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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 average Social Security check is $1,783.55 as of September 2024, according to data from the Social Security Administration. ... COLA for 2025 Forecast at 2.5% According to The Senior Citizens ...
Old-age dependency ratio (2017) [1]. The pensions crisis or pensions timebomb is the predicted difficulty in paying for corporate or government employment retirement pensions in various countries, due to a difference between pension obligations and the resources set aside to fund them.
The following is a chronological table of Philippine presidential elections by province, and in some instances, by cities. The presidential election is a direct election by popular vote , where the winner with the most votes wins ; there is no runoff .
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A pension (/ ˈ p ɛ n ʃ ən /; from Latin pensiō 'payment') is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be: a "defined benefit plan", where defined periodic payments are made in retirement. The ...
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