Details about the SSS Sickness Benefit Amount 2024 for Members
SSS SICKNESS BENEFIT AMOUNT 2024 – Here is a guide on how much a member of the Social Security System may get under the offer.
If you are living in the Philippines, one of the wisest moves you can make is to be in a constant pursuit of an active and updated account to a social insurance institution. One of these entities is the Social Security System is more popularly called SSS.
The SSS is one of the social insurance giants in the country. It has millions of members coming from different walks of life with most of the members being locally-employed individuals in the private sector and self-employed individuals.
SSS members who have active and updated accounts may qualify to the SSS loans as well as the benefit offers of the state-run social insurance agency. One of the benefit offers is the SSS Sickness Benefit which members can turn to in times of medical situation that leads to absence from work for at least four (4) days.
The SSS Sickness Benefit is open for members who are confined at home or at the hospital for at least four (4) days. It was designed to help give the sick member the chance to have enough resting time to fully recover without the worries of falling short on the next payday.
Here are the qualifications under the benefit offer of the Social Security System:
- sick or injured and cannot report to work due to a health condition
- has paid at least three (3) months of contributions within the 12-month period immediately before the semester of sickness or injury
- confined at a hospital or at home for at least four (4) days
- has duly notified his or her employer
- has used up all company sick leaves with pay for the current year
How much is the SSS Sickness Benefit amount? According to SSS, the amount of the member’s daily sickness benefit allowance is equivalent to ninety percent (90%) of his/her average daily salary credit (ADSC)”.
The SSS Sickness Benefit amount may be granted for not more than 120 days in one (1) calendar year. According to SSS, unused portion of the benefit offer may not be carried over to the allowable compensable days of the next year.