How To Calculate The Salary Disparity For The Social Security Maternity Benefit?

The Philippine Social Security System (SSS) has introduced an expanded maternity leave law that requires employers to pay the salary differential between full pay and the SSS maternity benefit. This can be calculated using the formula: SSS maternity benefit = ((monthly salary credit x 6)/180) x 105 days. Employed female members are entitled to a daily maternity benefit equivalent to 100% of their average daily salary credit.

The total SSS maternity leave benefit is PHP70,000 = ((PHP20,000 x 6)/180) x 105. To calculate the amount of SSS maternity leave benefit, one must first identify the six highest Monthly Salary Credits (MSC) within the 12 month period preceding the semester of contingency. The salary differential should be included as part of the basic salary for purposes of computing the 13th month pay of the rank-and-file employee.

The maternity benefit is equivalent to 100% of the member’s average daily salary credit multiplied by 60 days for normal delivery or miscarriage. The total amount of premium contributions and the SSS maternity benefit from the total amount of full pay is then deducted.

However, it is important to note that the SSS maternity benefit and salary differential cannot be considered basic salary to calculate the 13th month pay. Employers from the private sector must pay for the difference between the full salary and the actual cash benefits received.

How much maternity pay will I get?

Statutory Maternity Pay (SMP) is a paid leave program for pregnant women, covering a maximum of 39 weeks. The first six weeks are paid at 90% of the woman’s average gross weekly earnings, with no upper limit. The employer calculates the woman’s earnings over a set period to determine if she qualifies for SMP and determines the amount to be paid. The remaining 33 weeks are paid at either the standard rate of £184. 03 or 90% of the woman’s average gross weekly earnings. The program is designed to help mothers and fathers balance their responsibilities and financial stability.

How is salary differential calculated in SSS?

The salary differential is calculated by deducting the total premium contributions and SSS maternity benefit from the total full pay. Employee A’s monthly salary is Php 18, 143. 00, and her total premium contributions are Php 2, 840. 50. Her full pay is Php 63, 500. 50, and her SSS maternity benefit is Php 63, 000. 00. When the differential is negative, the company bears both the employee’s and employer’s share of the premium contribution. DA no. 1 of 2019 specifies establishments exempt from paying the salary differential.

How to compute SSS pension for OFW?

The monthly salary credit for each CYS exceeding 10 years can be calculated in one of the following ways: P300 plus 20 of the average monthly salary credit, 40 of the average monthly salary credit, P1, 200 for at least 10 CYS, or P2, 400 for at least 20 CYS.

How to increase maternity allowance?

HMRC will contact you after applying for Maternity Allowance if you have paid less than 13 weeks of Class 2 National Insurance. They will determine the number of additional contributions needed to receive the full amount. Employed or recently stopped working individuals can receive £184. 03 a week or 90 of their average weekly earnings for up to 39 weeks. If you take the full 52 weeks Statutory Maternity Leave, your final 13 weeks will be unpaid.

How to compute salary differential?

The salary differential is calculated by deducting the total premium contributions and SSS maternity benefit from the total full pay. Employee A’s monthly salary is Php 18, 143. 00, and her total premium contributions are Php 2, 840. 50. Her full pay is Php 63, 500. 50, and her SSS maternity benefit is Php 63, 000. 00. When the differential is negative, the company bears both the employee’s and employer’s share of the premium contribution. DA no. 1 of 2019 specifies establishments exempt from paying the salary differential.

How many months should I pay to avail maternity benefits?

In order to be eligible for the SSS maternity benefit, members are required to have made at least three months of contributions within the 12-month period preceding the date of childbirth or miscarriage. It is the responsibility of employed members to inform their employer of their pregnancy. In contrast, self-employed, voluntary members, and overseas Filipino workers are required to directly notify the SSS. The following documentation is required for the application:

How many times can I claim a SSS maternity benefit?

The new maternity leave law allows for unlimited covered pregnancies, regardless of pregnancy frequency. SSS members receive maternity benefits each time they give birth or experience a miscarriage/stillbirth. This change was previously limited to the first four child deliveries or miscarriages. During maternity breaks, bonding with newborns is encouraged with lullabies. SSS members who gave birth can extend their maternity leave for 30 additional days without pay, provided they notify their employer at least 45 days before the end of their leave.

What is the maternity benefit amount?

On maternity leave, you may qualify for 26 weeks of Maternity Benefit, with a standard rate of €274 per week. If you qualify, you will receive €7, 124 in total. Revenue will reduce your tax credits and weekly standard rate cut-off point to account for the tax payable on your Maternity Benefit. The tax due on the weekly Maternity Benefit (€274 x 20 = €54. 80) will be deducted from your weekly tax credits. If your employer does not top up your Maternity Benefit, a refund of tax may arise when you return to work.

How to avail 70k SSS maternity benefits?

The Social Security System (SSS) in the Philippines offers maternity benefits to female members who have paid at least three monthly contributions before their pregnancy. Starting in 2024, female members can avail a maximum of Php 80, 000 in maternity benefits. To apply, expectant mothers must provide a maternity notification, two valid SSS IDs, a certification from their employer, or a copy of the Form 2316. Additionally, they must have a valid marriage contract or any valid ID if married. The process can be challenging without proper guidance.

How is SSS maternity computation calculated?

The maximum SSS maternity benefit (MSC) in the Philippines is determined by calculating 100 of the average daily salary credit multiplied by 105 days. To calculate this, subtract the past six months of the Semester of Contingency from the date of birth, count 12 months before the semester, find the highest MSC within this period, add the six highest MSCs, divide this by 180 days to get the average monthly salary credit, and multiply by 105 to get the SS Benefits. This formula helps determine the maximum SSS maternity benefit in the Philippines.

When should I notify SSS of pregnancy?

To submit a maternity notification 60 days before delivery, log in to your My. SSS account and fill in details like expected delivery date and maternity leave credits. Click “Submit” and return to the “Benefits” tab. View the transaction number and expected delivery date in the “Sickness/Maternity Claim Info” tab. You can also notify SSS through the SSS mobile app by tapping the blue floating button with a “+” sign. SSS requires a disbursement account from a bank or e-wallet, so enroll your GCash account.