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Finance

Latest SSS Contribution Table 2024

SSS (Social Security System) is a government-run social insurance program that is your ticket to peace of mind and stability in case of life’s unexpected twists and turns. The SSS collects contributions from its members and invests these funds to provide social security benefits and services.

When you are an SSS member you’re covered by its range of benefits including sickness, maternity, disability, retirement, and death benefits.

Here’s the new SSS Contribution Table for 2024:

Regular Employers and Employees

Self-Employed Members

Voluntary Members and Non-Working Spouse

Household Employers and Kasambahay

Source: SSS

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Adulting Finance

How to Submit SSS Maternity Notification Online

Congratulations on your pregnancy! As an expectant mother, it is essential to be aware of your rights and benefits, such as maternity leave and financial support.

In the Philippines, the Social Security System (SSS) offers a Maternity Benefit Program to provide assistance to pregnant women. To ensure a smooth process, SSS has introduced an online platform for submitting maternity notifications, making it more convenient and accessible. In this article, we will guide you through the process of submitting your SSS Maternity Notification online, step-by-step.

How to Submit SSS Maternity Notification

1. Check your eligibility and gather the necessary documents.

2. Go to the SSS website and select Member.

3. Log in to your SSS account.

4. Enter your Username and Password and select Sign In.

4. In the SSS account dashboard, hover over Benefits and select Submit Maternity Notification tab.

5. You will be prompted to fill out a form with the following information: SSS number, Full Name, Date of Birth, Employment Status, Expected Date of Birth, and Contact Information.

6. You will also need to upload a copy of your proof of pregnancy. This can be a copy of your ultrasound results, a doctor’s certificate, or a laboratory test result.

7. Review and submit the Maternity Notification form.

8. You will get a transaction number after submitting your application.

9. SSS will also send an email confirming the receipt of your notification.

10. Submitting SSS Maternity Notification is an important step in claiming SSS Maternity Benefit.

For any concerns or inquiries regarding your Social Security System (SSS) matters, you can easily reach out for assistance. You can send an email to [email protected] or you can check our guide in other ways to contact SSS.

Categories
Adulting Finance

SSS Maternity Benefit: A Helpful Guide for Expecting Mothers

Congratulations on your pregnancy! As you prepare for the arrival of your little one, it’s important to know about the benefits that are available to you as an SSS member.

The Social Security System (SSS) maternity benefit is indeed a valuable support for expecting mothers in the Philippines. One of these benefits is the SSS Maternity Benefit, which can help you financially during your pregnancy and after your baby is born.

What is SSS Maternity Benefit?

This is a cash allowance given to qualified female members who are pregnant, have had a miscarriage, or have undergone an emergency termination of pregnancy (ETP).

  • The amount of the maternity benefit is 1/12 of the member’s average monthly salary credit (MSC) for the 12 months immediately preceding the semester of childbirth, miscarriage, or ETP.
  • The maximum amount of the maternity benefit is PHP70,000.
  • If you are employed, your employer will advance the full amount of the maternity benefit to you within 30 days from the date of filing your maternity leave application.

Basics of SSS Maternity Benefit

  1. Eligibility
    • The pregnant woman must be an active SSS member, which means she should have made at least three months’ worth of contributions within the 12-month period immediately preceding the semester of her childbirth or miscarriage.
    • You have made at least three monthly contributions within the 12-month period before your semester of contingency.
    • You must have given the required notification to your employer and SSS.
    • Submit SSS Maternity Notification.
  2. Submit the required documents
    • SSS Maternity Notification Form (MAT-1)
    • Medical certificate
    • Birth certificate (if applicable)
    • Proof of marriage (if applicable)
    • Valid ID
    • Latest payslip (if employed)
    • Tax identification number (TIN)
  3. Coverage
    • The SSS maternity benefit covers female SSS members who are pregnant, have recently given birth, suffered a miscarriage, or had an emergency termination of pregnancy.
  4. Benefit Amount
    • The amount of the maternity benefit is based on the member’s average daily salary credit (ADSC) and the number of maternity leave days granted. Currently, the benefit is calculated at 100% of the member’s ADSC for 105 days.

How to Claim SSS Maternity Loan

1. Check your eligibility and gather the necessary documents.

2. Go to the SSS website and select Member.

3. Log in to your SSS account.

4. Enter your Username and Password and select Sign In.

4. In the SSS account dashboard, hover over Benefits and select Apply for Maternity Benefit tab.

5. Please provide the details regarding your pregnancy.

7. Review the information regarding your SSS maternity claim and ensure that your contact details are correct.

8. If you meet the qualifications, the proceeds will be deposited into the bank account that you have enrolled in the Bank Enrollment Module.

