SOCIAL SECURITY SYSTEM
(SSS)
SSS-HK REPRESENTATIVE OFFICE
PHILIPPINE CONSULATE GENERAL
Rm. 602, 6th floor United Centre 95 Queensway,
Admiralty
SSS-ID Capture Center - Rm. 603-A, beside the Philippine
Consulate
Tel. No. : 2143-6394
Fax No. : 2377-9556
SSS Representative Officer: Mr. Alfredo
Jose I. Recio, Jr.
E-mail address : psss031@ibm.net
SSS MISSION STATEMENT
"To provide meaningful protection to members and
their families against contingencies
resulting in loss of income or financial burden and
to contribute to the socioeconomic
development of the country through a viable social
insurance program."
VISION STATEMENT
"By the year 2000, SSS aims to achieve Quality Service
and Coverage.
Quality Service means world-class and able to compete
with the best in the world.
Quality Coverage means that social security protection
is universal, uniform
and meaningful."
REQUIREMENTS:
YOU CAN BECOME AN SSS OFW MEMBER IF YOU…
1) are an overseas Filipino worker, are not over
60 years old and are not an SSS member yet;
2) were previously covered by the SSS and have been
separated from your previous employment but have not applied for voluntary
membership;
or have already applied for voluntary membership
and are actively paying but not as an OFW.
HOW CAN YOU BECOME AN SSS MEMBER
-
Visit your nearest SSS office and secure an Overseas
Worker Record Form (OW-1).
(OW-1 applications are available at the counters
of Accredited Banks such as PNB, First Metro Bank, RCBC and SB-HK)
-
Fill out the form and submit it with the following documents:
-
Birth certificate or, in its absence, Baptismal Certificate
or Passport
-
Marriage Contract, if married;
-
If reporting children,
-Birth/Baptismal certificate of child, if
legitimate
-Proof of filiation showing acknowledgement of child,
if illegitimate
-Decree of Adoption for legally adopted child
BENEFITS AND PRIVILEGES
AS AN SSS OFW MEMBER, YOU ENJOY THE FOLLOWING BENEFITS…
TYPE OF BENEFITS QUALIFYING CONDITIONS
PENSION LUMP SUM
SICKNESS At least three (3)
contributions 90% of average daily
within a 12-month period prior salary
credit Max. 120
to semester of sickness days in one
calendar Yr.
MATERNITY At least three (3)
contributions Daily Maternity Benefit
within a 12-month period prior equivalent
to 100% of
to semester of childbirth or her average
daily salary
miscarriage credit for 60 days or 78
days in case of caesarian
delivery; up to first four
(4) deliveries or mis-
carriages only.
RETIREMENT 120 monthly contributions;
P1,200 - if with at least Less than 120
Age 60, optional basis 10 CYS*; contributions;
(Age 65, mandatory basis) P2,400 -
if with at least Refund plus
20 CYS; 13th month interest
pension - December
PARTIAL At least 36 contributions
P1,000 - if w/ less than Less than 36
DISABILITY prior to semester
of contingency 10 CYS; contributions
P1,200 - if w/ at least Appropriate
10 CYS; lump sum
P2,400 - if w/ at least
20 CYS; 13th month
pension - December
PERMANENT At least 36 contributions
P1,000 - if w/ less than Less than 36
TOTAL prior to semester of contingency
10 CYS; contributions
DISABILITY P1,200 - if w/ at
least Appropriate
10 CYS; lump sum
P2,400 - if w/ at least
20 CYS; 13th month
pension - December
DEATH At least 36 contributions
P1,000 - if w/ less than Less than 36
prior to semester of contingency 10
CYS; contributions
P1,200 - if w/ at least Appropriate
10 CYS; lump sum
P2,400 - if w/ at least
20 CYS; 13th month
pension - December
FUNERAL At least 36
contributions P15,000 prior to semester of contingency
*(CYS) Credited Years of Service
YOU ALSO HAVE THE FOLLOWING LOAN PRIVILEGES…
TYPE OF LOAN CONTRIBUTIONS LOAN AMOUNT
INTEREST P.A. TERMS
SALARY 24 mos. / 36 mos. 1 month
/ 2 months 6% 2 years
salary credit
CALAMITY 36 mos. P5,000 maximum
6% 2 years
PRIVATIZATION 12 mos. P20,000
maximum 6% 5 years
FUND
SPECIAL 24 mos. - employed P25,000
maximum 10.15% 2 years
EDUCATIONAL 34 mos. – self
LOAN FOR Y2K employed/voluntary
CONVERSION
HOUSING At least 12 mos. P375,000
maximum 16% 5 -25 years
Actively paying
HOUSE At least 12 mos. P375,000
maximum 16% 5-20 years
IMPROVEMENT actively paying
SMALL AND P50 M maximum 17%
7 years MEDIUM -
ENTERPRISES
SCHEDULE OF CONTRIBUTIONS FOR 1999
MONTHLY SALARY CREDIT SOCIAL SECURITY
(MSC)
P 3,000 P252.00
3,500 249.00
4,000 336.00
4,500 378.00
5,000 420.00
5,500 462.00
6,000 504.00
6,500 546.00
7,000 588.00
7,500 630.00
8,000 672.00
8,500 714.00
9,000 756.00
9,500 798.00
10,000 840.00
10,500 882.00
11,000 924.00
11,500 966.00
12,000 1,008.00
YOUR QUESTIONS ON YOUR SSS OFW MEMBERSHIP ANSWERED
When does my coverage as an OFW member take effect?
Upon payment of your first contribution.
What will be the basis of my contribution?
The basis of your contribution is your monthly earnings,
computed in Philippine pesos, declared at the time of registration. However,
your monthly salary credit should in no case be lower than P3,000 and the
maximum subject to the prevailing salary ceiling.(The setting of minimum
salary credit at P3,000 is based in the salary of departing OFWs, the minimum
of which is US$200 and alignment with Overseas Workers Welfare Administration's
proposed minimum contribution for Health Care Program.)
Both the employee's and employer's share shall be
paid by the OFW.
Upon arrival of OFW's membership application, the
OFW or the allottee shall pay for the contribution based on the rate provided
for in table of contributions through SSS-accredited collecting banks within
the first five days of the month following the applicable month.
In case of termination of the contract, the OFW may
continue to pay their contributions to maintain his/her right to full benefit.
Can I change my monthly salary credit?
Yes, you are allowed to change your monthly salary
credit once in a given year. You need not present any proof of earnings
if the requested change is only the next higher or lower MSC from your
current MSC. However, if the requested change is more than the next higher
or lower monthly salary credit, you will have to present a copy of your
income tax return for the prior year duly stamped received by the Bureau
of Internal Revenue.
For more information, please check out the SSS website
at: http://www.sss.gove.ph
