agra assignment

7/23/2019 AGRA Assignment

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1. Who are covered under the Social Security System?

a. Coverage in the SSS shall be compulsory upon all employees not over sixty (60)years of age and their employers.

b. Spouses who devote full time to managing the household and family affairs, unlessthey are also engaged in other vocation or employment which is subect to mandatory

coverage may be covered by the SSS on a voluntary basis.

c. !ilipinos recruited by foreign"based employers for employment abroad may be

covered by the SSS on a voluntary basis.

2. Who are considered the legal dependents of the SSS member?

a. #he legal spouse entitled by law to receive support from the member$

b. #he legitimate, legitimated, or legally adopted, and illegitimate child who is

unmarried, not gainfully employed and has not reached twentyone years (%&) of

age, or if over twentyone (%&) years of age, he is congenitally or while still a minor

has been permanently incapacitated and incapable of self support, physically or

mentally$ and

c. #he parent who is receiving regular support from the member.

3. Who are the beneficiaries of the SSS member?

a. #he dependent spouse until he or she remarries

b. #he dependent legitimate, legitimated or legally adopted, and illegitimate children,who shall be the primary beneficiaries of the member' rovided, #hat the dependent

illegitimate children shall be entitled to fifty percent (0*) of the share of the

legitimate, legitimated or legally adopted children' rovided, further, #hat in theabsence of the dependent legitimate, legitimated children of the member, his+her

dependent illegitimate children shall be entitled to one hundred percent (&00*) of the

benefits. n their absence, the dependent parents who shall be the secondary

beneficiaries of the member. n the absence of all the foregoing, any other persondesignated by the member as his+her secondary beneficiary.

4. When does the coverage of the employers take effect?

a. -eginning as of the last day of the month when an employees compulsory coverage

ta/es effect and every month thereafter during his employment, his employer shallpay, with respect to such covered employee, the employers contribution in

accordance with the schedule indicated in Section ighteen of 12 3%3%.

4otwithstanding any contract to the contrary, an employer shall not deduct, directly


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or indirectly, from the compensation of his employees covered by the SSS or

otherwise recover from them the employers contributions with respect to such

employees.

5. When does the coverage of the employees take effect?

a. -eginning as of the last day of the calendar month when an employees compulsory

coverage ta/es effect and every month thereafter during his employment, the

employer shall deduct and withhold from such employees monthly salary, wage,

compensation or earnings, the employees contribution in an amount corresponding to

his salary, wage, compensation or earnings during the month in accordance with the

following schedule

. When does the coverage of the self!employed person take effect?

a. #he contributions to the SSS of the self"employed member shall be determined inaccordance with Section ighteen of 12 3%3%' Provided, #hat the monthly earnings

declared by the self"employed member at the time of his registration with the SSS

shall be considered as his monthly compensation and he shall pay both the employerand the employee contributions' Provided, further, #hat the contributions of self"

employed persons earning 5ne thousand pesos (&,000.00) monthly or below may be

reduced by the Commission. #he monthly earnings declared by the self"employedmember at the time of his registration shall remain the basis of his monthly salary

credit, unless he ma/es another declaration of his monthly earnings, in which case

such latest declaration becomes the new basis of his monthly salary credit.

". What is the effect #hen an employee under compulsory coverage is separated from

employment?

a. pon separation from employment, employers obligation to pay SSS contributions

ceases at the end of the month of separation. 7owever it shall still be credited with allthe contributions paid on behalf and remain entitled to SSS benefits and privileges, as

long as the necessary 8ualifying conditions are met. 5ne may opt to continue paying

the total contributions as a voluntary member to maintain the right to full benefits. n

case of re"employment with the private sector, one can stop paying as a voluntarymember and resume payment of contributions as an employee"member through the

employer. n case of re"employment with the public sector wherein one will be

covered by the 9overnment Service nsurance System (9SS), one may opt tocontinue paying the SSS contributions as a voluntary member to enoy social security

benefits under both institutions.

$. What is the effect of interruption of business or professional income?


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a. f the self"employed reali:es no income in any given month, he shall not be re8uired

to pay contributions for that month. 7e may, however, be allowed to continue paying

contributions under the same rules and regulations applicable to a separated employeemember' Provided, #hat no retroactive payment of contributions shall be allowed

other than as prescribed under Section #wenty"two"2 of 12 3%3%.

%. &o# do you ascertain the amount of monthly pension?

a. #he monthly pension depends on the members paid contributions, his credited years

of service (C;S), and the number of his dependent minor children that must not

exceed five. #he monthly pension will be the highest amount resulting from either

one of these three pension formulae'

&. the sum of


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11. What are the duties and responsibilities of SSS employee!member?

a. >eep the duplicate copy of your SS !orm "& (ersonal 1ecord) and give a

photocopy to the employer upon employment$b. ?erify with the nearest SSS office after eep the personal records such as address, contact number, beneficiaries updatedand correct by submitting a completed SS !orm "= (Aembers Bata 2mendment

!orm) together with the corresponding supporting document+s to avoid delays in

the processing of benefit claims$ andg. -e aware of changes and improvements in the SSS policies and benefit structure

to fully utili:e the benefits.

12. What are the duties and responsibilities of SSS employer!members?

a. 1e8uire the presentation of the SS number of a prospective employee$ 1eport all

employees for SS coverage within thirty (


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a. ay their monthly contributions using Contributions ayment 1eturn (SS !orm

1S") Aonthly or 8uarterly in accordance with the prescribed schedule$ Self"

employed and voluntary members, including 5!Ds may change their ASCmonthly. #he change may be by one or two salary brac/ets without re8uiring the

submission of documents to prove their earnings. n case the change will result to

an ASC of lower than ,000.00, or where the change will result in more thantwo salary brac/ets higher or lower than the present ASC, a Beclaration of

arnings must be submitted to support the new earnings. 7owever, if the age of

the member is years or older and the present ASC is more than &0,000.00,the allowed increase is only one salary brac/et regardless of whether the

Supporting documents are submitted or not.

!or 5verseas !ilipino Dor/ers (5!Ds), the minimum ASC was increased from


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Self"employed and voluntary members may pay their monthly contributions

prospectively or in advance, but never retroactively to cover month+s when no

contribution payments were remitted.

n the case of the covered 4on"Dor/ing Spouse, if he+she later becomes

employed, self"employed or an 5!D, the membership shall be reclassifiedaccordingly as employed or self"employed or 5!D.

15. )an a member #ithdra# his membership #ith the SSS?

4o. Dhen a person registers and is covered for SSS membership, he+she becomes a

member for life. ven during such time that the member fails to remit contributions, the

benefits and loan privileges provided by SSS can still be availed of, as long as the

member meets the 8ualifying conditions for entitlement thereto.

1. What is the nature of dependent*s pension?

ach dependent child, but not exceeding five, counted from the youngest and withoutsubstitution, shall be entitled to ten (&0*) percent of the monthly income benefit of the

employee. #hese 1ules shall not apply to causes of action which accrued before Aay &,

&FG3.

1". &o# much is each dependent entitled to as +ependent*s ,ension?

Dhere monthly pension is payable on account of death, permanent total disability or

retirement, dependents pension e8uivalent to ten percent (&0*) of the monthly pension

or #wo hundred fifty pesos (%0.00), whichever is higher, shall also be paid for eachdependent child conceived on or before the date of the contingency but not exceeding

five (), beginning with the youngest and without substitution' rovided, #hat where

there are legitimate and illegitimate children, the former shall be preferred.

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