EMPLOYEES’

BENEFITS
SSS, PHILHEALTH, & PAG-IBIG
The benefits under the SSS Program:

SICKNESS MATERNITY DISABILITY

RETIREMENT DEATH FUNERAL

 SICKNESS

•He is unable to work due to sickness or

injury and confined either in a hospital or at
home for at least four (4) days;

•He has paid at least three (3) months of

contributions within the 12-month period
immediately before the semester of sickness
or injury;

•He has used up all current company sick

leaves with pay; and

•He has notified the employer or the SSS,

if unemployed, voluntary or self-employed
member regarding his sickness or injury.
Maximum Period of Entitlement:
■ 120 days in one calendar year

Amount of Benefit:
■ The daily cash allowance is equivalent to 90% of the
member’s average daily salary credit
 MATERNITY

The maternity benefit is offered only to female SSS members.

A member is qualified to avail of this benefit if:

• She has paid at least three monthly contributions

within the 12-month period immediately preceding
the semester of her childbirth or miscarriage.

• She has given the required notification of her

pregnancy to SSS through her employer if employed;
or submitted the maternity notification directly to the
SSS if separated from employment, a voluntary or
self-employed member.
 Notes
■ The maternity benefit is equivalent to 100 % of the member's average daily
salary credit multiplied by 60 days for normal delivery or miscarriage, 78 days for
caesarean section delivery.

 The maternity benefit shall be paid only for the first four (4) deliveries or
miscarriages starting May 24, 1997 when the Social Security Act of 1997
(RA8282) took effect.

 For employed members, the benefit is advanced by the employer to the qualified
employee, in full, within 30 days from the date of filing of the maternity leave
application. The SSS, in turn, shall immediately reimburse the employer 100
percent of the amount of maternity benefit advanced to the female employee
upon receipt of satisfactory proof of such payment and legality thereof.

• As a rule, no member can be entitled to two benefits for the same period.
 RETIREMENT

 Member is 60 years old, separated from employment or ceased

to be self-employed, and has paid at least 120 monthly
contributions prior to the semester of retirement.

 Member is 65 years old, whether employed or not, and has paid

at least 120 monthly contributions prior to the semester of
retirement.
TYPES OF RETIREMENT BENEFIT

•monthly pension - a lifetime cash benefit paid to a retiree who has paid
at least 120 monthly contributions to the SSS prior to the semester of
retirement.

•lumpsum amount - granted to a retiree who has not paid the required
120 monthly contributions. It is equal to the total contributions paid by
the member and by the employer including interest.
 These benefits are paid to the accredited Health Care Institution (HCI) through
All Case Rates

 The case rate amount shall be deducted by the HCI from the member’s total
bill, which shall include professional fees of attending physicians, prior to
discharge

 The case rate amount is inclusive of hospital charges and professional fees of
attending physician

 Only admissible cases shall be reimbursed

 Availment condition: Member must have six (6) months contributions preceding
the three months qualifying contributions within the 12-month period prior to the
first day of confinement
 # of days
Case Rate
benefit limit
1. Day Surgeries
Services That Include Elective (Non-
Emergency) Surgical Procedures Ranging From
Minor To Major Operations, Where Patients Are
Safely Sent Home Within The Same Day For Post-
Operative Care

2. Radiotherapy 45 days Php 2,000/session

3. Hemodialysis 90 days Php 2,600/session

4. Outpatient Blood Transfusion 45 days Php 3,640

BENEFITS CLAIM
Refund of member’s Total Accumulated Savings
(member’s contribution + employer’s share + dividend earnings)

 Membership maturity. The member must have remitted at least 240

monthly membership contributions with the Fund.

 Retirement. The member shall be compulsorily retired upon reaching

age 65

 Permanent and Total Disability or Insanity.

 Separation from the service due to health reason

 Permanent departure from the country

 Death. In case of death, the Fund benefits shall be divided among the
member's legal heirs in accordance with the New Civil Code as amended
by the New Family Code.
 MULTI-PURPOSE LOAN
- to provide financial assistance to Pag-IBIG members
for purposes of:

MINOR HOME IMPROVEMENT LIVELIHOOD MEDICAL

EDUCATIONAL PURCHASE OF APPLIANCE,

FURNITURES, ETC.
 BORROWER
ELIGIBILITY
NEW LOAN

1. With at least twenty-four (24) monthly contributions.

2. An active member at the time of loan application, with at least one (1)
monthly contribution for the last six (6) months.

3. Member-applicant’s net take home pay shall not fall below the
minimum requirement of the General Appropriations Act (GAA) or
company policy, whichever is applicable.

4. If with existing calamity loan, a member shall be allowed to avail of the

MPL only after payment of at least six (6) monthly amortizations.
The outstanding balance, together with any accrued interests, penalties
and charges, shall be deducted from the proceeds of the MPL.
 BORROWER
ELIGIBILITY
LOAN RENEWAL

1. With payment of at least six (6) monthly amortizations. The

outstanding balance, together with any accumulated interests, penalties and
charges, shall be deducted from the proceeds of the new loan.

2. An active member at the time of loan application, with at least one (1)
monthly contribution for the last six (6) months.

3. Member-applicant’s net take home pay shall not fall below the
minimum requirement of the General Appropriations Act (GAA) or
company policy, whichever is applicable.
CALAMITY LOAN
Who are eligible?
 24 monthly savings
 At least 5 monthly savings
 Resides in the area
declared by the office of
the president as under
STATE OF CALAMITY
How much can one What is the payment
avail? period?
80% of his Total 24 months with a grace
Accumulated Value period of 3 months
Can a member still avail of a Calamity Loan even if he
has an outstanding MPL/Calamity Loan?
Yes. A member can have both MPL & Calamity Loan,
but only one Calamity Loan.
Until when can an eligible member avail of the loan?
Within 90 days from the declaration of a state of
calamity.
AFFORDABLE
HOUSING
PROGRAM
Loan Purposes:
 Purchase a fully-developed residential lot or adjoining residential lots
not exceeding 1000sq.m.

 Purchase residential house and lot, townhouse or condominium unit.

 Construction or completion of a residential unit or a residential owned

by the borrower or a relative of a borrower.

 Home improvement

 Refinancing of an existing housing loan.

ELIGIBILITY REQUIREMENTS
Have made at least 24 monthly savings

Have a gross monthly income not exceeding Php17,500

Not more than 65 y/o, & not more than 70 y/o at the maturity date of the loan

Have the legal capacity to acquire real property

Have passed satisfactory background/credit/employment check

Have no outstanding Pag-ibig Short Term Loan

Have no Pag-ibig Fund housing loan that was foreclosed or cancelled

Pag-ibig Fund housing account must be updated

 INCREASE MONTHLY
CONTRIBUTIONS
Monthly Savings in 20 Total Savings with 4% Annual
MODIFIED PAG-IBIG 2 Savings Years Dividends

PHP 200 PHP 48,000 PHP 73,015.85

optional five-year investment
PHP 300 PHP 72,000 PHP 109,523.77
program quite similar to a
time deposit. PHP 400 PHP 96,000 PHP 146,031.70

PHP 500 PHP 120,000 PHP 182,539.62

1. gross monthly income is PHP 1,000 PHP 240,000 PHP 365,079.24
higher than PHP 5,000
PHP 1,500 PHP 360,000 PHP 547,618.87

2. PHP 500 per PHP 2,000 PHP 480,000 PHP 730,158.49

month.