social security system philippines

Social Security System of the Philippines is a government agency
under the executive branch of government which functions like
a private insurance company.

SSS Benefits In The Philippines
The SSS collect money from employees or workers in the private
sector and in return for the employees contribution, they are
entitled to the following benefits.

      1. Monthly Pension
      2. Dependents Pension
      3. Retirement benefit
      4. Death benefit
      5. Permanent Disability benefit
      6. Funeral benefit
      7. Sickness benefit

            Related: Who Can Claim SSS Death Benefits

All Employees or workers in the private sector who are not yet
60 sixty years old are compulsory covered on his/her day of
work or employment.

Those whose employment is purely casual and not for purpose of
occupation, or business of the employer are exempted from
SSS compulsory coverage.