Below is a short list of benefits that you can avail in return for your monthly SSS deductions:
- Retirement benefit - provided to a member who retires from work (in either lump sum or monthly pension)
- Disability benefit - provided to a member who can no longer work due to disability (in either lump sum or monthly pension)
- Death benefit - provided to a beneficiary of a deceased member (in either lump sum or monthly pension)
- Funeral benefit - provided to the person who paid for the funeral of a deceased member (up to Php20,000)
- Maternity benefit - provided to a female member who cannot report to work due to either the birth of a child or miscarriage (in the form of daily cash allowance)
- Sickness benefit - provided to a member who cannot report to work due to sickness or injury (in the form of daily cash allowance, depending on the number of days of leave)