{"id":22797,"date":"2020-08-03T07:30:46","date_gmt":"2020-08-03T07:30:46","guid":{"rendered":"https:\/\/forms24.co.za\/data\/?page_id=46"},"modified":"2020-08-03T07:30:46","modified_gmt":"2020-08-03T07:30:46","slug":"what-will-happen-if-i-stop-paying-my-sss-contribution","status":"publish","type":"page","link":"https:\/\/forms24.co.za\/data\/what-will-happen-if-i-stop-paying-my-sss-contribution\/","title":{"rendered":"What will happen if I stop paying my SSS contribution?"},"content":{"rendered":"\n<p>It depends on how long you contributed before stopping.<\/p><div class=\"forms-atf\" style=\"margin-top: 15px;margin-bottom: 20px;\" id=\"forms-746305633\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9198760278752355\"\n     crossorigin=\"anonymous\"><\/script>\n<!-- Responsive ads atf -->\n<ins class=\"adsbygoogle\"\n     style=\"display:block\"\n     data-ad-client=\"ca-pub-9198760278752355\"\n     data-ad-slot=\"8381596201\"\n     data-ad-format=\"auto\"\n     data-full-width-responsive=\"true\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/div>\n\n\n<p>If you met the 120 monthly minimum contribution requirement then you can wait for your retirement age to receive month benefits. <\/p>\n\n\n<h3 class=\"wp-block-heading\">Why pay your contribution regularly?<\/h3>\n\n\n<p>Especially if you\u2019re on a limited budget, your monthly SSS contribution seems like an added expense. However, you\u2019ll realize its value when you\u2019re sick, injured, laid off, short of cash, or retiring.<\/p>\n\n\n<p><strong>Paying SSS contributions forces you to save for the future.<\/strong>&nbsp;While you\u2019re still earning income, it\u2019s good to build your financial safety net for retirement by paying SSS contribution consistently.<\/p>\n\n\n<p>Also, the&nbsp;<strong>SSS uses the total number and total amount of paid contributions as the basis for granting and computing a member\u2019s benefit.<\/strong><\/p>\n\n\n<p>To qualify for an SSS benefit or loan, members must meet these requirements:<\/p><div class=\"forms-content\" id=\"forms-1612608291\"><div style=\"width: 300px; padding: 20px; margin: 0 auto; border: 1px solid #ddd; border-radius: 8px; background-color: #f9f9f9; text-align: center; font-family: Arial, sans-serif;\">\r\n    <p style=\"font-size: 16px; margin: 0 0 10px;\">Need Information or Confused about Something ? <\/p>\r\n    <a href=\"https:\/\/onlineapplications.co.za\/ask\/\" style=\"display: inline-block; padding: 10px 20px; background-color: #007BFF; color: #fff; text-decoration: none; border-radius: 4px; transition: background-color 0.3s;\">Ask a Question<\/a>\r\n<\/div>\r\n<\/div><div class=\"forms-btf\" style=\"margin-top: 15px;margin-bottom: 20px;\" id=\"forms-1724572052\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9198760278752355\"\n     crossorigin=\"anonymous\"><\/script>\n<!-- Responsive ads btf -->\n<ins class=\"adsbygoogle\"\n     style=\"display:block\"\n     data-ad-client=\"ca-pub-9198760278752355\"\n     data-ad-slot=\"5513273173\"\n     data-ad-format=\"auto\"\n     data-full-width-responsive=\"true\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/div>\n\n\n<ul class=\"wp-block-list\"><li><strong>Salary loan\u00a0\u2013 At least six posted monthly contributions for the last 12 months with at least 36 total posted monthly contributions.<\/strong><\/li><li><strong>Sickness\/Maternity benefit<\/strong>\u00a0\u2013 At least three posted monthly contributions within 12 months before the semester of sickness, injury, childbirth, or miscarriage.<\/li><li><strong>Disability benefit<\/strong>\u00a0\u2013 At least one-month posted contribution before the semester of disability.<\/li><li><strong>Retirement benefit<\/strong>\u00a0\u2013 At least 120 posted monthly contributions before the semester of retirement to receive a monthly pension.<\/li><li><strong>Death benefit<\/strong>\u00a0\u2013 At least 36 posted monthly contributions before the semester of member\u2019s death, for the beneficiaries to receive a monthly pension.