Social security
in the Philippines.

The Social Security System (SSS) in the Philippines is a government-mandated social insurance program that provides various benefits and coverage to its members. The SSS is designed to provide financial protection and assistance to employees and their beneficiaries during specific life events or contingencies. The SSS covers the following benefits:

• Retirement Benefit: Members who have reached the age of 60 and have paid at least 120 monthly contributions are eligible to receive a monthly pension for life. Alternatively, members who are at least 65 years old, regardless of the number of contributions paid, are also eligible for a monthly pension.
• Disability Benefit: Members who become permanently disabled and unable to work due to sickness or injury are entitled to a monthly disability pension. To qualify, the member should have paid at least 36 monthly contributions before the disability occurred.
• Death Benefit: In the event of the member’s death, their beneficiaries (spouse, dependent children, or parents) may receive a lump-sum death benefit and a monthly pension, depending on the member’s contributions and the number of eligible beneficiaries.
• Sickness Benefit: Members who are unable to work due to illness or injury can avail of daily cash allowances for a maximum of 120 days in a calendar year.
• Maternity Benefit: Female members who have paid at least three monthly contributions within the 12-month period before the semester of childbirth are entitled to a daily maternity allowance for a maximum of 105 days for normal delivery or 120 days for caesarean section.
• Funeral Benefit: A funeral grant is provided to the beneficiaries or family members of a deceased member to help cover funeral expenses.