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Endo (derived from "end-of-contract") [1] refers to a short-term de facto employment practice in the Philippines.It is a form of contractualization which involves companies giving workers temporary "employment" that lasts for less than six months (or strictly speaking, 180 calendar days) and then terminating their employment just short of being regularized in order to skirt on the costs which ...
The agency responsible for implementation is the Social Security System (SSS), and also the Government Service Insurance System (GSIS), the Philippine Health Insurance Corporation (PhilHealth), and the Pag-IBIG Fund (Home Development Mutual Fund) use the card. [3] The card was also suggested to be used as a voter ID. [4]
The SSS PESO (Personal Equity Savings Option) Fund is a voluntary savings program that members can utilize to augment their retirement benefits from the regular membership. [20] Launched in September 2014, it is a provident fund that gives tax-free returns and it can be made available effective upon the retirement of the members or when certain ...
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 ...
Based on Article 137 the employer is not allowed to: Deprive any woman employee of any of the benefits mentioned above and in Articles 130–136 of the Labor Code or to terminate any woman employee for the purpose of stopping her from enjoying said benefits. Terminate a woman because of her pregnancy while on leave or in confinement due to it.
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Enrollment date. OFW (Landbased) 2,400 pesos annually: Emigration date: No subsidy. Payment is on emigration date then annually. OFW (sea-based) Employer and worker each pay half, up to 2.5% (maximum of 3%) of income up to 10,500 pesos As of hire date 3 months