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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. 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.

  4. Pension systems by country - Wikipedia

    en.wikipedia.org/wiki/Pension_systems_by_country

    Mandatory occupational pension provision: Voluntary private collective pension provision; Voluntary private individual pension provision Georgia: Basic pension: N/A: N/A: N/A Germany: Social assistance: Social insurance system: Voluntary occupational pension insurance: Private pension schemes Hong Kong: Basic pension: Provident fund system: N/A ...

  5. Gilberto Teodoro Sr. - Wikipedia

    en.wikipedia.org/wiki/Gilberto_Teodoro_Sr.

    The administration of the Medicare program was transferred to the Philippine Health Insurance Corporation in 1995, but the SSS has continued to provide EC benefits to members. Also under Teodoro’s leadership, the SSS started granting funeral and maternity benefits and survivors and dependents pension in the 1970s.

  6. Overseas Filipino Worker - Wikipedia

    en.wikipedia.org/wiki/Overseas_Filipino_Worker

    Remittances sent by Overseas Filipino Workers to the Philippines from abroad are not themselves subject to taxation by the Philippine government, which has no jurisdiction over foreign remittance. However, a value-added tax is imposed on transfer fees charged by the remittance companies. [ 20 ]

  7. Projected COLA for 2025: September update — how it's ...

    www.aol.com/finance/social-security-cost-of...

    A survey by the National Institute on Retirement Security echoes that sentiment, with 87% of respondents concerned about rising costs, and 66% worried about increasing healthcare costs in retirement.

  8. Government Service Insurance System - Wikipedia

    en.wikipedia.org/wiki/Government_Service...

    The Government Service Insurance System (Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a Filipino government-owned and controlled corporation (GOCC) in the Philippines aimed at government employees. Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a social insurance ...

  9. 5 biggest financial regrets and lessons from baby boomers - AOL

    www.aol.com/finance/5-biggest-financial-regrets...

    2. Invest in stocks, mutual funds and ETFs. While saving money is great, investing your cash in assets such as stocks, mutual funds and ETFs is a tried-and-true way to build wealth for retirement ...