SOCIAL SECURITY BENEFITS Flashcards

1
Q

The ________provides a package of benefits in the event of death, disability, sickness, maternity, old age, and unemployment.

A
  • Social Security Program
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

The _____ benefit is a daily cash allowance paid for the number of days a member is unable to work due to sickness or injury.

A
  • sickness
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

The amount of the members Sickness Benefit Allowance is equivalent to ______ percent of his/her average daily salary credit (ADSC)

A
  • ninety percentage ( 90%)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

The Sickness Benefit is granted up to a maximum of ____days in a calendar year.

A
  • 120 days
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

A member who suffers partial or total permanent disability with at least ____ contribution paid to the SSS prior to the semester of contingency is qualified to avail the benefit.

A
  • one (1) contribution paid
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Types of disability benefits:

  1. ______ is paid to a disabled member who has paid at least 36 monthly contributions to the SSS; or
  2. _____ amount is granted to those with less than 36 monthly

contributions.

A
  1. Monthly pension

2. Lump sum

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

It is a cash benefit granted to a member who can no longer work due to old age.

A
  • Retirement
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Types of Retirement Benefits

A member who has paid at least ____ monthly contributions to the SSS prior to the semester of retirement is qualified to receive a _____ of lifetime cash benefit

If the member has less than 120 contributions, the member shall be entitled to a _____ equivalent to the contributions paid by him/her or on his/her behalf.

A
  • 120 monthly contributions
  • monthly pension
  • lump sum
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

It is a cash benefit granted to the beneficiaries of a deceased member.

A
  • Death
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Types of Death Benefits

For primary beneficiaries to be entitled to _____, deceased member must have paid at least 36 monthly contributions prior to the semester of death.

If with less than 36 monthly contributions prior to the semester of death, a ____ amount is granted to the primary beneficiaries.

A
  • monthly pension

- lump sum

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

It is a cash benefit given to whoever paid for the funeral expenses of the deceased member.

A
  • Funeral
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

____________ (also known as involuntary separation benefit)
It is a cash benefit granted to covered employees, including Kasambahay and OFWs who are involuntary separated from employment (e.g. due to retrenchment or downsizing, closure or cess of operation, installation of labor-saving devices, redundancy, etc.)

A
  • Unemployment
How well did you know this?
1
Not at all
2
3
4
5
Perfectly