what is ssp payment

what is ssp payment

1 year ago 60
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Statutory Sick Pay (SSP) is a payment made to employees in the United Kingdom who are off work due to sickness for longer than three consecutive workdays but less than 28 weeks. The payment is made by the employer and is £109.40 per week for the 2023/24 tax year. However, there are certain categories of employees who are not eligible for SSP, including those who are paid less than the national insurance lower earnings limit, new employees who have not done any work under a contract of employment, employees in receipt of Maternity Allowance or Statutory Maternity Pay (SMP), employees recently in receipt of Social Security Benefits (within the last 57 days), and prisoners.

In California, the State Supplementary Payment (SSP) is a state-funded financial assistance program that provides a small supplement to recipients of federal Supplemental Security Income (SSI) and some non-SSI recipients who are low-income persons with disabilities and older adults with limited resources to pay their living expenses. The current maximum SSP is $219 a month for an individual and $556 for a couple.

In New York, the SSP provides state-funded financial assistance to aged, blind, and disabled individuals and is part of the monthly benefit paid to most Supplemental Security Income (SSI) recipients. Eligibility for SSP is determined by the Social Security Administration (SSA) using federal criteria, and if an eligible individual qualifies for SSI, they qualify for SSP.

In summary, SSP payment refers to Statutory Sick Pay in the UK, while in the US, it refers to State Supplementary Payment, which is a state-funded financial assistance program that provides a small supplement to recipients of federal Supplemental Security Income (SSI) and some non-SSI recipients who are low-income persons with disabilities and older adults with limited resources to pay their living expenses.

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