3 more months and I am about to give birth. I was trying to search online on how to compute for the SSS benefit and I found this site. Hope this helps to all of you pregnants out there. I am not sure if this is up to Date because it was posted in the forum in 2oo7.
(http://www.femalenetwork.com/girltalk/index.php?topic=157907.30;wap2)
1.Exclude the semester of contingency (Delivery, Miscarriage, or Abortion) (Semester refers to two (2) succeeding quarters ending in the quarter contingency)
Expected Delivery: November 16, 2004
Semester of Contingency: July 2004 to December 2004
2.Count 12 months backward starting from the month immediately preceding the semester of contingency.
12 months: 2004 Jun May Apr Mar Feb Jan
Dec Nov Oct Sep Aug Jul 2003
12-month period prior to the semester of contingency: JULY 2003 – JUNE 2004
3.Identify and add the six (6) Highest Monthly Salary Credits (MSC’s) within the 12-month period preceding the semester of contingency.
Monthly Salary (JAN – JUN 2004)
January – P 10,000 April – P 10,000
February – P 10,000 May – P 10,500
March – P 10,000 June – P 10,500
Total Monthly Salary Credits: P 61,000
4.Divide the Total Monthly Salary Credits by 180 days to arrive at the Daily Maternity Allowance.
Daily Maternity Allowance: P 61,000 / 180 = P 338.89
5. Multiply the Daily Maternity Allowance by 60 for normal delivery or miscarriage or 78 days for cesarean delivery to get the total maternity benefit.
However, in case a member dies before the lapse of 60 or 78 days from the date of contingency, the number of days to be considered in the computation should be from the start of the employees maternity leave up to the day prior to the date of death.
NORMAL DELIVERY:
Total Maternity Benefit: P 338.89 x 60 = P 20,333.40
CESAREAN DELIVERY:
Total Maternity Benefit: P 338.89 x 78 = P 26,433.42
Expected Delivery: November 16, 2004
Semester of Contingency: July 2004 to December 2004
2.Count 12 months backward starting from the month immediately preceding the semester of contingency.
12 months: 2004 Jun May Apr Mar Feb Jan
Dec Nov Oct Sep Aug Jul 2003
12-month period prior to the semester of contingency: JULY 2003 – JUNE 2004
3.Identify and add the six (6) Highest Monthly Salary Credits (MSC’s) within the 12-month period preceding the semester of contingency.
Monthly Salary (JAN – JUN 2004)
January – P 10,000 April – P 10,000
February – P 10,000 May – P 10,500
March – P 10,000 June – P 10,500
Total Monthly Salary Credits: P 61,000
4.Divide the Total Monthly Salary Credits by 180 days to arrive at the Daily Maternity Allowance.
Daily Maternity Allowance: P 61,000 / 180 = P 338.89
5. Multiply the Daily Maternity Allowance by 60 for normal delivery or miscarriage or 78 days for cesarean delivery to get the total maternity benefit.
However, in case a member dies before the lapse of 60 or 78 days from the date of contingency, the number of days to be considered in the computation should be from the start of the employees maternity leave up to the day prior to the date of death.
NORMAL DELIVERY:
Total Maternity Benefit: P 338.89 x 60 = P 20,333.40
CESAREAN DELIVERY:
Total Maternity Benefit: P 338.89 x 78 = P 26,433.42
wat if volontary
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