Please refer to the list below for more details.
List of SSS Benefits and OFW Member Loans
TYPE | Qualifying Conditions | Amount of Benefit |
Sickness | At least 3 monthly contributions within the 12-month period immediately prior to the semester of sickness or injury | Daily Sickness Allowance = 90% of average salary credit; maximum of 120 days in one calendar year |
Maternity (for female members only) | At least 3 monthly contributions within the 12-month period immediately prior to the semester of childbirth or miscarriage | Maternity benefit = 100% of average daily salary credit multiplied by 60 days for normal delivery of miscarriage or 78 for caesarian delivery; up to first 4 deliveries or miscarriages only |
Retirement | 120 monthly contributions prior to the semester of retirement. Age - 60 yrs. (optional); 65 yrs. (mandatory) | Minimum monthly pension (mp): P1200 - if with at least 120 monthly
contributions or with at least 10 credited years of service (CYS); P2,400 -
if with at least 20 CYS; with dependent's pension; with 13th month pension; Lump sum: if less than 120 monthly contributions; total contributions paid plus interest. |
Disability Partial Total | At least 1 monthly contribution prior to the semester of disability | Monthly pension: If with at least 36 monthly contributions prior to
the semester of disability
Minimum mp: P1,000 – if with less that 10 CYS; P1,200 – if with at
least 10 CYS; P2,400 – if with at least 20 CYS; with 13th month
pension and dependent’s pension for total disability only; supplemental
allowance of P500. Lump sum: Of less than 36 monthly contributions |
Death | At least 1 monthly contribution prior to the semester of death | Monthly pension: If with at least 36 monthly contributions prior to
the semester of death.
Minimum mp: P1,000 – if with less than 10 CYS; P1,200 – if with at
least 10 CYS; P2,400 – if with at least 20 CYS; with dependent’s pension;
with 13th month pension; Lump sum: If less than 36 monthly contributions |
Funeral | At least 1 monthly contribution | Minimum: P20,000 -granted to whoever pays the burial expenses of the deceased member |
Type | Contributions | Loanable Amount |
Salary | Actively paying with 36 posted monthly contributions with at least 6
posted monthly contributions for the last 12 months prior to the month of
filing the application. Actively paying with 73 posted monthly contributions with at least 6 posted monthly contributions for the last 12 months prior to the month of filing application. |
1-month loan:
Average of the member-borrower’s latest posted 12 Monthly Salary
Credits (MSCs) or amount applied for, whichever is lower 2-month loan: Twice the average of the member-borrower’s latest posted 12 Monthly Salary Credits (MSCs) rounded to the next higher monthly salary credit or amount applied for, whichever is lower |
Housing | Actively paying with at least 36 months contributions and 24 continuous contributions in the period to application. | Individual Housing Loan: P2 million (maximum) |
House Repair and Improvement | Actively paying with at least 36 months contributions | P1 million |
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