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The Government Service Insurance System (Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a Filipino government-owned and controlled corporation (GOCC) in the Philippines aimed at government employees. Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a social insurance ...
Under the Philippine Disaster Risk Reduction and Management Act of 2010 (Republic Act 10121), a "state of calamity" is defined as "a condition involving mass casualty and/or major damages to property, disruption of means of livelihoods, roads and normal way of life of people in the affected areas as a result of the occurrence of natural or human-induced hazard".
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]
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.
MANILA, Jan 16 (Reuters) - A central Philippine province declared a state of calamity on Tuesday as a volcano spewed lava that reached the limits of a six-km radius no-go zone and spread ash on ...
In addition to the state of calamity in Siargao Island, 16 villages within Cagayan de Oro were declared calamity areas. [17] In the wake of Auring, the Department of Social Welfare and Development (DSWD) provided family food packets and assistance to flooded areas, valued at PHP 372,760 (US$7,940). Relief funds of PHP 292,189.11 (US$6,220 ...
The Sandiganbayan releases a June 10 decision convicting former Mamburao, Occidental Mindoro mayor Voltaire Anthony Villarosa of failing to remit ₱4.81 million in contributions and loans by municipal employees to the Government Service Insurance System (GSIS) from 2015 to 2016 and sentences him to four years' imprisonment. [156]
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 ...