SEC. 3. Section 13 of the same Act is further amended
and Section 13-A is added to read as follows:
"SEC. 13. Death Benefits. — Effective January 1,
1974, upon the covered employee's death, the following benefits shall be
paid by the SSS:
"(A) To his beneficiaries or legal heirs, the basic lump sum
amount, plus five-twelfths of one percent of the basic lump sum amount
for each monthly contribution in excess of one hundred twenty and paid
as of the last day of the second quarter preceding the quarter of death;
"(B) To each of his minor unmarried legitimate children, but not
exceeding five, a monthly pension equivalent to twenty percent of the
pension amount computed in accordance with the schedule in Section 12(A)
and under such rules and regulations as the SSS may prescribe, until
the child reaches the age of twenty-one, gets married or becomes
gainfully employed: Provided, That any of the following
conditions is satisfied at the time of death:
"1. He shall have paid eighteen monthly contributions within
the thirty-six calendar month period ending on the last day of the
second quarter preceding the quarter of death.
"2. His payment ratio is not less than eighty percent: Provided,
further, That if none of the foregoing conditions are satisfied,
the SSS will pay his beneficiaries or legal heirs the benefit described
in Paragraph (A) of this Section multiplied by one and one-fourth and
further multiplied by his payment ratio: Provided, however,
That the death benefit shall not be less than the total contributions
paid by him and his employer in his behalf to the SSS nor less than five
hundred pesos: Provided, finally, That the covered employee
who dies in the month of coverage shall be entitled to the minimum
benefit.
"(C) A funeral grant of seven hundred fifty pesos to help defray
the cost of funeral expenses.
"SEC. 13-A. Permanent disability benefits.
— Upon the covered employee's permanent total disability, if such
disability occurs before he has paid thirty-six monthly contributions to
the SSS, he shall be entitled to the basic lump sum amount: Provided,
That any of the following conditions is satisfied at the time of
permanent total disability:
"1. He shall have paid eighteen monthly contributions within
the thirty-six calendar month period ending on the last day of the
second quarter preceding the quarter of permanent total disability;
"2. His payment ratio is not less than eighty percent: Provided,
That if none of the foregoing conditions are satisfied, his permanent
total disability benefit shall be the basic lump sum amount multiplied
by one and one-fourth and further multiplied by his payment ratio: Provided,
finally, That the permanent total disability benefit shall not be
less than the total contributions paid by him and his employer in his
behalf to the SSS nor less than five hundred pesos: Provided,
however, That a covered employee who becomes permanently totally
disabled in the month of coverage shall be entitled to the minimum
benefit.
"(B) If the disability is partial but permanent, the amount of
benefit shall be such percentage of the sum of the benefit described in
the preceding paragraph and five-twelfths of one percent of the basic
lump sum amount for each monthly contribution in excess of one hundred
twenty, with due regard to the degree of disability as the Commission
may determine: Provided, That the percentage degree of
disability shall not be additive for distinct, separate and unrelated
permanent partial disabilities, but shall be additive for deteriorating
and related permanent partial disabilities to a maximum of one hundred
percent, in which case the employee shall be deemed as permanently
totally disabled."
