Benefits
Which benefit gives a 5% tax credit on eligible contributions plus tax-exempt investment income?
A. PERA
B. Pag-IBIG MP2
C. SSS Unemployment Benefit
D. PhilHealth YAKAP
A
-PERA (Personal Equity and Retirement Account) offers a 5% tax credit on eligible contributions, tax-exempt investment income, and qualified tax-free retirement distributions.
What does SSS stand for?
A. Social Security System
B. State Salary Service
C. Social Support Scheme
D. Standard Security Savings
A
SSS stands for Social Security System, which serves private-sector employees, kasambahays, OFWs, and other covered workers.
Who is eligible to open a PERA account?
A. Only government employees
B. Adults with a Tax Identification Number (TIN)
C. Only OFWs
D. Only existing SSS members
B
PERA is open to adults with a TIN, opened through an accredited PERA administrator.
What's the first step to availing PhilHealth YAKAP if you don't already have one?
A. File a claim directly with a hospital
B. Secure a PhilHealth Identification Number (PIN)
C. Apply through DOLE
D. Wait for automatic enrollment
B
The first step is securing a PhilHealth Identification Number if you don't yet have one, then registering with a chosen YAKAP Clinic.
PERA should be understood primarily as:
A. A guaranteed-return deposit
B. An investment, not a guaranteed-return deposit
C. A government pension paid monthly
D. A form of health insurance
B
PERA is an investment, not a guaranteed-return deposit — qualified retirement generally follows the '55-and-5' rule, and early withdrawal may trigger penalties.
Which program provides free check-ups, screening tests, and selected medicines before a condition becomes hospitalization?
A. PhilHealth Z Benefits
B. PhilHealth YAKAP
C. Employees' Compensation Program
D. PWD ID Benefits
B
PhilHealth YAKAP focuses on primary care — free check-ups, screening tests, and selected medicines — through accredited YAKAP providers, before illness escalates to hospitalization.
What does ECC stand for?
A. Employees' Compensation Commission
B. Employer Contribution Center
C. Emergency Cash Coverage
D. Employment Certification Council
A
ECC stands for Employees' Compensation Commission, the agency behind the Employees' Compensation Program covering work-related sickness, injury, or death.
For the Employees' Compensation Program, who pays the EC contribution?
A. The employee
B. The employer does not pay; it's split evenly
C. The employee does not pay — it's covered separately
D. Only self-employed workers pay it
C
The employee does not pay the EC contribution — this is a key thing to remember, separate from regular SSS or GSIS contributions.
To file for the SSS Unemployment Benefit, what must you obtain from DOLE?
A. A certificate of good standing
B. Electronic certification of involuntary separation
C. A referral letter to SSS
D. An unemployment tax form
B
Applicants need DOLE's electronic certification of involuntary separation, along with the termination notice and a valid ID, alongside filing through My.SSS.
What should Pag-IBIG MP2 members know about dividend rates?
A. They are fixed for 5 years at signup
B. They are declared by Pag-IBIG and not fixed in advance
C. They are guaranteed at 10% annually
D. They never change once declared
B
Dividend rates are declared by Pag-IBIG and are not fixed in advance, so members should confirm current rules before enrolling.
Which benefit provides short-term cash support to covered employees who are involuntarily separated from work?
A. SSS Unemployment Benefit
B. Employees' Compensation Program
C. SSS–GSIS Portability
D. Pag-IBIG MP2
A
The SSS Unemployment Benefit, run with DOLE, gives short-term cash support to covered employees — including qualifying kasambahays and OFWs — who lose their jobs involuntarily.
What does TESDA stand for?
A. Technical Employment and Standards Development Association
B. Training and Employment Skills Development Agency
C. Technical Education and Skills Development Authority
D. Trade and Educational Skills Development Authority
C
TESDA is the Technical Education and Skills Development Authority, responsible for registered training, scholarships, competency assessment, and National Certification.
Solo Parent eligibility is based mainly on:
A. Marital status alone
B. The legal definition of solo parent and LGU validation
C. Income level only
D. Number of children only
B
Eligibility is based on the legal definition of a solo parent and LGU validation — not simply on marital status.
Where should you search to find a registered TESDA course, scholarship, or assessment center?
