Get all the latest updates on the SSS Partial Disability Benefits 2024 Eligibility, Payment Dates and Amount Here. The SSS Disability Benefit is the financial support program offered by the Social Security System in the Philippines. It is available to individuals who become permanently impaired, either partially or totally.
SSS Partial Disability Benefits 2024
Claimants can receive the benefit either as a lump sum payment or monthly pension, depending on their contributions and the extent of their disability. To be eligible for the monthly pension, an individual should have made at least 36 monthly SSS contributions before the outbreak of the disability.
If you have fewer than 36 monthly contributions or if your disability is expected to last less than a year, you may opt for a lump sum payment instead. This lump sum amount is evaluated based on the total contributions you have made or the equivalent of 12 times the monthly pension, whichever is higher.
SSS Partial Disability Benefits Eligibility
The SSS Disability Benefit impart essential financial assistance to Filipinos who suffer from a disability, helping them to cover various costs associated with their condition. To qualify for the SSS contribution, you need to fulfil specific criteria set by the officials.
- The applicant must have made 36 contributions to SSS before their disability starts. If you have fewer contributions, you might only be eligible for the lump sum payout.
- The claimant must be suffering from a condition that is either classified as a partial or complete disability.
Only if you meet this eligibility requirement can you claim the disability benefit and reach out to the leading portal to complete the application procedure and ensure you receive appropriate support when in need.
SSS Partial Disability Benefits Payment Dates 2024
For partial disability, the payment amount is calculated using the formula Monthly Pension x Total Number of SSS Contributions x Disability Percentage or Monthly Pension x 12 x Disability Percentage. The formula that gives the higher payment amount will be applied to ensure that claimants can give the maximum benefit they are entitled to based on their contributions and disability level.
The SSS benefit payments are typically made by the end of each month. Therefore, the payment for August is likely to be disbursed on 30 falling on Friday. It is important to note that public holidays and weekends can affect your payment dates. In that case, the payment will be either deposited a day before the holiday falls or on the next working day.
SSS Partial Disability Benefits Amount
In case you are wondering what amount you can receive through the SSS disability benefit, we have accurate details on how the payment amount is calculated. The amount you can obtain thoroughly depends on how many years you have invested in SSS and the level of your disability.
Members with less than ten credited years of service can get a minimum pension of PHP 1,000 each month. Those with less than ten CYS are entrusted with PHP 1,200 monthly payments, while members with at least CYS contribution will get up to PHP 2,400 per month. Apart from the basic pension, a Supplemental Allowance of PHP 500 is also available for qualifying individuals.
All We Know
Partial disability refers to a significant loss of function in a part of the body that does not entirely prevent one from working. In contrast, total disability is a severe impairment that outcome in complete loss of function in both eyes, limbs or another significant part of the body or conditions leading to irreversible mental disorder. Those who are receiving total disability support get an extra 13th-month pension at the end of the calendar calendar year. For partial disability pension this is provided if the pension has been received for at least 12 months.
For individuals who are partially disabled and have fewer than 36 contributions, the lump sum payment will be calculated based on monthly pension time, the number of contributions or 12 times the disability percentage, which amount is more. We are delighted that you have read the post until the end; for more such informative content, kindly bookmark our portal.
Ruth Alba is a dedicated writer with a passion for creating original, insightful content. With a focus on delivering plagiarism-free work, he brings clarity and creativity to each piece. His work reflects a commitment to integrity, originality, and engaging storytelling that resonates with readers.