In the SSS Members Facebook Group, a lot has been asking how much will be their SSS Maternity Benefit if they contributed x amount during these periods. Though SSS has been transparent on the formula…BENEFITS, MATERNITY February 2, 2022 How to Qualify, Apply for SSS Maternity Benefit? How...
he or she can apply for the disability benefit. Those who have made at least 36 monthly contributions qualify for a monthly disability pension. On the other hand, those who have not reached the same number of contributions would be granted a lump sum amount instead. ...
Here is a list of updated monthly contributions. The minimum amount has been increased to 960 Pesos per month. But you may choose the maximum amount for higher returns. You are not required to pay the maximum amount. However, if you want a better premium, it’s always good to choose the...
What amounts to nothing other than passive-aggressive bullying by managers, a new contract has been drafted that would see paid breaks removed under the new working conditions and if this contract is not signed, the staff have no job in the new year. “Paid breaks, that’s a bit of a ...
That notion is wrong. When you borrowed money from SSS, you are actually borrowing from the SSS funds and not specifically borrowing the amount that you contributed. When you did not pay for your SSS Loan, the full sum (including the accumulated penalties and interest) will be deducted to ...
If you already have the requirements stated above, upon arrival in the SSS Branch. Get the SSS R-6 Miscellaneous Form, accomplish it in 4 copies (it has 4 colors: white, blue, pink and yellow). Check the ID Social Security Card checkbox and put the 200.00 amount in words as the amoun...
Loan amount:One monthly salary credit (MSC) up to PHP 20,000 Interest rate:6% per annum Repayment period:24 months (Monthly amortization starts on the fourth month after the date of the loan) Other:1% Service Fee Who Can Apply? The SSS calamity loan for covid – 19 is open to any me...