2

Value of SSS Membership

TYPICAL WORKER-MEMBER: WITH 20 SERVICE YEARS
25 y.o. 35 y.o. 45 y.o. 55 y.o. 65 y.o.

Becomes SSS member

Reaches compulsory retirement

RETIREMENT BENEFITS
(plus 13th month pension)

Contributions
(20 years)

Pensions
(20 years)

Min Max

P24,960 P374,400

P624,000 P1,638,000

Up to 25x in return

Value of SSS Membership

25 y.o.

35 y.o.

45 y.o.

55 y.o.

65 y.o.

Worker dies; with 1 qualifying contribution

DEATH BENEFITS
(plus P20,000 Funeral Grant)

Contributions
(1 month)

Lump Sum P32,000 P92,000

Min Max

P104 P1,560

Up to 308x in return

Value of SSS Membership

25 y.o.

35 y.o.

45 y.o.

55 y.o.

65 y.o.

Worker gets sick for 120 days; with 3 qualifying contributions

SICKNESS BENEFITS
Contributions
(3 months)

Cash Allowances
P1,800 P27,000

Min Max

P312 P4,680

Up to 6x in return

Value of SSS Membership

25 y.o.

35 y.o.

45 y.o.

55 y.o.

65 y.o.

Female worker gives birth; with 3 qualifying contributions

MATERNITY BENEFITS
(Normal: 60 days / Caesarian: 78 days )

Contributions
(3 months)

Cash Allowances
P1,000 / 1,300 P15,000 / 19,500

Min Max

P312 P4,680

Up to 4x in return

Value of SSS Membership

25 y.o.

35 y.o.

45 y.o.

55 y.o.

65 y.o.

Worker is partially disabled for 2 years; with 36 qualifying contributions

PARTIAL DISABILITY BENEFITS

(plus 13th month pension & Supp. Allowance)

Contributions
(36 months)

Pensions
(2 years)

Min Max

P3,744 P56,160

P39,000 P169,000

Up to 10x in return

Value of SSS Membership

25 y.o.

35 y.o.

45 y.o.

55 y.o.

65 y.o.

Worker is totally disabled; with 36 qualifying contributions

TOTAL DISABILITY BENEFITS

(plus 13th month pension & Supp. Allowance)

Contributions
(36 months)

Pensions
(5 years)

Min Max

P3,744 P56,160

P97,500 P422,500

Up to 26x in return

Value of SSS Membership

25 y.o.

35 y.o.

45 y.o.

55 y.o.

65 y.o.

Worker dies & leaves primary beneficiaries; with 36 qualifying contributions

DEATH BENEFITS
(plus 13th month pension & P20,000 Funeral Grant)

Contributions
(36 months)

Pensions
(5 years)

Min Max

P3,744 P56,160

P85,000 P410,000

Up to 23x in return

Value of SSS Membership

SURVIVORS PENSION
(plus P20,000 Funeral Grant) Memberpensioner dies Primary beneficiaries continue to receive

100% of monthly pension for life

Value of SSS Membership

(Actual Member Cases)
Credited Service: 20 Years Pension Period: 10 Years

10

Minimum Case
P 7,184
P104

Maximum Case P 131,328

P1,560

Contributions Paid /a
Last Monthly Contribution

Benefits Received /b
Monthly Pension

332,000
P2,400

839,000
P6,300

Contribution-Benefit Ratio

P1 : P46

P1 : P6

/a /b

Based on 240 monthly contributions (20 years) paid in 1980-1994 & 2005-2009 (w/ 10-year gap in 1995-2004) Retired at 65 y.o. in 2010; Based on pension period of 10 yrs., with funeral grant of P20,000

Value of SSS Membership

(Actual Member Cases)
Credited Service: 20 Years Pension Period: 20 Years

11

Minimum Case
P 7,184
P104

Maximum Case P 131,328

P1,560

Contributions Paid /a
Last Monthly Contribution

Benefits Received /b
Monthly Pension

644,000
P2,400

P 1,658,000
P6,300

Contribution-Benefit Ratio

P1 : P90

P1 : P13

/a /b

Based on 240 monthly contributions (20 years) paid in 1980-1994 & 2005-2009 (w/ 10-year gap in 1995-2004) Retired at 65 y.o. in 2010; Based on pension period of 20 yrs., with funeral grant of P20,000

End of Presentation

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