The Social Security System (SSS) of the Philippines announced on Friday, December 20, 2013 that it has released P11.02 billion covering the 13-month bonuses and pensions of nearly two million retirees for December 2013. According to SSS the amount released by the agency represent an increase of seven percent from the P10.27 billion released by … Read more
The Social Security System have already released the SSS Contribution Table for the year 2014. Starting on January 2014, SSS members will follow the updated contribution table after the approved 0.6-percentage-point increase in member contributions to be paid for by employers and their workers. SSS Contribution Table 2014: (click the pdf below this article for … Read more
The Social Security System (SSS) explained the reason behind the planned contribution rate hike, a move that is backed by no less than the President of the Republic, Pres. Aquino. SSS President and CEO Emilio de Quiros said on Friday that the proposed 0.6% increase in contributions would help ensure the pension fund’s viability. The … Read more
The Philippines Social Security System (SSS) announces that they have already collected P25.58 billion in contributions for the first quarter of 2013, a 7.8% higher compared to last year’s collections. According to SSS President and CEO Emilio de Quiros, Jr., during a statement, he was quoted that the contribution collection in Southern Mindanao increased by … Read more
A landmark bill that was enacted into a law, the Batas Kasambahay or the Domestic Workers Act is expected to be release on May 10, 2013. The p(–foul word(s) removed–)age of the Republic Act No. 10361 has given house helpers the chance to (–foul word(s) removed–)ert their right to better welfare and treatment. The law … Read more