The Flexi-Fund program is an additional service offered by the Social Security System for OFWs. The program was introduced in 2001 and it is a tax-free and risk-free investment. Investing in this program does not require monthly payment as it is separate from the SSS contributions. The member will determine and decide how much to […]
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Good News – SSS Announces the Release of UMID Card on Time
UMID card is a government-issued ID that can be used when doing business with other government agencies like Philippine Health Insurance Corporation (PHIC), Pag-Ibig Fund, and the Government Service Insurance System (GSIS). Using the card can facilitate more convenient services that’s why everyone must apply for UMID Card. The processing and issuance of UMID Card […]
SSS Monthly Pension Computation Based from the Contribution
The good thing about being a SSS member is that you can enjoy the retirement benefits provided that you completed the 120 monthly premium contributions. Once you retire, you can avail retirement benefits from SSS either through monthly pension or lumpsum amount. The monthly pension is a cash benefit paid to the SSS member who […]
The Proposed Increase of SSS Contributions
In January 2017, President Duterte has approved the increase in monthly pensions. Many pensioners have been enjoying the benefit of the increase that had been disbursed since March. But, until when does the SSS can sustain the pension hike? As the chief executive officer of SSS said that the fund life of the company is […]
How to Register in the Kasambahay Unified Registration System SSS, Pag-IBIG and PhilHealth
Are you aware about the Kasambahay Law or the Republic Act 10361? After the implementation of the Kasambahay Law, employers were mandated to register their household service workers to SSS. The good thing is that RA 10361 entitles domestic workers to be covered as well by PagIbig Fund and Philhealth. Who are those domestic workers? […]
How to Avail the SSS Sickness Benefits
No matter how well you keep your health, the possibility of getting sick is real. The problem aggravates if the injury or the illness would prevent you from getting back to work for long time. Financial problem may also arise thinking how to make both ends meet knowing that you depend your living on a […]
