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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.
May 12 – The Philippine general election will be held. Voters will elect new members of the House of Representatives as well as 12 members of the Senate. [16] [17]June – The academic year (2025–2026) is being planned by the Department of Education to begin, as part of their efforts to revert to the old school calendar.
In 2023, we saw a big 8.7% COLA, while 2024 brought a smaller 3.2% increase. For 2025, the bump will be even smaller at 2.5%, which is the tiniest increase since 2021.
So even if you end up with a certain raise thanks to an upcoming COLA, an increase in the cost of Medicare could, unfortunately, wipe a decent chunk of it out. 2. Social Security's 2025 earnings ...
In 2025, Social Security benefits will increase by 2.5%. That's actually the smallest COLA to arrive in years. However, the news isn't all bleak. Because inflation is easing, seniors may find that ...
Image source: Getty Images. 1. The 2025 Social Security COLA. Social Security beneficiaries are getting a 2.5% cost-of-living adjustment, or COLA, starting with the payment they receive in January ...
FRA will increase in 2025, such that (1) workers born in the last eight months of 1958 will reach FRA at 66 and 8 months during the first eight months of 2025, and (2) workers born in the first ...
In 2025, Social Security will tax wages up to $176,100, up from $168,600 in 2024. The change takes effect in January 2025, though the tax rate on those wages, 6.2 percent, will remain the same.