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Sickness Benefits Claim Guide 2025

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The document is a Unit Trust Disinvestment Form from Sanlam Collective Investments, outlining the process and requirements for disinvesting funds. It includes important notes on payment procedures, verification documents needed, and instructions for completing the form accurately to avoid delays. The document emphasizes that payments will only be made to the registered investor's bank account and provides contact details for assistance.

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2023	4.7 Satisfied (36 Votes)
2016	4.2 Satisfied (37 Votes)

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How much is the SSS sickness allowance?

The total monthly salary credit would be divided by 180 to get the average daily salary credit of P500 (P90,000/180). The daily sickness allowance is 90 percent of the of the average daily salary credit or P450 (P500 x 90%).

How to compute sickness benefit reimbursement application?

Divide the total monthly salary credits by 180 days to get the average daily salary credit. Multiply the average daily salary credit by 90 percent to get the daily sickness allowance. Multiply the daily sickness allowance by approved number of days to arrive at the amount of benefit due.

What are the sickness covered by SSS?

Certain long-term illnesses such as diabetes, cancer, hypertension, and arthritis are also covered by the SSS pension. You may be eligible for regular payments depending on the severity of your condition and any other factors.

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What are sickness that are covered by SSS in the Philippines?

SSS pension covers certain long-term illnesses such as hypertension, arthritis, diabetes, and cancer.

How do you calculate sickness reimbursement?

Divide the total monthly salary credit by 180 days to get the average daily salary credit (ADSC). Multiply the ADSC by ninety percent (90%) to get the daily sickness allowance. Multiply the daily sickness allowance by the approved number of days to arrive at the amount of benefit due.

How much will you get for SSS sickness benefit?

The amount of the members daily Sickness Benefit allowance is equivalent to ninety percent (90%) of his/her average daily salary credit (ADSC). The Sickness Benefit is granted up to a maximum of 120 days in one (1) calendar year.

Who qualifies for SSS sickness benefit?

To qualify for the SSS sickness benefit, the employee must: have paid at least 3 months of contributions within the 12-month period immediately before the semester of sickness/injury; be unable to work due to sickness/injury and is confined whether in a hospital or at home for at least 3 days; and.

Can I withdraw my SSS contribution after 10 years?

However, once you become a covered SSS member, you become a member for life. The contributions that you remit become savings for the future that will serve as basis for the granting of social security benefits in times of contingencies. Membership cannot be withdrawn and contributions paid cannot refunded.

Sickness Benefits Claim Guide 2025

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What are sickness that are covered by SSS in the Philippines?

How do you calculate sickness reimbursement?

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Can I withdraw my SSS contribution after 10 years?

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