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  2. Social Security System (Philippines) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_System...

    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.

  3. Social Security (United States) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_(United...

    Workers must pay 12.4 percent, including a 6.2 percent employer contribution, on their wages below the Social Security Wage Base ($168,600 in 2024), but no tax on income in excess of this amount.

  4. Social Security Trust Fund - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Trust_Fund

    Social Security Trust Fund. The Federal Old-Age and Survivors Insurance Trust Fund and Federal Disability Insurance Trust Fund (collectively, the Social Security Trust Fund or Trust Funds) are trust funds that provide for payment of Social Security (Old-Age, Survivors, and Disability Insurance; OASDI) benefits administered by the United States Social Security Administration.

  5. 4 most worrisome things for retirees on Social Security as ...

    www.aol.com/finance/4-most-worrisome-things...

    Social Security’s trust funds will only be able to pay 100% of total scheduled benefits until 2035. Once they are depleted, the program will pay just 83% of scheduled benefits unless Congress ...

  6. Social Security Wage Base - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Wage_Base

    Note that although self-employed individuals pay 12.4%, this is mitigated two ways. First, half of the amount of the tax is reduced from salary before figuring the tax (you don't pay Social Security tax on the tax your employer pays for you.) Second, the "employer" half is an adjustment to income on the front page of Form 1040.

  7. Unemployment benefits in the Philippines - Wikipedia

    en.wikipedia.org/wiki/Unemployment_benefits_in...

    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.

  8. Part-Time Workers Need to Know About This Important 2025 ...

    www.aol.com/part-time-workers-know-important...

    Image source: Getty Images. Easier access to workplace retirement plans. Part-time workers will now have an easier time contributing to their employers' 401(k) plans, thanks to a provision in the ...

  9. Unemployment benefits - Wikipedia

    en.wikipedia.org/wiki/Unemployment_benefits

    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 ]