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SOCIAL SECURITY

SYSTEM
BY: JESSA ANNE R. BORRE
BSN-III

SSS was created into
law on September 1,
1957 under RA 1161
and was amended
under RA 8282 on May
1, 1997

COVERAGE Who are covered under the SSS? COMPULSORY COVERAGE 1. A household-helper c.. A private employee b. Coverage of Employees a. An employee of a foreign government. spouse or child below 21 years old of the owner of a single proprietorship business . which entered into an administrative agreement with SSS for the coverage of its Filipino workers e. The parent. A Filipino seafarer d. international organization of their wholly-owned instrumentality based in the Phils.

trade. and jockeys e. Any person who uses the services of another person in business. coaches. Actors. watch-your-car boys. Business partners. Self-employed professionals b. Coverage of Employers a. d. scriptwriters and news reporters are not under an employer-employee relationship. may enter into administrative agreement with the SSS for coverage for the coverage of its Filipino employees. Coverage of Self-employed Persons a. directors. trainers. A foreign government. among others. . Professional athletes. b. Workers in the informal sector such as cigarette vendors. single proprietors c. Farmers and fisherfolks f. actresses. hospitality girls. international organization such as embassy in the Philippines.2. industry or any undertaking. 3.

2.on the first day of employment For an employer . in case of initial coverage . For an employee . Separated Members Overseas Filipino Workers (OFWs) Non-working Spouse of SSS members Effectivity of Compulsory Coverage 1.VOLUNTARY COVERAGE 1. 3.on the first day the employer hires employee/s For self-employed persons – upon payment of the first valid contribution. 2. 3.

UNLESS YOU ARE AN OFW .Voluntary Members • THIS IS TO INFORM ALL CONCERNED THAT WE CAN NOT PAY OUR PREMIUMS ON OUR OWN AFTER SECURING AN SSS NO.

REGISTRATION  Employee . .SSS Form E-4 Note: The original or certified true copies of the documents should be presented to the SSS for authentication purposes.SSS Form E-1(Personal Data Record)  For Employers Single Proprietorships .SSS Form RS-1(Self-employed Date Record)  Non-working Spouse .R-1/R1-A/E-1/Articles of Incorporation  Self-employed Members .OW-1 Changes in member’s records .NW-1(duly signed by the spouse with MC)  Overseas Filipino Workers (OFWs) .SSS Form R-1/R1-A/E-1/Articles of Partnership Corporations .SSS Form R-1(Employer Registration) and R-!A(Employment Report) /E-1 Partnerships .

00) for employees earning P15.4% of the average monthly compensation not exceeding P15.000. (P30.00/mo OFW is not less than 5.9.000 MSC .00)of average monthly and payable only by the employer.1% or (P10. as follows: SSS.07% For non-working spouse ½ of the MSC of the working spouse EC.CONTRIBUTIONS     Monthly contributions based on the gross compensation of SSS members are payable under two programs.33% Employer share is 6.000 Employee share is 3.

 Sickness benefit? 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. .  What is the maternity benefit? The maternity benefit is a daily cash allowance granted to a female member who was unable to work due to childbirth or miscarriage.

daily salary credit paid to female employee for the first 4 deliveries/abortion/miscarriage • 60 days for normal & 78 days for ceasarean delivery .SICKNESS & MATERNITY BENEFIT • Sickness benefit is a 90% replacement of lost earning and is compensable on to an employee with at least minimum of 4 days confinement either at home or in the hospital • Maternity benefit 100% of the ave.

Who may qualify for the disability benefit?  The member has paid at least one monthly contribution prior to the semester of contingency. What is the disability benefit?   It 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. .

200 with at least 10 CYS.000 if the member has less than ten (10) credited years of service (CYS).  The lowest monthly pension is P1. if he/she has paid at least 36 monthly contributions  If less than 36 monthly contributions. plus P500 supplemental allowance. a lump sum amount. How much is the amount of Benefit? The amount is granted a monthly disability pension.400 with at least 20 CYS.  . P1. and P2.

or  A member who is 65 years old (mandatory retirement). What is a retirement benefit?   It is a cash benefit granted .either as a monthly pension or a lump sum amount . whether employed or not.  . and has paid at least 120 monthly contributions prior to the semester of retirement. and has paid at least 120 monthly contributions prior to the semester of retirement. Who may qualify for a retirement benefit? A member who is 60 years old (optional retirement).to a member who can no longer work due to old age. separated from employment or has ceased to be self-employed.

if he/she has paid at least 120 monthly contributions prior to the semester of retirement.  If with less than 120 monthly contributions. he/she is granted a lump sum amount.  The lowest monthly pension is P1. P2. How much monthly pension will a retiree receive? The member is granted a monthly retirement pension.  .400 if with at least 20 CYS.200 if the member has 120 monthly contribution or with at least 10 credited years of service (CYS).

 What is the funeral grant?  A cash benefit given to whoever pays the burial expenses of the deceased member or pensioner.000 is given to whoever pays the deceased member’s burial expenses. . (pensioner-refers to retiree or partial/total disability pensioner) How much is the amount of funeral benefit?  The amount of P20.

200 if with at least 10 CYS.either as a monthly pension or a lump sum amount . P1. and P2. and above – monthly pension  The lowest monthly pension is P1. What is the death benefit?   A cash benefit granted . 35 mos. Who may qualify for a death benefit? The member has paid at least one monthly contribution.to the beneficiaries of a deceased member.000 if with less than 10 credited years of service (CYS).400 if with at least 20 CYS . and below contributions – lumpsum 36 mos.

currently paying. prior to the month of filing of application.  For one-month loan. the member-borrower must have 36 posted monthly contributions. self-employed or voluntary member (SE/VM) who has 6 posted monthly contributions for the last 12 months prior to filing of application. . It is intended to meet a member's short-term credit needs. currently paying self-employed or a voluntary member. Who may qualify for a salary loan?  An employed.MEMBER LOAN   What is a salary loan?  A cash loan granted to an employed.

. the member’s employer must be updated in contributions and loan remittances. • How much is the loanable amount? . A one-month salary loan is equivalent to the average of the member's latest 12 monthly salary credits posted. The member must updated in payment of other loans with the SSS. For two-month loan.000. A two  month salary loan is equivalent to twice the average of the member's latest 12 monthly salary credits posted (rounded to the next higher monthly salary credit).  If employed. but not to exceed P24. the member-borrower must have 72 posted monthly contributions.

2011 to June 30. of the Philippines on June 3. . 238-s 2010 dated March 25. No.PENALTY CONDONATION • Under SSC Res. 2010 is covered under this program. 2010 and the Pres. 2010 has approved the Penalty Condonation for Shorts Term Loans for Employer • Availment Period: January 2. 2011 • Delinquency on or before April 1.

. Nos. Bagacay.PENALTY CONDONATION For more details please visit our Field Inspectorate Section. Dumaguete City. SSS. Dumaguete Branch at M/M Kho Bldg. (035) 422-0134 and 225-6810 . Tel.

End of Presentation Thank you and God bless! .