The Social Security System said (SSS) its membership tally has breached the 40 million mark as of April 2021, allowing it to expand social security protection services to more individuals, particularly in times of contingencies.
The pension fund said in a statement yesterday that about 76 percent or 30.77 million are employed members, while 5.03 million are voluntary paying, 3.35 million are self-employed, and 1.34 million are overseas Filipino workers.
“Our rapidly increasing membership base signifies that SSS is a basic necessity for working Filipinos. They have realized that social security protection is an investment and insurance, rather than a financial burden,” Aurora Ignacio, SSS president and chief executive officer, said.
“Once covered by SSS, members can avail of benefits and loan privileges, thereby being provided with adequate safety nets. This benefit even extends to their legal beneficiaries who can receive the SSS benefits of a deceased member,” she added.
The pension fund said that to become a member, an applicant must obtain a Social Security (SS) Number through the My.SSS Portal on the website www.sss.gov.ph or through the SSS Mobile App.
For an SS number to be permanent and to avail of various SSS benefits and privileges, new members are required to upload supporting documents like the PSA-certified birth certificate, marriage contract or baptismal certificate in the online SS number application in the SSS Website.