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SSS: 158K members benefit from P984M in sickness benefit

 

The state-run Social Security System (SSS) reported sickness benefit releases to employed, self-employed, voluntary and overseas Filipino worker (OFW) members in the first four months of 2019 reached P984.42 million, or a P109 million climb from the P875.42 million disbursed in the same period last year.

SSS President and Chief Executive Officer Aurora Ignacio said the number of beneficiaries of the sickness benefit from January to April 2019 rose to 155,856 members from the 145,370 beneficiaries recorded in the same period in 2018.

“The pension fund values its members’ welfare, including their health and well-being, as acquiring sickness or injury is sometimes inevitable due to the demands of their job. In times of contingency, some of our members are unable to work, nor provide for their medical expenses,” Ignacio said.


SSS disbursed P913.88 million in sickness benefits under the social security program from January to April 2019. This is a 9.5 percent increase from the P834.22 million disbursed during the same period in 2018.

Sickness benefits for work-related sickness or injuries under the Employee’s Compensation Program also increased by 71.3 percent to P70.54 million from the P41.19 million recorded during the same period in 2018.

A qualified member under the sickness benefit program receives a daily cash allowance for the number of days he is unable to work due to sickness or injury.

To qualify for sickness benefit, a member must have been unable to work due to an illness for at least four days whether confined at home or in a hospital. The member must have at least three monthly contributions within the 12-month period before the semester of illness. The member must have notified his/her employer or the SSS for voluntary and self-employed members, within five days after the start of sickness or injury. An employed member must have used all his/her company’s sick leave credits for the current year to avail of the SSS sickness claim.

For more information, visit sss.gov.ph.

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Today’s Front Page February 21, 2020

Today’s Front Page February 21, 2020