Accidents are inevitable in the workplace. There are situations when workers are involved in accidents or, in some cases, become completely ill, resulting in their incapacity and inability to go about their daily life. In this event, even their funds are not always enough to meet their hospitalization costs. Let alone the items they will need on their journey to recovery and building a new life.
This article will discuss the SSS Disability Pension Loan Benefits and everything you need to know about the program. You may also read the complete guide and claim the SSS Partial Disability Benefits.
Disability as Defined
The Social Security System or SSS follows the World Health Organization’s (WHO) definition of disability as “any restriction or lack (coming from an impairment) of ability to execute an activity in a manner or within the range considered normal for a human being.”
Disability Loan Benefits and Terms
A SSS member who becomes permanently disabled, either partially or wholly, receives a monetary benefit in the form of a monthly pension or a lump-sum payment.
This benefit may be available to members who have a partial or entire permanent disability and have paid at least one month’s payment to the SSS before the semester of contingency. However, they must have paid at least 36 monthly contributions before the semester of impairment to be eligible for a monthly disability pension. If they have made less than 36 monthly contributions, he or they will give a lump sum payment.
Requirements for Applying for the Disability Pension Loan
A claimant must present the following documents when applying for the benefit:
- Form for Disability Claim Application (DisCA).
- Form with Photo and Signature (for initial claims only).
- The attending physician must complete the SSS Medical Certificate Form within six months of filing.
- Medical Records to Back You Up (certified true copy).
- Any legitimate ID, such as an SSS Unified Multipurpose Identification (UMID) Card and another one with a photo. IDs must also have signatures.
Conditions to Qualify for the Disability Pension Loan
The loss of the following body components is termed partial permanent disability:
- A single thumb.
- Only one index finger is available to be used.
- One of the middle fingers.
- One of the ring fingers
- Just one tiny finger.
- If only a single hand is open.
- Only one arm.
- Only one foot.
- There is only one leg.
- Both of your ears are missing.
- One ear is deafeningly deaf.
- Both ears are incapable of hearing.
- One-eyed vision.
As for the other conditions in the disability pension, removing the following generative organs may be a permanent partial disability. In terms of gender, for female members, who wants to avail themselves of the program, they must be under 45 years old at the time of surgery (under SSC Res#1433):
- Only the uterus has been lost.
- One ovary and the uterus were lost.
- Both the uterus and the ovary are lost.
- Both ovaries are missing.
Furthermore, in the event of any of the following, total permanent disability is granted:
- Both eyes are entirely blind.
- Two limbs are amputated at or above the ankles or wrists.
- Two limbs are permanently paralyzed.
- Injuries to the brain that cause irreversible imbecility or insanity; and
- SSS has determined and authorized such cases.
Way on how to Compute the Disability Pension Loan
The monthly pension will be calculated using the member’s average monthly salary credit and the credited years of membership before the contingency semester.
The minimum monthly stipend for members with less than ten credited years of service (CYS) is P1,000; for those with at least 10 CYS, it is P1,200; and those with at least 20 CYS are P2,400.
If the member qualifies, they will get a monthly SSS Disability Pension plus a monthly Supplemental Allowance of P500.
Dependent’s pension of 10% of the member’s basic monthly pension, or P250, whichever is higher, is granted to up to five dependent minor children, commencing with the youngest, with no replacement allowed in the case of SSS Total Disability pension.
SSS whole disability pensioners receive a 13th-month stipend every December; SSS partial disability pensioners receive a 13th-month pension if their assistance is for at least 12 months. In addition, as of January 2017, an extra benefit of P1,000 has been implemented.
The Disability Benefits application is currently running through Dropbox, online, and other viable ways to minimize contact.
Ways on Claiming the Disability Loan Pension
The disability compensation must be disbursed using the qualified payees’ UMID card, enrolled as an Automated Teller Machine (ATM) card. In the absence of this, payment shall be made through participating banks under the Development Bank of the Philippines (DBP) Disbursement Facility via the Philippine Electronic Fund Transfer System and Operations Network (PESONet), electronic wallets (E-wallets), or accredited remittance transfer companies (RTCs)/cash payout outlets via the Philippine Electronic Fund Transfer System and Operations Network (PESONet), electronic wallets (E-wallets), or accredited remittance transfer companies (RTCs)/ (CPOs).
Qualified payees must enroll the following information in the Disbursement Account Enrollment Module (DAEM) and upload a proof of account at the SSS website’s My.SSS facility: bank name and account number for PESONet participating banks; if using E-wallet, RTC/CPO, mobile number. When they credit their disability claims to their PESONet bank/E-wallet accounts, or if payment is already available through RTCs/CPOs, members will be alerted by SSS through e-mail or SMS.
People who become disabled in some way are limited in their ability to carry out numerous daily duties. Aside from what we see physically, they have various emotional and psychological obstacles.
SSS is constantly improving its benefits and services, especially disability benefits. Unlike other private insurance companies, SSS disability coverage is a separate policy and plan; the SSS monthly payments cover their members’ future eventualities (Old-age, Disability, and Death). Of course, they do not want their members to take advantage of these benefits for the reasons they are being applied for.
Remember! Make sure to regularly pay for your SSS contributions to be qualified to get the benefits. You can use the Moneygment app to pay for your SSS contributions now that we are in a pandemic.
