![\"Unemployment](\"https:\/\/dailymedia.investagrams.com\/investadaily\/2023\/06\/1-649270ec11c97-1024x576.jpg\")
<\/figure>\n\n\n\nThe SSS grants unemployment benefits to members who are involuntarily unemployed. <\/strong>This could be due to company downsizing, closure of operations, or cost-cutting measures being taken. Of course, this would mean that employees who lost their jobs due to misbehavior or negligence aren\u2019t qualified. According to the SSS, these prohibit individuals from receiving the unemployment benefits:<\/p>\n\n\n\n Generally, the individual should also not be older than 60, along with other age-related restrictions<\/a>. The applicant should also meet the following criteria:<\/p>\n\n\n\n The process is fairly simple and can be done through the SSS\u2019 members portal<\/a>. Those looking to apply for unemployment benefits will need to present an original and photocopy of one of the following:<\/p>\n\n\n\n If none of the above are available, two different IDs can be used instead. However, both of them should have the person\u2019s signature and at least one of the two includes a photo. <\/p>\n\n\n\n In addition, a DOLE certification is also required. For OFWs, a certification should be acquired instead from the Philippine Overseas Labor Office (POLO). <\/p>\n\n\n\n An qualified unemployed individual can receive 2 payments, each worth 50% of their average monthly salary credited (ASMC). For example, a person who earned PHP20,000 for 10 months and PHP30,000 for the following 10 months will have an ASMC of PHP25,000. He or she is entitled to 2 payments worth PHP12,500 each.<\/p>\n\n\n\n The money will be credited to the individual\u2019s SSS UMID card, or to a UBP Quick Card Account. <\/p>\n\n\n\n Something that needs to be remembered when applying for unemployment benefits is that the documents provided should all have coherent information. The SSS has rejected thousands of applications over the recent years largely due to discrepancies. <\/p>\n\n\n\n You also don\u2019t have to worry about paying back the cash received since this is a benefit, not a loan. Again, the goal of unemployment benefits is to help individuals get back on their feet<\/a> after losing their jobs.<\/p>\n\n\n\n Start your crypto trading journey through Coins.ph!<\/p>\n\n\n\n Enjoy a 20% rebate on your trades when you sign up with this link: https:\/\/invs.st\/CoinsphCryptoJourney<\/a><\/p>\n\n\n\nApplying for Unemployment Benefits<\/h2>\n\n\n\n
![\"Application](\"https:\/\/dailymedia.investagrams.com\/investadaily\/2023\/06\/2-649270f279b2b-1024x576.jpg\")
<\/figure>\n\n\n\nThe Amount of Unemployment Benefits<\/h2>\n\n\n\n
![\"Amount](\"https:\/\/dailymedia.investagrams.com\/investadaily\/2023\/06\/3-649270f8088d9-1024x576.jpg\")
<\/figure>\n\n\n\nLast Notes<\/h2>\n\n\n\n
\n\n\n\n![\"\"](\"https:\/\/dailymedia.investagrams.com\/investadaily\/2023\/06\/Investagrams_Intrusive-Banner_1.png\")
<\/a><\/figure>\n