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The Social Security System (SSS; Filipino: Paseguruhan ng mga Naglilingkod sa Pribado) [4] is a state-run social insurance program in the Philippines to workers in the private, professional and informal sectors. SSS is established by virtue of Republic Act No. 1161, better known as the Social Security Act of 1954.
The unemployment benefit of the SSS also covers the kasambahay (housemaids) as well as Overseas Filipino Workers (OFWs; Filipino migrant workers).Claimants should have made 36 monthly contributions to the SSS, 12 months of which should be in the 18-month period immediately preceding the month of involuntary separation.
In the Philippine, it can be obtained through the Philippine Overseas Employment Administration and other authorized processing centers. BMs can also acquire OECs from Philippine Overseas Labor Offices (POLOs) in their worksite countries. OEC's are processed on-site and in itself cost ₱100. [6]
Article 99 of the Labor Code of the Philippines stipulates that an employer may go over but never below minimum wage. Paying below the minimum wage is illegal. [10] The Regional Tripartite Wages and Productivity Boards is the body that sets the amount for the minimum wage. In the Philippines, the minimum wage of a worker depends on where he works.
The Social Security Administration's press office provided comments after the initial publication of this story, stating that "state and local government employers are required to disclose ...
Employers pay a contribution on top of the pre-tax income of their employees, which together with the employee contribution, fund the scheme. The maximum unemployment benefit is (as of March 2009) 57.4% of €162 per day (Social security contributions ceiling in 2011), or €6900 per month. [ 28 ]
The Kansas City Chiefs kicked off the second half of Sunday's game against the Cleveland Browns with a big defensive play. Chiefs linebacker Nick Bolton got a miraculous interception that somehow ...
Since Hope Lawrence posted the clip, the video has garnered over 59 million views on TikTok, with the comment section erupting with moving messages. “The haka is so powerful but seeing this ...