A. Any social media page claiming to offer TESDA courses
B. The TESDA website or Skills Passport
C. Only through a private recruitment agency
D. The DSWD portal
B
You should search the official TESDA website or Skills Passport to confirm a course, scholarship, or assessment center is properly registered.
Why is it important to confirm the exact PhilHealth Z Benefits package before treatment?
A. Because coverage, amounts, and criteria differ by condition and facility
B. Because all Z packages are identical nationwide
C. Because only PERA holders can access Z Benefits
D. Because Z Benefits require no pre-authorization
A
Coverage, package amounts, clinical criteria, and participating facilities differ by condition, so confirming the exact package before treatment matters.
Under RA 7699, what does SSS–GSIS Portability actually allow?
A. Merging SSS and GSIS into a single account
B. Totalizing creditable service/contributions across both systems for eligibility and benefit computation
C. Transferring GSIS contributions permanently into SSS
D. Doubling benefit payouts for members of both systems
B
Portability does not merge the two systems into one account — it allows creditable service or contributions to be totalized for eligibility and benefit computation under RA 7699.
What does GSIS stand for?
A. General Social Insurance Scheme
B. Government Service Insurance System
C. Government Salary and Investment Service
D. Government Savings and Insurance Society
B
GSIS is the Government Service Insurance System, which covers public-sector workers and is one half of the SSS–GSIS Portability arrangement.
Who can qualify for a PWD ID?
A. Only people with apparent, visible disabilities
B. Any senior citizen, regardless of disability
C. Persons with documented disabilities meeting legal and medical criteria, whether apparent or non-apparent
D. Only those already receiving SSS disability benefits
C
Both apparent and non-apparent disabilities may qualify, as long as they meet the legal and medical criteria and are documented.
Before applying for a Pag-IBIG Home Improvement Loan, what should you do first?
A. Begin the renovation work immediately
B. Review the official loan page and run an affordability check
C. Apply for a separate SSS loan first
D. Skip straight to hiring a contractor
B
The recommended first step is reviewing the official Home Improvement Loan page and running an affordability check before preparing documents or filing.
Why should ECC claimants document the incident and medical findings early?
A. Because work connection and compensability must be established
B. Because ECC claims expire within 24 hours
C. Because only verbal reports are accepted
D. Because documentation is optional but recommended for faster payment only
A
Work connection and compensability must be established for an EC claim, so documenting the incident and medical findings early matters.
Which benefit is specifically designed to help finance repairs or upgrades to an existing home?
A. Pag-IBIG Home Improvement Loan
B. Pag-IBIG MP2
C. PERA
D. Expanded Solo Parent Benefits
A
The Pag-IBIG Home Improvement Loan is a housing-loan route specifically for eligible home improvement projects, subject to Pag-IBIG's borrower, property, and appraisal requirements.
What does PhilHealth stand for?
A. Philippine Health Services Commission
B. Philippine Healthcare Institution
C. Philippine Health and Hospital Corporation
D. Philippine Health Insurance Corporation
D
PhilHealth is the Philippine Health Insurance Corporation, the agency behind both the YAKAP and Z Benefits packages.
Who is covered by the SSS Unemployment Benefit besides regular private-sector employees?
A. Only government employees
B. Qualifying kasambahays and OFWs
C. Only members with 20+ years of contributions
D. Only employees terminated for just cause
B
Coverage extends to qualifying kasambahays and OFWs, provided they meet contribution and other conditions — but separation must be involuntary, not for just cause.
For Employees' Compensation claims in the private sector, how are sickness claims typically filed?
A. The employer files online with SSS
B. The employee files directly with GSIS
C. Claims are automatically processed with no filing needed
D. Only a licensed physician can file the claim
A
For private-sector sickness claims, the employer files online with SSS; other claims may be filed at an SSS branch, while public-sector claims go through GSIS.
What is a common misconception about SSS–GSIS Portability?
A. That it merges SSS and GSIS into one account
B. That it requires no documentation at all
C. That it only applies to retirees
D. That it doubles your pension automatically
A
A common misconception is that portability merges SSS and GSIS into one account — it doesn’t. It only allows totalization of creditable service under statutory rules.