Can Self-Employed Individuals Join the SSS?

For self-employed individuals, understanding how to join and benefit from the SSS is crucial. This comprehensive guide will detail everything self-employed individuals need to know about joining the SSS, from eligibility criteria to benefits.

Enrolling in the sss online registration offers numerous benefits to self-employed individuals, providing financial security and support during various life events. Some key benefits include:

Sickness Benefit

Self-employed members are entitled to a daily cash allowance for each day they are unable to work due to illness or injury, provided they have paid at least three months of contributions within the 12-month period immediately before the semester of sickness.

Maternity Benefit

Female self-employed members can avail of the maternity benefit, which provides a daily cash allowance for up to 105 days for childbirth or miscarriage. To qualify, the member must have paid at least three monthly contributions within the 12 months immediately before the semester of childbirth or miscarriage.

Disability Benefit

Members who become partially or totally disabled due to illness or accident can receive a disability pension or a lump sum amount, depending on the extent and duration of the disability.

Retirement Benefit

Self-employed individuals can receive a retirement pension upon reaching the age of 60 and having made at least 120 monthly contributions. This pension provides financial support during retirement years.

Death Benefit

In the event of the member's death, the designated beneficiaries can receive a death benefit, which can be in the form of a monthly pension or a lump sum payment, depending on the member’s contributions and qualifying conditions.

Funeral Benefit

The SSS provides a funeral grant to help cover the burial expenses of the deceased member. The amount varies based on the member’s contributions and MSC.

Loan Privileges

Self-employed members can also avail of various loan programs offered by the SSS, including salary loans, calamity loans, and housing loans. These loans are designed to provide financial assistance for different needs and emergencies.


Amy Fitzgerald

2 Blog posts

Comments