Good news! SSS members who lost their job could get up to P20,000 cash benefit

Good news! SSS members who lost their job could get up to P20,000 cash benefit

- The Social Security System (SSS) confirmed that contributing members who lost their jobs amid the crisis could get cash assistance

- An SSS official said that the cash assistance could be up to P20,000 and will be distributed in 2 months

- However, there are some qualifications before the applicant could benefit from these perks

- A certification from the Department of Labor and Employment and a savings account is needed to get the cash benefit

PAY ATTENTION: Click "See First" under the "Following" tab to see KAMI news on your News Feed

The Social Security System (SSS) will be helping thousands of its contributing members who lost their jobs amid the COVID-19 crisis.

KAMI learned that about 60,000 Filipinos will be benefiting from this program.

In a report by the GMA News Online, SSS Public Affairs and Special Events Division head Fernando Nicolas shared that the members only have to show a certification from the Department of Labor and Employment (DOLE) and a savings account.

“Up to 20,000 o katumbas po ito ng one month salary credit. Halimbawa, ang isang miyembro ay naghuhulog ng para sa P20,000 monthly salary credit, makakakuha po siya ng ganung halaga,” he said.

“Ang kailangan lang nilang i-present ay ‘yung certification galing sa DOLE na sila ay involuntarily separated. Tapos i-present nila ‘yung savings account kung saan natin ide-deposit,” he added.

Nicolas also noted that cash assistance will be received in 5 days. It will be given in two halves in two months.

PAY ATTENTION: Shop with KAMI! The best offers and discounts on the market, product reviews and feedback

As reported by CNN Philippines, the SSS has set standards on who could avail of the said benefits. The applicant must be:

- Below 60 years old when removed from their job
- Must have paid SSS contributions for at least 36 months with at least 12 months payments remitted
- Must not have received an unemployment benefit in the past 3 years
- The following are the accepted reasons for unemployment that will qualify a worker for this SSS benefit: the introduction of machines that will replace human labor, redundancy, retrenchment to prevent losses, company closure or cessation of operations, having an ailment that may affect coworkers or is banned from rendering labor, an economic collapse, natural disasters, and other cases decided on by the Department of Labor and Employment.
- Must have stopped reporting for work due to serious insult by the employer or his representative on the honor and person of the employee, inhumane and unbearable treatment, the commission of an offense or crime against a worker or his family, and similar situations

PAY ATTENTION: Enjoyed reading our story? Download KAMI's news app on Google Play now and stay up-to-date with major Filipino news!

Earlier, the SSS announced that the deadline for payment of contributions from February to April has been extended until June 15 because of the enhanced community quarantine.

Please like and share our amazing Facebook posts to support the KAMI team! Don’t hesitate to comment and share your opinions about our stories either. We love reading about your thoughts and views on different matters!

Source: Kami.com.ph

Mailfire view pixel