SSS Flashcards

1
Q

Coverage of SSS

A

ALL PRIVATE EMPLOYEES Not Over 60 years of age and their EMPLOYERS
SELF EMPLOYED
OFW

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2
Q

Contribution rates for SSS 2024
And 2025
And Haitian ng EE at ER

A

2024 = 14% EE4.5% and ER 5%
2025 = 15% EE 5% and ER 9%

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3
Q

Monthly pension shall be the highest amnt of the ff amnts.
1
2
3

A
  1. The sum of (300) + (20% of Ave month salary credit) + (2% Ave month salary credit for each service in excess of 10yrs)
  2. 40% average monthly salary credit
  3. 1000
    Monthly pension shall in no case be paid for an aggregate amnt of less than 60 months
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4
Q

Minimum Monthly Pensions: Retirement if Credited Years of Service is:

Permanent Disability if credited years of service is

A

Atleast 10yrs = 1200
Atleast 20yrs = 2400

Less than 10yrs = 1000 disability
Copypaste

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5
Q

How much is the additional monthly benefit allowance from 2017

A

1000 pesos

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6
Q

Dependents pension is higher between

To whom is this applicable of dependent person.

Limit of dependent pension and criteria

A
  1. 10% monthly pension or 250
  2. Death, permanent total disability or retirement
  3. Not exceeding 5 beginning with youngest. Legimate muna. And incapacity
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7
Q

Retirement benefits rulessss

A

More than 120 mos contri = monthly contribution. 60yrs old unemployed or 65yrs old

X Lumpsump = all contribution EE+ER + interest IF Sepeared from employement and not continue paying contribution to SSS

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8
Q

Reemployement Rules

Death of Retired Member

A

Suspension of pension. Unlesss become 65yrs old

Continue if there is primary beneficiaries which are qualified
If NOT. MP 60- months recieved)

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