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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.
The agency responsible for implementation is the Social Security System (SSS), and also the Government Service Insurance System (GSIS), the Philippine Health Insurance Corporation (PhilHealth), and the Pag-IBIG Fund (Home Development Mutual Fund) use the card. [3] The card was also suggested to be used as a voter ID. [4]
It is not possible for non-government employees, self-employed or non-working persons to become members of the GSIS. Instead, they are covered by the Social Security System (SSS). Meanwhile government employees in addition to GSIS, can also become members of the SSS at their own cost.
Some have proposed that the Social Security system be modified to provide for the option of individual accounts (in effect, to make the system, at least in part, more like a defined contribution pension plan). Specifically, on February 2, 2005, President George W. Bush made Social Security a prominent theme of his State of the Union Address. [189]
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Membership in the social security system is compulsory for all employees. [6] SSO is a non-governmental organization and it is solely financed by contributions (with the participation of insured (7%), employer (20–23%) and government (3%)).
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World War I draft card. Lower left corner to be removed by men of African ancestry in order to keep the military segregated. Following the U.S. declaration of war against Germany on 6 April, the Selective Service Act of 1917 (40 Stat. 76) was passed by the 65th United States Congress on 18 May 1917, creating the Selective Service System. [10]