The Government Service Insurance System (GSIS) has in its plan implementing an annual P100 million educational subsidy program to children or dependents that are part of the low-income bracket. This program, according to Rolando Macasaet, General Manager and President of the GSIS, would be to support President Rodrigo Duterte’s Social Development Policy. Moreover, this program […]
Around 2 Million Jobs to be Offered by Cebu City
In his 100th day report, Cebu City Mayor Edgardo Labella reports that part of his highlights would be the opening of around 2 million jobs. This would be from the SM-Ayala Consortium. Back in 2015, Cebu City Mayor Michael Rama entered to a contract with both the Filinvest Land Inc. (FLI) and the SM-Ayala Consortium. […]
Makati Lawmaker Files a Bill That Would Grant a 5-Day Leave For Mental Health Wellness For All Employees
Makati City Representative Romulo “Kid” Peña Jr., a postulant lawmaker filed House Bill (HB) No. 4620 or the Mental Health Leave and Awareness Act. This specific bill, should it be signed into law, would provide a total of five (5) days of leave for employees in both the public and the private sectors. You read that correctly, a […]
Tax-Free Maternity Benefits Can Now Be Enjoyed by Expectant Mothers
After plenty of modifications in the maternity benefits here in the Philippines, Senator Risa Hontiveros announced that the maternity benefits under the Expanded Maternity Leave (EML) law is now tax-free. This basically means that working women who are expectant mothers can enjoy tax-free maternity benefits in the future. The Bureau of Internal Revenue (BIR) announced […]
Labor Groups Pushing For Pag-IBIG Fund Contribution Hike
The Pag-IBIG Home Development Mutual Fund (HDMF) is the country’s housing and shelter financing program in the Philippines. If you are an employee, then you are well-versed with what Pag-IBIG is. Labor groups and a majority of workers are actually appealing to have a Pag-IBIG Fund contribution hike, with, of course, agreements. Read: PhilHealth Premium […]
P20 Coin to be Released in 2020, P5 Coin to be Enhanced
Can you imagine a P20 bill turned into a P20 coin? Wouldn’t that be a big of a change? Especially considering the fact that the P20 bill is the most used type of bill or denomination for payments; couldn’t that spark a change? Well if you think it’s weird – we do too! However, the […]
PhilHealth Premium Rates to Increase Beginning of Next Year
After the official publication of the Universal Health Care Act, the implementing rules and regulations (IRRs) were signed by the Department of Health (DOH) Secretary Francisco Duque III. Among its, IRRs would be the increase of PhilHealth premium rates starting next year. To give you a brief refresher, the Universal Health Care act is the […]
