SSS UNEMPLOYMENT BENEFITS – Here are some details about the benefit offer for SSS members who lost their job.
One of the instances that can be financially-challenging is losing a job. Thus, the Social Security System which is one of the giants in the field of social insurance institutions has crafted the SSS Unemployment benefits to make sure that its members has something to turn to when it happens to them.
SSS Members Who Lost Job May Turn to Unemployment Benefit
Guide on SSS Unemployment Benefit Offer for Members
The members of the Social Security System (SSS) who involuntarily lost their job may file for an Unemployment Benefit claim.
In the Philippines, most of the individuals who are working in the private sector are members of the Social Security System, more popularly called SSS. It is one of the social insurance giants in the country.
The SSS has been in the service of the Filipino people for decades now. Its member populace is not only composed of locally-employed individuals in the private sector but as well as self-employed individuals, overseas Filipino workers (OFWs), and voluntary members.
Every month, the SSS members remit a certain amount as a monthly contribution to keep their accounts active and updated. Accumulated contributions can qualify a member to the benefits and loans offered by the government agency.
One of the benefit offers of the Social Security System is the SSS Unemployment Benefit. It was designed to help the members who involuntarily lost their job. Truth be told that unemployment can be one of the hardest situations in life.
A lot of SSS members are breadwinners in their families. Many are parents who do not only provide for the needs inside the household but also have children to send to school, bills to pay, and deal with a constant challenge to put food in the table.
In events like such, the Social Security System wants to be one of the entities that its members can turn to for financial assistance. It has set a list of eligibility criteria in filing for the SSS Unemployment Benefit claim.
The SSS Unemployment Benefit is one of the many benefit offers of the state-run social insurance institution. It has also crafted benefits that the members can turn to in times of sickness, disability, retirement, and their families can turn to in death.