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1.5
Invalidity cash benefits
Invalidity_pension:
same as old-age pension.
Lump sum grant: if not qualified for invalidity pension, the sum of the highest monthly earnings in the last 36 months.
12
Minimum grant: 500 pesos or total employer and employee contributions, whichever is larger.
1.6 Survivor benefits
36
Lump-sum survivor grant: sum of 12 highest monthly earrings during last months for 12 times average lifetime monthly earnings, whichever is higher.
Increment of 5/12ths of 1 per cent of giant for each per monthly contribution beyond 120.
Minimum grant:
500 whichever is larger.
E
pesos ΟΙ total employee and employer contributions,
Lump sum jual to years' pension, less pension drawn, payable to survivors of deceased pension.
Survivors' pension: each surviving, legitimate minor child (not to exceed five 10 number starting from youngest) Who is unmarried and not gainfully employed receives a monthly pension equal to 20 per cent of old-age pension which the deceased meaper would have been entitled to nad he lived to retire.
Funeral rant: 750 pesos to help defray burial expenses.
1.7
Administrative organisation
Social security system
-
yoverning
general direction of programme vested board with tripartite membership and direct administration vested in the Administrator who is the chief executive officer of the governing board.
2.
Sickness and maternity
2.1 Coverage
Maternity: employed women.
Sickness: wage and salary workers.
Medicare: wage and salary workers and their dependants.
Exclusion: agricultural workers working less than 6 months a year, domestic servants, casual employees, unpaid family workers, self-employed workers and student nurses.
2.2 Source of funds
Maternity:
Insured person:
none.
Employer: whole cost.
Government: none.
Sickness: source of funds same as in old age, invalidity and death.
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