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The unemployment benefit of the SSS also covers the kasambahay (housemaids) as well as Overseas Filipino Workers (OFWs; Filipino migrant workers).Claimants should have made 36 monthly contributions to the SSS, 12 months of which should be in the 18-month period immediately preceding the month of involuntary separation.
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.
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The SSS Riyadh Representative Office was established in 1998 in line with the mandate of the Social Security System to bring its services closer to its members, wherever they may be, and to implement the coverage program for Overseas Filipino Workers (OFWs).
January 20, 2025 at 4:00 AM andreswd / iStock.com A Social Security spousal rule that was around for decades ended this year for the last eligible retirees — those who turned 70 on Jan. 1, 2024.
January 31, 2024 at 7:00 PM. ... What’s the contribution limit for 529 plans in 2024? ... and withdrawals are tax-free when used for qualified education expenses such as tuition, fees, room and ...
Social Security System (Philippines), for private employees and the self-employed (includes those de facto working for the government but not de jure - not having a [direct] "employer-employee relationship" such as through "Contract of Service (CoS)" and "Job Order (JO)" types of engagement)
In the latter case, IRAs can be a bit restrictive, with yearly contribution limits of just $7,000 for adults under 50 and $8,000 for adults 50 and older in both 2024 and 2025.