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The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [a]), is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable ...
The Government Service Insurance System (Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a Filipino government-owned and controlled corporation (GOCC) in the Philippines aimed at government employees.
Historical marker installed in 2008 at the SSS head office in Quezon City. President Manuel Roxas, to give relief to the people who were facing difficulties in the post-war period, called on the legislators to create a social security program in his State of the Nation Address in January 1948 but he died without passing the bill.
On August 2, 2024, the Senator Koko Pimentel public health advocates group filed certiorari and prohibition with restraining order to stop the transfer of P89.9 billion PhilHealth funds to the national budget. The petitioners challenged the constitutionality of DOF Circular No. 003-2024.
Finally, starting in 2024, families can roll unused 529 plan funds to a Roth IRA in the beneficiary’s name without triggering income taxes or penalties.This new rule, signed into law as part of ...
The Sandiganbayan releases a June 10 decision convicting former Mamburao, Occidental Mindoro mayor Voltaire Anthony Villarosa of failing to remit ₱4.81 million in contributions and loans by municipal employees to the Government Service Insurance System (GSIS) from 2015 to 2016 and sentences him to four years' imprisonment.
The maximum contribution for self-only coverage is $4,300 ($4,150 in 2024). The maximum contribution for family coverage is $8,550 ($8,300 in 2024). Those age 55 and older can make an additional ...
The SEP IRA is one of the best ways for small businesses and individual business owners to help employees save for retirement, and they’ll be able to contribute even more in 2025 than in 2024.