for miscarriage/emergency termination of pregnancy
4. X 105 days for live childbirth (normal or caesarean section delivery)
5. X 120 days for solo parent under R.A. 8972 (Solo Parents’ Welfare Act of
2000)
6. 105 days + 15 days
7. The Maternity Benefit is granted to a qualified female worker in every
instance of pregnancy, miscarriage or emergency termination of pregnancy
regardless of frequency.
3. Retirement Benefits
● It’s a cash benefit granted – either as a
monthly compensation or a lump-sum
amount – to a member who can no
Your longer work due to old age.
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Qualifying Conditions
A member is qualified to avail of the benefits if he/she:
1. At least 60 years old and separated from employment or has ceased to be
an SE/OFW/Household Helper (optional retirement);
2. At least 65 years old whether still employed/SE, working as
OFW/Household Helper or not (technical retirement);
3. At least 55 years old and separated from employment or has ceased to be
an SE, if an “underground mineworker” (optional retirement);
4. At least 60 years old whether still employed/SE or not, if an “underground
mineworker” (technical retirement); or
5. A total disability pensioner who has recovered from disability and is at
least 60 years old (or at least 55 years old, if an underground mineworker).
• Amount of Benefit
If qualified, the member is granted a monthly retirement pension, plus 13th month
pension payable every December.
If the member has dependent minor children, they are entitled to recieve a
Dependats Pension equavalent to 10% of the members basic mothly pension, or
P250, whicj higher. Only 5 dependent minor childre beginning from the youngest,
are entitled to dependents pension. No substitution is allowed.
The retiree has the option to frecieve the first 18 months pension in lump sum,
discounted at a preferential rate to be determined by the SSS. The option can be
exercised only upon application of the first retierment claim, and the Dependents
Pension are excluded from tenadvanced 18 months pension.
The minimum monthly Retirement Pension is P1,200 if the member has 120 months
contribution or atleast 10 yrs or P2,400 if with atleast 20 yrs.
4. Death Benefits
● It’s a cash benefit granted – either as a
monthly compensation or a lump-sum
amount – to a member who can no
Your longer work due to old age.
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Qualifying Conditions
A member is qualified to avail of the benefits if he/she:
1. For primary beneficiaries to be entitled to monthly pension,
deceased member must have paid atleast 36 monthly
contributions prior to the semester of death,
2. If with less than 36 monthly contributions prior to the semester of
death, a lump sum amount is granted to the primary
beneficiaries.
3. Second designated beneficiaries and legal heirs are entitled to
lump sum benefit only regardless of the number of contribtions
paid by the member.
• Amount of Benefit
1. If qualified, the members primary beneficiary is
granted monthly Death Pension, plus a 13th month
pension payable every December.
2. The minimum monthly death pension is P1,000 if the
member had less than 10 yrs, P1,200 if with atleast 10
yrs and P2,400 if atleast 20 yrs.
3. Plus P1,00 additional benefit effective January 2017.
5. Disability Benefits
● A cash benefit granted either as a
monthly pension or a lump sum
Your
amount to a member who
becomes permanently disabled,
either partially or totally.
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Qualifying Conditions
A member is qualified to avail of the benefits if he/she:
1. The member has paid at least 1 month of contribution
before the semester of disability.
2. To qualify for a monthly disability pension, he/she must
have paid at least 36 monthly contributions prior to the
semester of disability.
3. If with less than 36 monthly contributions, he/she is
granted a lump sum amount.
• Amount of Benefit
1. If qualified, the member is granted a monthly pension,
plus a P500 monthly supplemental allowance.
2. The minimum monthly Disability Pension is P1,000 if the
member has less than ten (10) credited years of service
(CYS); P1,200 if with at least ten (10) CYS; and P2,400 if
with at least twenty (20) CYS.
6. Funeral Benefits
● A cash benefit given to whoever paid
for the burial expenses of the
deceased member.
Your
Logo
Qualifying Conditions
A member is qualified to avail of the benefits if he/she:
1. The employee-member was reported for coverage by his/her
employer.
2. A self-employed member/OFW/non-working spouse who had at
least one (1) contribution payment.
3. A voluntary member who was previously covered either as an
employed/self-employed/OFW and had at least one (1)
contribution payment.
4. The employee-member was subject to compulsory coverage but
was not reported for coverage by his/her employer.
• Amount of Benefit
1.The Funeral Benefit is a variable amount ranging from a
minimum of P20,000.00 to maximum of P40,000.00,
depending on the member’s number of paid contributions
and average monthly salary credit.
7. Unemployement Benefits
● Also called Unemployment Insurance
or Involuntary Separation Benefit.
● It is a cash benefit granted to covered
Your employees, including kasambahays
and OFWs (sea-based and land-based)
Logo who are involuntarily separated from
employment (e.g. due to
retrenchment or downsizing, closure
or cessation of operation, installation
of labor-saving devices, redundancy,
etc.)
Qualifying Conditions
A member is qualified to avail of the benefits if he/she:
1. Member should not be over 60 years old at the time of involuntary
separation; not over 50 if an underground or surface mineworker;
and not over 55, if a racehorse jockey.
2. Member has paid at least 36 monthly contributions, 12 months of
which should be in the 18-month period immediately preceding the
month of involuntary separation.
Note:
An employee shall not be qualified to receive the benefit if he/she has
been involuntarily separated from employment due to the following:
1. Serious misconduct;
2. Willful disobedience to lawful orders;
3. Gross and habitual neglect of duties;
4. Fraud or willful breach of trust/loss of confidence;
5. Commission of a crime or offense; or
6. Analogous cases like abandonment, gross inefficiency, disloyalty/
conflict of interest/ dishonesty.
• Amount of Benefit
1. If qualified, the employee is granted an amount that is
equivalent to twice the half of the member’s average
monthly salary credit (AMSC).
2. The benefit is granted thru a one-time payment, and the
claim must be filed within a year from the date of
involuntary separation.
8. Salary Loan Benefits
● It’s a cash loan granted to an
employed, currently, paying self-
employed or voluntary members. It is
Your a intended to meet the members
short-term credit.
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Qualifying Conditions
A member is qualified to avail of the benefits if he/she:
1. For a one-month loan, the member-borrower must have thirty six
(36) posted monthly contributions, six (6) of which should be within
the last twelve (12) months prior to the month of filing of
application.
2. For a two-month loan, the member-borrower must have seventy
two (72) posted monthly contributions, six (6) of which should be
within the last twelve (12) months prior to the month of filing of
application.
• Amount of Benefit
Another simple computation to look at would be, if you
have posted 36 monthly contributions, of which six has
been within the last 12 months before submitting your
application, you can loan up to PHP 15,000 or a one-
month salary loan. This is also the usual amount that
first-time borrowers can receive (minus taxes).
Draws inspiration from the
relief and assurance that
members and beneficiaries
experience upon their
availment of benefits “BUTI NALANG
during times of financial
contingencies such as MAY SSS”
sickness, maternity leave,
disability, old age or
retirement, and death.