<\/li><li><strong>Unemployment benefit<\/strong>\u00a0\u2013 At least 36 posted monthly contributions, 12 months of which should be within the 18-month period before the month the member loses his\/her job.<\/li><\/ul>\n<div class=\"forms-cpc\" id=\"forms-2648993119\"><hr>\n<h1>Did You Know : Top 15 Free Online Learning Platforms<\/h1>\n\n<ol>\n  <li>\n    <strong>Free Online Education Degrees : Coursera:<\/strong>\n    <p>Coursera partners with universities and organizations worldwide to offer a wide range of courses. 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While some courses are free, others may require payment for a certificate.<\/p>\n  <\/li>\n\n  <li>\n    <strong>Free Online Education Degrees: Stanford Online:<\/strong>\n    <p>Stanford Online offers a variety of free courses in different disciplines, including computer science, engineering, and business.<\/p>\n  <\/li>\n\n  <li>\n    <strong>Best Free Online Courses : Carnegie Mellon Open Learning Initiative (OLI):<\/strong>\n    <p>OLI offers free online courses and resources designed to improve learning outcomes through research-based methodologies.<\/p>\n  <\/li>\n\n  <li>\n    <strong>Best Free Online Courses : FutureLearn:<\/strong>\n    <p>FutureLearn partners with universities and institutions to offer a diverse range of free online courses. Certificates are available for a fee.<\/p>\n  <\/li>\n\n  <li>\n    <strong>Best Free Online Courses: Alison:<\/strong>\n    <p>Alison offers a wide range of free online courses, including diploma and certificate programs, covering various subjects.<\/p>\n  <\/li>\n\n  <li>\n    <strong>Best Free Online Courses: Open Yale Courses:<\/strong>\n    <p>Yale University provides free access to a selection of introductory courses through Open Yale Courses.<\/p>\n  <\/li>\n\n  <li>\n    <strong>Best Free Online Courses : UC Berkeley Online:<\/strong>\n    <p>UC Berkeley offers free online courses on a variety of subjects, ranging from computer science to humanities.<\/p>\n  <\/li>\n\n  <li>\n    <strong>Best Free Online Courses  : Google Digital Garage:<\/strong>\n    <p>Google Digital Garage provides free courses on digital skills, including online marketing, data analysis, and more.<\/p>\n  <\/li>\n\n  <li>\n    <strong>Best Free Online Courses : Codecademy:<\/strong>\n    <p>Codecademy offers free coding courses, interactive exercises, and coding projects to help individuals learn programming languages.<\/p>\n  <\/li>\n\n  <li>\n    <strong>Best Free Online Courses : LinkedIn Learning (formerly Lynda.com):<\/strong>\n    <p>LinkedIn Learning provides a variety of video courses on professional development, technology, and creative skills. It offers a free trial period.<\/p>\n  <\/li>\n<\/ol><\/div>","protected":false},"excerpt":{"rendered":"<p>It depends on how long you contributed before stopping. If you met the 120 monthly minimum contribution requirement then you can wait for your retirement age to receive month benefits. Why pay your contribution regularly? Especially if you\u2019re on a limited budget, your monthly SSS contribution seems like an added expense. However, you\u2019ll realize its &#8230; <a title=\"What will happen if I stop paying my SSS contribution?\" class=\"read-more\" href=\"https:\/\/forms24.co.za\/data\/what-will-happen-if-i-stop-paying-my-sss-contribution\/\" aria-label=\"Read more about What will happen if I stop paying my SSS contribution?\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-22797","page","type-page","status-publish"],"_links":{"self":[{"href":"https:\/\/forms24.co.za\/data\/wp-json\/wp\/v2\/pages\/22797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forms24.co.za\/data\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/forms24.co.za\/data\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/forms24.co.za\/data\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forms24.co.za\/data\/wp-json\/wp\/v2\/comments?post=22797"}],"version-history":[{"count":0,"href":"https:\/\/forms24.co.za\/data\/wp-json\/wp\/v2\/pages\/22797\/revisions"}],"wp:attachment":[{"href":"https:\/\/forms24.co.za\/data\/wp-json\/wp\/v2\/media?parent=22797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}