The Social Security System (SSS) has been one of the pillars of loans and benefits of our country. As a matter of fact, it is the government body responsible for providing a variety of benefits and privileges to members. Just recently, SSS made the announcement that they will be expanding the pension loan for those […]
SSS
Duterte’s Signing of a Law Which Will Grant P50,000 Bonuses to SSS Members is FALSE
If you have been on Facebook for the past couple of days, then you might have probably read about Social Security System (SSS) members being granted P50,000 bonuses which actually was apparently signed and approved by our dearest President Rodrigo Duterte. The Social Security System (SSS), as we all know, bears a lot of bonuses […]
SSS Self-Employed Members, Now Covered by ECP Benefits
Good news to all self-employed Social Security Service (SSS) members, back in April of this year, the Employee Compensation Commission’s (ECPs) Employee Compensation Program (ECP) included SSS Self-employed members to the benefits of the ECP. Silvestre Bello III, Department of Labor and Employment (DOLE) Secretary, and ECC Chairperson, said in a statement that the services […]
SSS Maternity Benefits Could Reach 70,000 Per Member
As we all know, the Social Security System (SSS) of the Philippines is existent to provide assistance to working members of the society. It could be to aid the people in poverty, those who need temporary financial assistance, soon-to-be-mothers, those who are sick, the usual types of people who need financial aid. In terms of […]
Higher SSS Sick and Retirement Benefits and Savings for OFWS, Possible
Overseas Filipino Workers (OFWs), if you aren’t aware, also pays or abides to their monthly premium contributions. In fact, they can obtain the same benefit, privileges, and rewards, local workers get. Good news for people working abroad; the Social Security System (SSS) pushes to have the finalization of the better and higher SSS sick and […]
The New and Updated SSS Contribution Table to be Effective in April 2019
Since the news broke out about the Social Security System (SSS) increasing to a 12 percent contribution, a lot of people responded, wondering how the contribution table will look like. No worries, the Social Security System did not leave us hanging. In their Official Facebook Page, they informed every private sector worker on how the […]
A Rise to 12% in the SSS Contribution Rate to be Effective in April
In previous posts, we expressed the thoughts and the plans of the government in hiking the Social Security System (SSS) contribution rate. As a matter of fact, this has been emphasized on and has been in the books for quite some time now because they were not sure how impacting the changes will be. Read: […]
