Social Security System Philippines Benefits

By | September 13, 2020
social security system philippines benefits

Social Security System Philippines Benefits | @piadesk

 

Social Security System Philippines Benefits

 

September is Social Security Month!

To uplift economic and social conditions, every citizen is encouraged to be an active member of the Social Security System.

Social Security System Benefits:

  1. Sickness – A daily cash allowance paid for the number of days a member is unable to work due to sickness or injury.
  2. Maternity – A daily cash allowance granted to a female member who is unable to work due to childbirth or miscarriage.
  3. Disability – 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.
  4. Retirement – A cash benefit granted – either as a monthly pension or a lump sum amount – to a member who can no longer work due to old age.
  5. Death – A cash benefit granted – either as a monthly pension or a lump sum amount – to the beneficiaries of a deceased member.
  6. Funeral – A cash benefit given to whoever paid for the funeral expenses of the deceased member.
  7. Unemployment Benefit – A cash benefit granted to covered employees, who are involuntarily separated from employment.

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