8 Simple (But Important!) Things To Remember About SSS Membership

SSS or Social Security System membership has been part of the adulting stage especially when you start to apply for a job.  This provides assurance of social protection from the government that covers worker in the private sector, a self-employed or a voluntary member, or as an Overseas Filipino Worker (OFW) through their TWO programs namely:

>  The Social Security (SS) Program – provides replacement income
for workers in times of death, disability, sickness,
maternity and old age.
>  The Employees’ Compensation Program (EC) – provides double compensation to the worker when the illness, death, or accident
occurs during work-related activities, at the workplace or on the way to/from the workplace. EC benefits are granted only to members with employers.

As a member and contributor, we should have all the rights to know and understand how SSS works and what’s in it for us. So below are the 8 simple (but important) things you need to remember about your SSS membership.

  1. Coverage

SSS covers two types:

Compulsory Coverage – mandatory registration of employees, employers and self-employed persons with the SSS, with corresponding payment and remittance of social security contributions.  They include:

– Employees (EE)

– Employers (ER)

– Self-Employed Persons (SE)


Voluntary Coverage – non-mandatory registration and payment of social security contributions by non-working spouses (NWS), overseas Filipino workers (OFWs), and those covered under bilateral agreements. It also includes former employed/SE members who wish to continue payment of social security contributions. They include:

– Separated Members (VM)

– Overseas Filipino Workers (OFWs)

– Non-Working Spouse of SSS Members (NWS)

2. Registration Requirements

To secure an SS number or membership, you need to fill up a Personal Record Form (SSS Form E-1) that you can accomplish either from your nearest SSS branch or online and present the original or certified true copy of your Birth Certificate and submit its photocopy.

Click here to apply online and to check other documents that you can submit in the absence of Birth Certificate.

3. SSS Schedule of Contribution (updated 2018)

sss schedule of conribution 2018
Image Source: //www.sss.gov.ph

SSS monthly contributions are based on the compensation of the members (see table above).

The current SSS contribution rate is 11% of the monthly salary credit (MSC) not exceeding P16,000 and this is being shared by the employer (7.37%) and the employee (3.63%). If your salary goes beyond P16,000, your contribution should be based on P16,000 which is the highest monthly salary credit.

Also, for the Employees Compensation (EC) contribution which is paid only by the employers, it will be P10 for employees with an MSC of P14,500 and below, and P30 for employees with an MSC of P15,000 and up.

Self-employed and voluntary members pay the 11% of the monthly salary credit (MSC) based on the monthly earnings declared at the time of registration.

For OFWs, the minimum monthly salary credit is pegged at P5,000.

For the non-working spouse, the contribution will be based on 50% of the working spouse’s last posted monthly salary credit but in no case shall it be lower than P1,000.


Due Date of Contribution

sss due date 2018
Image Source: //www.sss.gov.ph/

Knowing the due dates of your contribution and loans (if any) is a must so you can avoid incurring penalties.

For OFWs, payment of contributions for the months of January to December of a given year may be paid within the same year; contributions for the months of October to December of a given year may also be paid on or before the 31st of January of the succeeding year

4. Beneficiaries

As an SSS member, you can assign primary beneficiaries that will receive the benefit in case of death. They are your immediate relatives such as spouse and children.

If still single and have no children, the benefit will go to the dependent parents as secondary beneficiaries. 

In the absence of primary and secondary beneficiaries, any other person that you’ll designate in your SSS record can be considered as beneficiaries.

5. Benefits of an SSS Member

It is not enough that you only comply with your contributions. You also should be aware of the benefits you can avail from your SSS membership. These are:

  • Sickness > a daily cash allowance paid for the number of days a member is unable to work due to sickness or injury.
  • Maternity > a daily cash allowance granted to a female member who was unable to work due to childbirth or miscarriage.
  • Disability > a cash benefit granted – either as a monthly pension or a lump sum amount – to a member who becomes permanently disabled, either partially or totally.
  • Retirement > a cash benefit paid either in monthly pension or as lump sum to a member who can no longer work due to old age.
  • Death > a cash benefit paid either in monthly pension or lump sum to the beneficiaries of a deceased member.
  • Funeral > A cash benefit given to paid contributions and CYS. whoever paid for the burial expenses of the deceased member.
  • Employees Compensation (EC) Program – assists workers and their dependents in the event of work-connected sickness or injury and its resulting disability or death.

See reference here: Summary of SSS Benefits

6. Loans You Can Avail

  • Salary Loan – A cash loan granted to an employed, currently- paying self-employed or voluntary member. It is intended to meet the member’s short-term credit needs.
  • Housing Loan –  SSS offers four housing programs to its members which has eligibility requirements. They are Direct Housing Loan Facility for Workers’ Organization Members, Direct Housing Loan Facility for OFWs, House Repair/Improvement Loan, and Assumption of Mortgage. To check if you’re eligible, click here.
  • Calamity Loan – a loan assistance program to SSS members and pensioners who are residing in calamity-stricken areas declared under state of calamity by the National Disaster Risk Reduction and Management Council (NDRRMC) are qualified for this loan.

7. Online Monitoring of Account

It is important that you monitor your contribution and details of your SSS account anytime and anywhere you want to. Good thing, you can already access them online. Follow these Simple Steps to Register Your SSS Number Online.

Also, other benefits of having your SSS membership registered online are the convenience of applying for a salary loan & maternity benefit, the record of SSS loan repayment, details of benefit claims, and access to the Member’s Forum where you can ask questions, and submit a complaint or concern regarding your SSS membership.

8. SSS Partnered Payment Centers

Here is the list of accredited banks and collecting agents that accept SSS membership contribution:


  • Asia United Bank
  • Bank of Commerce
  • Bank of the Philippine Islands
  • Philippine Business Bank
  • PNB Savings Bank
  • Security Bank Corp.
  • Union Bank of the Philippines
  • Wealth Development Bank, Inc.


  • CIS Bayad Center, Inc.
  • G-Xchange, Inc.
  • I-Remit, Inc.
  • Pinoy Express Hatid Padala Services, Inc.
  • Sky Freight Forwarders, Inc
  • Ventaja International, Inc.

If you don’t want the hassle of getting in line just to pay your contribution, the good news is you can now pay for it and your loan repayments online thru the following facility:

  • BancNet
  • unionbankph.com

Just a recap, here are the 8 simple (but important) things you need to remember about your SSS membership:

  1. Coverage
  2. Registration Requirements
  3. Schedule of Contribution
  4. Beneficiaries
  5. Benefits of an SSS Member
  6. Loans you can avail
  7. Online Monitoring of Account
  8. SSS Payment Partnered Centers

It is really important for us to be aware and to educate ourselves about government benefits like SSS. Contributions for this are made everytime we receive our salaries so we must know where our money should be going.

Remember, “If You Think Education Is Expensive, Try Ignorance.”

Also Read: Insurance or Investment: What Should I Get First?
Also read: 8 Reasons Why VUL Plan Is an Ideal Start-Up to Financial Security