How To Calculate Maternity Allowance In

Table of contents:

How To Calculate Maternity Allowance In
How To Calculate Maternity Allowance In

Video: How To Calculate Maternity Allowance In

Video: How To Calculate Maternity Allowance In
Video: Paano Mag-compute ng SSS Maternity Benefit 2020 🇵🇭|Estimated Maternity Allowance|How to compute? 2024, April
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In 2011, there are two procedures for calculating maternity benefits. The "old" settlement procedure will be valid only until the end of 2012. In the meantime, the expectant mother can choose any of two ways.

How to calculate maternity allowance
How to calculate maternity allowance

It is necessary

calculator, earnings information

Instructions

Step 1

First you need to find out the estimated date of birth. It will be told to you in consultation when registering. This date is 38 weeks from the date of conception. For our example, let's take the estimated date of birth on September 1.

Step 2

Count 70 days to delivery. You will receive the day of the start of maternity leave, or maternity leave. In our example, this is June 23rd. But with multiple pregnancies, you need to take into account that the vacation in this case begins 84 days before the expected date of birth.

Step 3

Calculate the average wage. In 2011 and 2012, there are two options for calculating the average salary: for the last 12 calendar months and for the last 24 calendar months.

When calculating the average earnings for the last 12 months (the "old" calculation procedure), it is necessary to take into account that the following periods must be excluded: a period of temporary disability, a period of downtime due to the fault of the employer or for reasons beyond the control of the employee and the employer, the period of vacation at his own expense, and other periods specified in regulatory enactments. The average earnings in this calculation procedure is calculated by dividing the total earnings by the number of calendar days for which earnings were accrued. If in the last year the total length of service is less than 6 months, the allowance is paid from the minimum wage.

When calculating the average earnings for the last 24 months ("new" calculation procedure), there are no excluded periods. Average earnings are calculated by dividing the total earnings for 2 years by 703. But the total earnings still do not include payments that are not subject to contributions to the Social Insurance Fund.

Step 4

Multiply the average wage by the number of days of maternity leave. In the case of regular childbirth, the leave is 140 days (70 days before childbirth and 70 days after childbirth), with complicated childbirth - 156 days (70 days before childbirth and 86 days after), in the case of multiple pregnancies - 194 days (84 days before childbirth and 110 days after).

The allowance is paid in the amount of 100% without collecting personal income tax. But it should be borne in mind that when calculating the allowance according to the "old" method, its value is limited to the amount of 415,000 rubles.

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