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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 payments are sourced from the country's Social Security System (SSS). [1] The benefits are not dispensed as a loan and thus does not incur additional fees to the claimant. [3] Until 2018, there was no unemployment benefit scheme for private employees.
On April 2 and May 11, 2009, the GSIS Integrated Loans, Membership, Acquired Assets and Accounts Management System (ILMAAAMS) went into a database crash, causing the agency to incur a backlog in its processing of claims and loan applications.
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The loan had a lower interest rate compared to the prevailing rate in the market and payable in longer terms. Pag-IBIG Fund offers a home loan at a low interest rate of 4.5% (for ₱450,000 loan) with a loan term of up to 30 years. A qualified member can get a maximum loan amount of up to ₱6 million.
According to Republic Act No. 7875, as amended by Republic Act No. 9241, "The National Health Insurance Program (NHIP), formerly known as Medicare, is a health insurance program for SSS members and their dependents whereby the healthy subsidize the sick who may find themselves in need of financial assistance when they get hospitalized."
TikTok users are trying to help out a confused husband who is bewildered by one of his wife’s “weird” garments that has “no head hole.”
As of Dec. 21, only 41.9% of adults were vaccinated against the flu and 21.4% were vaccinated with the updated 2024-25 COVID-19 vaccine. Additionally, just 43.7% of adults ages 75 and older have ...