What are the benefits and loan privileges of an OFW member?
OFWs are entitled to various benefits and loan privileges, provided qualifying conditions for entitlement are met. To ensure higher benefits and privileges you can continue to pay your monthly contributions until you reach the age of 60 or 65 years old.
BENEFITS:
* Sickness
* Maternity
* Retirement
* Disability (Partial/Total)
* Death
* Funeral
LOANS: Salary, Housing, House Repair/Improvement
Information about the Flexi-Fund Program of SSS
What is the SSS Flexi-Fund?
The SSS Flexi-fund is a voluntary provident fund for Overseas Filipino Workers (OFWs). It is an additional service of the SSS on top of its regular OFW membership. The program gives OFWs the opportunity to set aside part of their Flexi-fund contributions, thus providing good security for their future.
What are the benefits under the Flexi-fund program?
The Flexi-fund Program is a pension plan and savings account rolled into one. Primarily, it aims to supplement the pension benefits under the regular OFW coverage. Members who reach retirement or become disabled will receive their benefits, equal to their total Flexi-fund contributions plus earnings, either in the form of monthly pension, lump-sum payment or combination of both.