sss unemployment benefit program

In the former, you can get up to 20,000, with an interest rate of 10 percent per annum. To manage this economic crisis, SSS offers the cash assistance program. If you’re from the tourism, manufacturing, or any industry hit by the pandemic, you can turn to the SSS unemployment benefits. The good news is, the government is stepping in to provide aid for the displaced employees. The unemployment benefit is not a loan, which means that there is no need to pay an additional amount to the SSS for this benefit. Due to this year’s consecutive unprecedented events, predominantly the pandemic, many Filipinos lost their employment, businesses, and other sources of income. Unemployment due to involuntary separation or termination is one of the concerns of employees whose only source of income is their job.

Members can file for unemployment benefits once every three years. The maximum cash benefit is at around P20,000.

Once your application has been approved, you will get monthly cash payments equivalent to 50 percent of your average monthly salary credit for a maximum of two months. Earlier, some aviation companies, including the Philippine Airlines and Cebu Pacific, have made a sweeping move to lay off some workers.

For any questions, suggestions, comments, or issues, kindly contact us. We at Lamudi are committed to giving you the best experience. Pwede po ba maka pag avail ang asawa ko ng SSS unemployment benefit kahit po mag 10 years na syang walang trabaho. an original and photocopy of one primary ID card or document or in the absence of which.

Salamat po. Finance Secretary Carlos Dominguez III himself expects workers in the sectors mentioned to apply for SSS cash assistance.

Other cases identified by the Department of Labor and Employment (DOLE). Here’s everything you need to know about the program: The SSS Unemployment Benefit is enshrined in the Republic Act No. Your email address will not be published. Privacy Policy, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). Hang in there.

Apply for the DOLE Certification of unemployment through its nearest branch or at the Philippine Overseas Labor Offices (POLO) which  requires the following documents: Notarized Affidavit of Termination of Employment; and.

11199 or the Social Security Act of 2018. The member must have paid at least 36 monthly contributions. SSS can hand over P1.2 billion to cover as many as 60,000 premium-paying members. Despite the shake-up the pandemic caused in the student housing sector, experts are optimistic about one thing: it will see renewed demand. The member may be granted cash assistance for a maximum period of two months.

11199 or the Social Security Act of 2018. The Notice of Termination from Employer or the Affidavit of Termination of Employment. Therefore, you don’t need to pay SSS back after securing your cash. The monthly amortization begins in the second month after the date of the loan and will last for 24 months. Fortunately, you can tap into government assistance programs to survive this crisis. FACEBOOK MESSENGER: https://www.messenger.com/t/LamudiPhilippines, OFFICE: Unit 32AD BPI-Philam Life, 6811 Ayala Ave. Makati City, 1226 Philippines.

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