The 105-Day Expanded Maternity Leave Law has been signed by President Duterte on February 20, 2019! 105 days na ang SSS maternity leave! Increase in Number of Days 105 days of paid leave for a married woman who gives birth 120 days of paid leave for a single or unmarried woman who gives birth 60 […]
SSS Loan Condonation Extended Until April 1, 2019
Good news para sa mga hindi pa naka-avail ng SSS Loan Condonation program, puede ka pang humabol! Extended ang SSS Loan Condonation program until April 1, 2019! This was announced on September 28, 2018 by SSS President and Chief Executive Officer Emmanuel F. Dooc through SSS Circular 2018-019. The same guidelines applied in the previous loan […]
Philhealth Eligibility Back to 9 Over 12 Months
9 Monthly Contributions na ang requirement for Philhealth eligibility! Effective October 1, 2018 required na ang payment of 9 monthly contributions within the past 12 months para maka-avail ng Philhealth coverage. So dapat tuluy-tuloy na ang pagbayad ng Philhealth contributions para laging eligible sa Philhealth coverage. Pay your premiums every month, or every quarter, […]
How Much Is His SSS Pension? Paid 280 Months at Maximum
Ramir wrote his message about SSS pension computation: “Hi, I’ve paid more than 280 months at maximum. How much will be my lump sum for 18 months?” My short reply is 137,800 pesos. Please remember this is NOT ACCURATE. It’s only my estimate. Surely the CYS I used is not accurate. The CYS formula […]
Magna Carta Special Leave Benefit for Women Employees
Updated December 14, 2018 You are qualified for the Magna Carta Special Leave Benefit for Surgery to Treat a Gynecological Disorder if: You are a woman (single, separated or married, any age) You are employed (private or public sector) You have been employed by your current employer for the last 12 months PRIOR to your […]
Live-In Relationship Also Stops SSS Pension
It’s not only remarriage that will stop the SSS pension of an SSS death pensioner. Cohabitation or living together with another person like husband and wife will also stop the SSS pension. A lot of people think only remarriage will stop the SSS pension, based on the SSS law that defines the beneficiary […]
How to Check your Estimated SSS Pension Online
If you have an online SSS account, you can check your estimated SSS pension online. This estimate is not final; it will change as you continue to pay your contributions to SSS. To check your estimated pension, you will use your online SSS account, so if you have not yet registered with the SSS […]
Can Filipino Immigrants Claim Their Philippine SSS Pension?
Updated March 8, 2019 Yes, Filipino immigrants can claim their Philippine SSS pension when they turn 60 years old. Yes, even if they’re already naturalized citizens of another country. How and Where Can I File My Retirement Claim When I Turn 60 Years Old? . You can take a vacation in the Philippines and file […]
Pag-ibig MP2 or SSS PESO? Which Is a Better Savings Scheme?
Updated March 5, 2018 Pag-ibig MP2 was launched in February 2010 as an enhanced Pag-ibig savings program for all Pag-ibig 1 members. SSS Flexi-Fund was launched in May 2002 as a savings program exclusively for OFWs. In May 2015, SSS launched another savings program called PESO, which stands for Personal Equity and Savings Option, and this time, it […]
Compare Pre-Need, Pag-ibig MP2, SSS Flexi-Fund
Where can parents save for their children’s college education? Many pre-need firms in the Philippines have collapsed. Where can we save and invest? So we will have money for our kids’ college tuition? There are investments like stocks, mutual funds and bonds, but we must learn about how they work first. If you want to […]
SSS Flexi-Fund vs. Pag-ibig MP2 — Which Is a Better Investment?
Updated June 2, 2014: Both SSS Flexi-Fund and Modified Pag-ibig 2 (MP2) are savings programs offered by government agencies. Both offer interest rates higher than those offered by banks for savings accounts and time deposits. Both programs are guaranteed by the Philippine government. Both are tax-free. Total savings plus their dividend or interest earnings are tax-free. Both […]
Save Money with Modified Pag-ibig 2, Get Higher Earnings
Updated February 12, 2018 You want to save and grow your money? Modified Pag-ibig 2 or MP2 is a great savings plan. It has advantages over regular savings accounts, time deposits, or pre-need plans. Any Pag-ibig 1 member can save with MP2. SHARE ON TwitterFacebookWhatsAppGoogle+EmailLinkedInPin It
Can Filipino Immigrants Register to be Philippine SSS Members?
Can a Filipino immigrant register to be a member of the Philippine SSS? Someone asked this question again today, and since I often see similar questions, I decided to make a post to answer it. Question: I’m 40 years old, migrated from the Philippines to the US when I was younger, and now a US […]