As we all know, the Social Security System (SSS) is a government insurance program that aims to help Filipino citizens who eventually retire or lose employment because of disability. This is exactly the reason why you, as an overseas Filipino worker (OFW) should take advantage of SSS benefits – which can really be good for […]
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SSS Proposes 5-6% Member Contribution Increase Once P2,000 Pension Hike Passes
We have all heard about the upcoming pension hike amounting to Php2,000.00 from the Social Security System (SSS). As of this time, the proposed hike is only waiting for legislation in the Congress before it becomes official. Although this is a good news for SSS members, it possibly comes with a little catch. In a […]
Allowed IDs And Supporting Documents For SSS And Passport Applications
Having a valid ID is actually one of the most basic requirements for many important transactions. If you have been hired for work, whether local or abroad, you will likely need a valid ID for your transactions with the government such as applying for SSS, or for acquiring a passport. Read on and learn about […]
Good News, SSS Pensioners! Senate Approves Additional P2,000 Per Month
Here’s a wonderful news for all you SSS pensioners out there. CNN Philippines recently reported that the Senate has approved House Bill 5842 which aims to give “an across-the-board increase of P2,000 monthly to 1.9 million pensioners of the Social Security System (SSS).” The CNN report tells us that the senators “voted 15 in favor […]
SSS Flexi-Fund A Retirement Fund Options For OFWs
Social Security System (SSS) is encouraging OFWs to contribute to the Flexi-Fund, a voluntary provident fund that can be useful for future retirement. This tax-free investment fund is guaranteed to provide high returns.Also, the beautiful thing about it is that OFWs do not have to worry about high interest rates or annual management fees. The […]