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May 12 – The Philippine general election will be held. Voters will elect new members of the House of Representatives as well as 12 members of the Senate. [23] [24]June – The academic year (2025–2026) is being planned by the Department of Education to begin, as part of their efforts to revert to the old school calendar.
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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.
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.
With two months of data still pending, current estimates suggest a 2.57% COLA increase for 2025, which would add about $50 per month to benefits, according to the Detroit Free Press.
Image source: Getty Images. When there's a rise in the CPI-W from one year to the next, Social Security benefits get a boost. When there's no increase or a decrease, benefits stay where they are.
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)
The Social Security cost-of-living adjustment, or COLA, is based on third-quarter inflation data. We just got a look at the numbers from August, and here's what they tell us about the raise Social ...
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