For any concerns or inquiries regarding your Social Security System (SSS) matters, you can easily reach out for assistance. You can send an email to [email protected] or you can check our guide in other ways to contact SSS.

Categories
Adulting Finance

Everything You Need to Know About SSS Unemployment Benefit

In an ever-changing economic landscape, job security is a concern that weighs heavily on the minds of employees and job seekers alike. The fear of sudden unemployment, whether due to company downsizing, technological advancements, or unforeseen circumstances, can be a source of immense stress. However, amidst these uncertainties, governments around the world endeavor to provide support systems that aim to alleviate financial burdens and foster stability for individuals during their transitional phases.

One such program is the SSS Unemployment Benefit, a crucial initiative offered by the Social Security System (SSS) in select countries. The SSS Unemployment Benefit offers a lifeline to eligible workers who find themselves jobless, temporarily or permanently, by providing them with financial assistance and a sense of security during challenging times. Understanding the intricacies of this program can empower individuals to navigate their unemployment journey with confidence and peace of mind.

Basics of SSS Unemployment Benefit

  1. Eligibility
    • You must be an active SSS member with at least 36 months of contributions, 12 months of which should have been paid within the 18-month period prior to your involuntary separation from employment.
    • You must not be over 60 years old at the time of application.
    • You must not have availed of the SSS unemployment benefit within the last three years.
  2. Submit the required documents
    • Unemployment Benefit Application Form
    • Notice of Termination of Employment (NTE)
    • Valid ID
    • Proof of Contributions
    • Proof of Employment
  3. Involuntary Separation
    • The SSS defines involuntary separation as termination from employment due to authorized causes such as retrenchment, closure of business operations, or illness or death of the employer. Resignation, retirement, or termination for just causes are not considered involuntary separation.
  4. Benefit Amount
    • The amount of the SSS unemployment benefit is equivalent to twice the half of the member’s average monthly salary credit (AMSC). The AMSC is calculated by taking the total of your monthly contributions in the 12 months immediately preceding the month of involuntary separation and dividing it by 12.

How to Claim SSS Unemployment Benefit

1. Check your eligibility and gather the necessary documents.

2. Go to the SSS website and select Member.

3. Log in to your SSS account.

4. Enter your Username and Password and select Sign In.

4. In the SSS account dashboard, hover over Benefits and select Apply for Unemployment Benefit tab.

5. Please provide the details of your unemployment.

7. Review the information regarding your SSS unemployment claim and ensure that your contact details are correct.

8. If you meet the qualifications, the proceeds will be deposited into the bank account that you have enrolled in the Bank Enrollment Module

For any concerns or inquiries regarding your Social Security System (SSS) matters, you can easily reach out for assistance. You can send an email to [email protected] or you can check our guide in other ways to contact SSS.

Categories
Adulting Finance

SSS Disability Benefit: What You Need to Know to Claim Your Benefits

If you are an SSS member who has become disabled, you may be eligible for SSS Disability Benefit.

The SSS Disability Benefit program is designed to provide financial assistance to eligible individuals who are unable to work due to a disabling condition. Whether you’re facing a sudden illness, injury, or a long-term disability, understanding the ins and outs of this program is essential to ensure you receive the benefits you deserve.

It is crucial to be well-informed about the SSS Disability Benefit program, as it can significantly impact your financial stability and quality of life during a difficult period. By arming yourself with knowledge, you can confidently navigate the application process and secure the assistance you need to mitigate the financial burdens associated with disability.

Basics of SSS Disability Benefit

  1. Eligibility
    • You must be an SSS member in good standing.
    • You must be permanently disabled and unable to work.
    • You must have at least 36 monthly contributions within the 12-month period immediately preceding the semester of disability.
  2. Submit the required documents
    • Medical Certificate
    • Valid ID
    • Proof of Contributions
    • Proof of Employment
  3. Amount of the Benefit
    • The amount of the SSS Disability Benefit is equivalent to 2/3 of the member’s average monthly salary credit (AMSC). The AMSC is calculated by taking the total of your monthly contributions in the 12 months immediately preceding the semester of disability and dividing it by 12.

How to Claim SSS Disability Benefit

1. Check your eligibility and gather the necessary documents.

2. Go to the SSS website and select Member.

3. Log in to your SSS account.

4. Enter your Username and Password and select Sign In.

4. In the SSS account dashboard, hover over Benefits and select Apply for Disability Claim tab.

5. Please provide the details of your disability.

7. Review the information regarding your SSS disability claim and ensure that your contact details are correct.

8. If you meet the qualifications, the proceeds will be deposited into the bank account that you have enrolled in the Bank Enrollment Module

For any concerns or inquiries regarding your Social Security System (SSS) matters, you can easily reach out for assistance. You can send an email to [email protected] or you can check our guide in other ways to contact SSS.

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