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SSS members can make 'salary' or 'calamity' loans. Salary loans are calculated based on a member's particular monthly salary credit. Calamity loans are for instances when the government has declared a state of calamity in the area where an SSS member lives, following disasters such as flooding and earthquakes. [19]
Teodoro first implemented SSS Medical Care (Medicare) program in 1972, which provided cash payments for medical, surgical and hospitalization expenses of members and their beneficiaries. Three years later, he launched the Employees’ Compensation (EC) program, which gave additional funds to members who suffered from work-related illnesses ...
Producers Savings Banking Corporation, or simply Producers Bank, is a Filipino bank with Headquarters in Pasig.. It provides banking services including savings accounts, ATMs, checking accounts, time deposits, and foreign currency deposit unit accounts, loans including business loans, mortgage loans, agricultural/crop loans, auto loans and teacher's salary loans.
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [a]), is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable ...
The bill would also end a second provision that reduces Social Security benefits for those workers' surviving spouses and family members. The WEP impacts about 2 million Social Security ...
National Automated Clearing House, introduced by National Payments Corporation of India, is a centralised clearing service that aims at providing interbank high volume, low value transactions that are repetitive and periodic in nature.
From January 2008 to December 2012, if you bought shares in companies when Carol B. Tomé joined the board, and sold them when she left, you would have a 4.5 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
The Manila Teachers Savings and Loan Association is a Filipino political party and associated financial lending organization which holds party-list representation in the House of Representatives of the Philippines. Outside its role in the Congress, it also offers loans to salary loans to public schools.