SSS
Benefits
In this section, you configure the system to
calculate Social Security System (SSS) benefits. The SSS benefits
include:
This is a daily cash
allowance paid to employees for the number of days they are unable to work due
to illness or injury. The sickness benefit usually comes into effect when an
employee has exhausted all the sick leave days provided by the
employer.
This is a 60-day
allowance (for normal delivery) or 78-day allowance (for Caesarean delivery)
paid to female employees who go on maternity leave.
To set up the calculation of SSS benefits, you
define the SSS benefits wage types and the SSS benefits salary
brackets.
Recommendation
The system calculates SSS benefit payments
during payroll whenever an SSS sickness or maternity absence has been booked.
Hence after configuring this section, you must:
1. Configure
the SSS sickness and maternity absence types in the
Absences section of the Implementation Guide (IMG) for Personnel
Time Management.
2. Valuate
these absences in the
Absences section of the IMG for Payroll Philippines. The SSS
benefits wage types defined in this section should be used to valuate these
absences.
The standard system contains model entries for
the SSS absence types and their subsequent valuation in payroll. You can copy
these entries to create your own.