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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.
February 3 – Agriculture Secretary Francisco Tiu Laurel Jr. declares a food security emergency on rice due to rising prices. [16]February 4 – Anwar Saluwang, the mayor of Nabalawag in the Special Geographic Area of Cotabato, is arrested in Davao City for violating a nationwide gun ban imposed as part of the 2025 Philippine general election.
Social Security System (Philippines), for private employees and the self-employed (includes those de facto working for the government but not de jure - not having a [direct] "employer-employee relationship" such as through "Contract of Service (CoS)" and "Job Order (JO)" types of engagement)
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.
The Centers for Medicare and Medicaid Services (CMS) announced that 2025 monthly Part B premiums will climb to $185, an increase of $10.30 from $174.70 in 2024.
Starting in January 2025, Social Security beneficiaries will see a 2.5% cost-of-living adjustment (COLA), marking the smallest increase since 2021. This modest adjustment reflects a positive ...
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If Social Security benefits get a 2.63% COLA in 2025, the average retired worker could see their monthly benefit rise from $1,918 to $1,968. This increase, however, does not account for potential ...