We may contribute to the Social Security System (SSS) regularly, but how many of us really understand its purpose? Aside from providing financial support upon retirement, what are the other benefits that we could get from it?

For starters, the SSS was established in 1957 in order to provide social security benefits for private sector workers. Apart from the retirement pension, SSS members can also claim other benefits such as disability and maternity allowances. Those covered under the SSS include employees, entrepreneurs, self-employed professionals, and voluntary members (including OFWs and non-working spouses).

What else do we need to know about the SSS? Scroll through the gallery to find out:


(First published as "Social Security Basics" in the "Good Money" section of Good Housekeeping Philippines' October 2011 issue. Adapted for use in Female Network. Photo by Mike Dee.)

ADVERTISEMENT - CONTINUE READING BELOW
Watch now
Get the latest updates from Female Network
Subscribe to our Newsletter!
Trending on Network

Latest Stories

Netizens Think Alex Gonzaga Threw a Subtle Shade at Dina Bonnevie for Humiliating Her on Set

The veteran actress called out a then-starting young actress for tardiness and acting like a “queen” among her castmates.

Ellen Adarna Responds to Netizen Who Pointed Out That She Doesn’t Post Drunk Photos Anymore

Her Instagram is now filled with the actress’ bonding moments with her husband Derek and son Elias.

Paolo Contis on Receiving Death Threats from Bashers: “Sino ngayon sa amin ang mas nagkakasala?”

Paolo and his rumored girlfriend Yen Santos have allegedly been receiving death threats after they were spotted at a hotel together.

Kryz Uy Shares Her Thoughts on Letting Her Husband Slater Young Watch Porn

“This whole porn thing, it gets blown out of context because it's not normalized in the society."
Load More Stories