So many of you have been asking how to compute for your SSS Maternity Benefit under the new Expanded Maternity Law. Yes, I’ve received your queries and I’m so sorry for not being able to respond quickly because, you know… kids.
But, ‘coz I love you guys, the objective of this post is to help you compute for your SSS Maternity Benefit. This way, you won’t have to wait for 3 months for me to respond to your questions. Hihihi!
Here’s a simple step-by-step guide:
1. You need to know your Monthly Salary Credit (MSC).
This is the equivalent salary credit based on the amount of contribution you paid during the month. Below is the table for Self-Employed, Voluntary, and Non-Working Spouse members. So, let’s say you paid a monthly contribution of P960 during November, then your MSC is P8,000. And if you pay P1,200 on December, then your MSC will be P10,000. And so on…
|Monthly Salary Credit||SS Contribution|
Note: This Contribution Schedule is only for Self-Employed, Voluntary, and Non-Working Spouse members. You may check the schedule for other membership types here.
2. Identify your Semester of Contingency.
I’ve talked about this before in How to Apply for SSS Maternity Benefit wherein we identified the 12-month period excluding the Semester of Contingency. And because I love you guys, I made a Cheat Sheet para hindi na sumakit ang ulo nyo.
Find your Due Date (month) from the table below and you’ll see the corresponding Semester of Contingency as well as the 12-month qualifying period. To qualify for SSS Maternity Benefit, you need to pay at least 3 monthly contributions during the 12-month qualifying period (3rd column).
Let’s say your due date is on July 2020. Then, to qualify for maternity benefit, you should pay at least 3 months contribution from April 2019 to March 2020.
3. Select the 6 highest MSC from the 12-month period
Add up the 6 highest MSC to get your Total MSC (Review: MSC means Monthly Salary Credit). If you only have 3, 4 or 5 monthly contributions during the 12-month period, then only add the MSC for those months.
Let’s have some sample computations para di tayo ma-stress, momsh.
Say the below table summarizes your contributions during the 12-month period. I’ve identified the 6 highest monthly contributions and highlighted them in RED. The corresponding MSC of these contributions are the ones you will add up to get the Total MSC.
4. Get the Average Daily Salary Credit
Divide the Total MSC by 180 days to get the Average Daily Salary Credit. The 180 days is a fixed denominator. So, even if you were only able to pay 3 monthly contributions, you will still divide your Total MSC by 180 days.
P85,000 ÷ 180 days = P472.22 Average Daily Salary Credit
5. Compute for the Total SSS Maternity Benefit
Multiply the Average Daily Salary Credit based on the following criteria:
- Normal Delivery – 105 days
- Ceasarean Delivery – 105 days
- Abortion and Miscarriage – 60 days
- Solo Parent (normal or ceasarean) – 120 days
So, P472.22 x 105 days = P49,583.33 Total Matenity Benefit
If the member is a solo parent, you just need to multiply the Average Daily Salary Credit by 120 days:
P472.22 x 120 days = P56,666.40 Total Maternity Benefit
Ganern lang kadali, momsh!
Well, what if you only paid 4 monthly contributions during the 12-month period? Your computation will look like this:
So, P55,000 ÷ 180 days = P305.56 Average Daily Salary Credit
Then, multiply that by 105 days for either normal or caesarean delivery and you will get P32,083.33 Total Maternity Benefit.
If the member is a solo parent, then, P305.56 x 120 days = P36,667.20 Total Maternity Benefit
O diba, ang dali lang pala?
I hope this post enlightens all the “windang” moms-to-be out there so that they may stop stressing about their SSS Maternity Benefit already… and just enjoy their pregnancy!
Lots of love,