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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.
It is not possible for non-government employees, self-employed or non-working persons to become members of the GSIS. Instead, they are covered by the Social Security System (SSS). Meanwhile government employees in addition to GSIS, can also become members of the SSS at their own cost.
People attain fully insured status based upon their payments into the Social Security system through payroll taxes and the amount of time they have been working in jobs covered through the Social Security system. This is measured through quarters of coverage. [4] A person earns one quarter of coverage for each $1,410 of earned income in 2020.
It is characterized as the welfare model with the lowest spending, with little investment in social assistance, a more fragmented social security system, and high spending on pensions, making pension benefits greater than unemployment benefits. One of the most particular features of the Mediterranean model is the large role of the family, which ...
Sign and date the form, and file it with your local Social Security office. You can find a list of local offices here. A local Social Security representative can tell you when the withholding will ...
Every year the Social Security Administration's Medicare program provides an open enrollment period that gives beneficiaries a chance to review their current coverage and decide on what they need ...
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The agency responsible for implementation is the Social Security System (SSS), and also the Government Service Insurance System (GSIS), the Philippine Health Insurance Corporation (PhilHealth), and the Pag-IBIG Fund (Home Development Mutual Fund) use the card. [3] The card was also suggested to be used as a voter ID. [4]