8 SSS BENEFITS YOU PROBABLY DIDN'T KNOW ABOUT | GUIDEPH

SSS is a protection program ordered by the government to all salary workers or laborers in the Philippines. In this article, I'll talk about 8 SSS benefits you most likely didn't think about. The SSS members are obliged to contribute monthly in return for the protection benefits. 

What we cannot deny is that we can get more from SSS beside realized advantages like your monthly benefits. Fortunately, our commitment is an extraordinary method of setting aside cash for future use. 

Lists of SSS benefits you probably didn’t know about:

1. SICKNESS BENEFIT

A member is more likely than not been unable to work because of an ailment for in any event four days whether restricted at home or in an emergency clinic to meet all requirements for sickness benefit.

The member should have at any rate three monthly commitments inside the year prior to the course of sickness. 

Here are the prerequisites in guaranteeing for sickness benefit:

• Completely cultivated Sickness Benefit Application Form 
• UMID or SSS biometrics ID Card 
• At any rate one (1) essential or substantial government ID 
• Copy or checked duplicate of any of the accompanying: ATM Card (with account number), Bank Account Passbook, or Bank Statement or Certificate 
• SSS Medical Certificate Form rounded out by the going to doctor 
• Supporting clinical reports like Operating record, Laboratory, X-ray, ECG, and other indicative outcomes. For vehicular accidents with outsider involvement, present a Police Report. 

The daily allowance you can guarantee from the SSS Sickness Benefit is proportional to 90% of your every day pay credit. 

2. MATERNITY BENEFIT

To meet all requirements for maternity benefit, you ought to be a SSS part who as of late just conceived an offspring or had a premature delivery so you can get an every day allowance from the SSS. A part ought to likewise have at any rate three (3) months' contributions inside the last twelve a year. 

Here are the necessary reports in acquiring the SSS Maternity Benefit: 

• UMID or SSS biometrics ID Card or possibly two (2) legitimate IDs 
• Maternity repayment structure 
• Maternity Notification Form properly stepped and got by SSS benefits 
• Ensured true duplicate or verified duplicate of the appropriately enrolled birth certificate. You may introduce a properly enrolled death or fetal demise certificate in the event the child dies.

Your daily allowance is equivalent to 100% of your normal daily salary credit, duplicated by 60 days for normal delivery and miscarriage, and 78 days for the cesarean section.

3. DISABILITY BENEFIT

The SSS Disability Benefit that is one of the SSS Benefits is paid to a part who is jobless or whose income is diminished because of a disability brought about by ailment or injury from an accident.

There are two kinds of cash benefits for disabled SSS benefits member namely:

• Monthly inability annuity – the monthly disability benefit is for individuals who have paid at any rate 36 month to month SSS commitments before the course of incapacity. 
• Lup-sum payment  – this is for individuals who have paid contributions in under three years before the course of disability and those whose approved inability period is payable for not exactly a year. 

Here are the prerequisites to guarantee for your incapacity advantage: 

• Appropriately practiced Disability Claim Application Form 
• SSS medical certificate form rounded out by your attending doctor
• Member's photograph and a signature card with fingerprints and 1x1 photograph 
• At any rate 1 legitimate essential ID or 2 auxiliary IDs 
• An affirmed true duplicate of supporting clinical documents. for example, x-ray results, research facility/clinical outcomes, activity record, emergency clinic release summary, and so forth. 
• Savings account ATM card or passbook (copy), approved beginning bank store slip, and Visa money card enlistment structure 

The month to month inability annuity can begin from P1 000 up to P2 400, depending upon long periods of service. You additionally get an additional P500 monthly supplemental allowance.

4. DEATH BENEFIT

The essential recipient (spouse and dependent children) can get a monthly death benefits of an expired SSS part who had paid at any rate 36 monthly contributions. You get a singular amount if the contributions are lower than that. The secondary recipients or dependent parents can get the annuity or singular amount if there are no essential recipients. 

Here are the necessities in asserting the SSS death benefit:

• Death Claim Application form 
• Oath of the death benefit (if the inquirer is a secondary recipient) 
• Filer's affidavit
• Report of death (if death is business-related) 
• Petitioner's photograph, signature, and legitimate IDs 
• Marriage testament and birth authentication of minor kids (if the inquirer is the life partner of the perished) 
• Perished member's birth certificate and marriage certificate of guardians (if the expired is single) 
• A guaranteed true duplicate of the death certificate of the expired member's

5. FUNERAL BENEFIT

The SSS funeral benefit advantage is money advantage adding up to P20, 000 that is given to whoever financed the expense in covering the deceased SSS member. The case for this award ought to be granted by an official receipt of the memorial service costs communicated for the sake of the inquirer and the death certificate of the deceased member.

Here are the prerequisites in asserting the burial service profit by SSS: 

• Guarantee for Funeral Benefit (SSS structure BPN-103) 
• Filer's Affidavit (Sinumpaang Sanaysay) 
• Death Certificate of the deceased member properly affirmed by the Local Civil Registrar 
• Official Receipt of installment given by the burial service parlor 
• Oath of burial service costs 
• Photograph of the filer and legitimate IDs 

(Other supporting documents might be requested whenever discovered fundamental during the handling of the case) 

6. EMPLOYEES' COMPENSATION (EC) PROGRAM

The Employee's Program (EC) is a money advantage given to employees who lost work time in the wake of being sick or harmed because of business-related causes, in this way prompting perpetual incapacity or death. This may likewise cover restoration after a serious physical issue. 

Here are the records required in asserting the EC advantage: 

• Certificate of Employment (signed by the employer or his/her approved agent including a depiction of actual responsibilities and duties performed by the worker at the hour of possibility) 
• Page of the company logbook containing the entry for the specific sickness or accident (Certified genuine duplicate) 
• A certified true duplicate of Medical discoveries gave by the attending doctor or the emergency clinic records. 

7. SALARY LOAN

The SSS salary loan that has a place with SSS Benefits is one of the most profitable advanced projects in our country.  Members may acquire up to double the normal of their 12 most recent posted monthly salary credits under the said program. Individuals should pay in 24 regularly scheduled payments with a loan fee of 10 percent for each annum dependent on its lessening chief equalization. 

Here are the application necessities in profiting pay advance at SSS: 

• Member Loan Application Form 
• SSS digitalized ID or E6 with any to legitimate IDs that have a recent photo.

The SSS salary loan is comparable to your normal compensation credits over the most recent a year. There's a loan cost of 10% per annum, and it tends to be restored as long as you have paid half of the first chief sum. 

8. P.E.S.O. LOAN

The SSS Personal Equity and Savings Option (P.E.S.O) Fund remembers for SSS Benefits is a deliberate opportune reserve offered solely to SSS members notwithstanding the ordinary SSS program. 

Individuals who can contribute more are allowed the chance to spare more to get included benefits later on through this program. 

You will get the advantages at the hour of your retirement, inability, or death guarantee through a monthly annuity, lump-sum, or a mix of both. 

SSS offers a lot of advantages to its members as long as you pay your contributions. With all the referenced SSS benefits above,  there's no explanation behind avoiding your regularly scheduled payments.