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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 .
In 2017, about 2.2 million people receiving pension from the SSS saw their take-home benefits increased by ₱1,000 with the approval of President Rodrigo Duterte. [15] Starting with a fund of ₱500,000 from the government, SSS' total assets grew to ₱474.7 billion and served 34.2 million members in 2016. [5]
The AOW pension age depends on an individual's birth-date, with those born before 1 January 1961 having a pension age of 67 years, [31] while those born between the 1 January 1961 and 30 September 1962 have a pension age of 67 years and 3 months, [31] and those born after the 1 October 1962 having a currently unknown pension age. [31]
Source: Social Security Administration. The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop.
The GSIS was the first government agency in the Philippines to adopt the Unified Multi-Purpose ID System, "which aims to streamline and harmonize the identification systems of all government agencies and government-owned and controlled corporations through the use of a unified multi-purpose ID". [8]
The Government Pension Offset affects spouses, widows and widowers who receive government pensions and in some cases reduces their Social Security benefits, according to the SSA.
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.
CNN’s 5 Things AM brings you the news you need to know every morning ... Labor and Pensions later today. 3. Hostage release ... TODAY’S WEATHER. Check your local forecast here>>>