SSS Law Flashcards
The provisions of the social security law are to be liberally construed in favor of ___________________
those seeking its benefits
It is the implementing arm of the social security act. It is a corporate body with a personality separate and distinct from the government, directed and controlled by the social security commission
social security system
True or false. The sss can sue and be sued
true
True or false. The inclusion of religious organizations under the coverage of the social security law violates the constitutional prohibition against the application of public funds for the use, benefit or support of any priest who may be employed by the church
false. The funds belong to the members and are merely held in trust by the government. The funds contributed to the sss or not public funds
Any person, natural or juridical, who carries on in the philippines any business of any kind and uses the services often other person who is under his orders as regards the employment
employer; self-employed person shall be both employee and employer at the same time
A child is a dependent if he has not yet reached age of ______ or maybe beyond such year if he is congenitally or while still a minor has been permanently incapacitated and incapable of self support
21
In the computation of benefits, the maximum monthly salary credit to be considered shall be _____________ until adjusted
20,000
Two or false. Employment includes service performed in the employee of the philippine government or instrumentality or age and thereof
false
The dependent illegitimate children shall be entitled to _______ of the share of the legitimate, legitimated or legally adopted children
50%
The average monthly salary credit is the result of 10 by dividing the sum of the last ____ monthly salary credit immediately preceding the semester of contingency by ______; or the result obtained by dividing the sum of all the monthly salary credits paid prior to the semester of contingency by the number of monthly contributions paid in the same period whichever is greater
60; 60
It is equal to net income before income taxes + non-cash charges such as depreciation and depletion appearing in the regular financial statement of the issuing for assuming institution
net earnings
True or false. Employees not over 60 years of age or compulsory coverage of social security law
true
This persons will be covered by the sss on a voluntary basis, unless they are engaged in a vocation or employment which is subject to mandatory coverage
spouses who devote full time to managing the household and family affairs
True or false. Coverage in the sss shall be compulsory upon all employees including kasambahays or domestic workers not over 60 years of age and their employers
true
True or false. Compulsory coverage of the employers, employees and self-employed persons shall take effect on the ______________
first day of engagement