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How much may he receive monthly

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Question - Ali is a SSS Member. He is 58 years old. Last September 16, 2021, he was separated from his work because of the economic downturn that compelled his employer to downsize its operations. From his SSS records, it can be seen that his employer has religiously remitted the SSS contributions from January 2017 to August 2021. His latest average monthly salary credit (AMSC) is P20,000. What new benefit from the SSS can he avail of? Is he qualified for such benefit? How much may he receive monthly and for how long may he avail of such benefit, if any?

Reference no: EM133089564

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