Social Security System is Associated With and Known as:
Social Security System is a social program run by various organizations in different countries. The Philippine Social Security System (SSS) is the program of Social Insurance for the betterment of workers in the Philippines. The agency was instituted in the year of 1957. The headquarters are situated at Diliman, Quezon City. Social Security System is governed by the government of Philippines. The agency renders retirement and health advantage to all employees in the Philippines. Salary or calamity loans are also made by the workers of SSS. Salary loans are based on the employees monthly salary. Calamity loan is given that time when the government has announced calamity such as earthquake, flood and other disaster in the region where the SSS workers have dwelling.
Benefits Of Social Security System
Employees are come to a Benefits package under the Social Security and Employees Compensation Programs at the time of death, disability, sickness, old Age and maternity.
1.
Sickness: The sickness allowance is paid in terms of cash to the employee is not able to work because of sickness or injury.
2.
Maternity Benefit:It is cash allowance given to a female member is unable to work because of childbirth or miscarriage.
3.
Retirement Benefit: It is the cash benefit whether given in monthly pension or lump sun to the member is unable to work because of old age.
4.
Death Benefit: It is the amount given to the beneficiaries of a deceased employee.
5.
Funeral Benefit: It is the cash granted for the burial expenses of the deceased employee.
In addition, the agency also provides loan for disable employee, also provides loan including Member Loan, Business Loan as well as Housing Loans.
Social Media Official Links Of Social Security System
Social Security System is available on social media links.
SSS On Facebookhttps://www.facebook.com/sssgov
SSS On Google+https://plus.google.com/108094303314551604810/posts