Last Updated on April 13, 2017 by Marie Bautista
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The Social Security System of the Philippines is a social insurance program established in 1957 for workers in the Philippines, providing retirement and health benefits to all enrolled members.
member is unable to work due to sickness or injury
who is unable to work due to childbirth or miscarriage
DISABILITY – a cash benefit granted either as a monthly pension
or a lumpsum amount to a member who becomes permanently disabled, either partially
or a lumpsum amount to a member who can no longer work due to old age
lumpsum amount to the beneficiaries of a deceased member.
burial expenses of the deceased member.
conditions for entitlement:
self-employed or voluntary member to meet the member’s short-term credit needs
enable SSS members and their dependents to defray enrollment costs for college,
vocational and technical courses.
SSS-accredited participating financial institutions.
development of facilities and establishment of institutions that provide
quality education or other academic training programs and affordable medical or
health care related services to the general population and to SSS members and
business enterprises and industries for the purpose of increasing productivity
and enhancing potential earnings through expansion, diversification and other
business development projects
Opportunities) – a lending program that aims to assist and empower the micro,
small and medium enterprises in the country.