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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.
In India, gratuity is a type of retirement benefit. It is a payment made with the intent of monetarily helping an employee after his or her retirement. It was held by the Supreme Court of India in Indian Hume Pipe Co Ltd v Its Workmen that the general principle underlying a gratuity scheme is that by service over a long period the employee is entitled to claim a certain amount as a retirement ...
A gratuity (often called a tip) is a sum of money customarily given by a customer to certain service sector workers such as hospitality for the service they have performed, in addition to the basic price of the service.
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FAQs: Annuities, retirement income and your retirement savings. Here are some of the most common questions about annuities and how they can contribute to your retirement income.
Philippine Agricultural and Biosystems Engineering Act of 2016 2016-07-21: 10916: Road Speed Limiter Act of 2016 2016-07-21: 10917: Amending RA 9547 amendments to the Special Program for Employment of Students Actor RA 7323 2016-07-21: 10918: Philippine Pharmacy Act: Repealing the Pharmacy Act or RA 5921 2016-07-21: 10919
The report said he wrote the letter after asking the committee for additional time to respond to written questions, and said he had an “uncooperative approach throughout the review.”
Under Philippine Republic Act No. 9049, [6] a Medal of Valor awardee is entitled to lifetime monthly gratuity of ₱20,000 that is separate and distinct from any salary or pension the awardee is receiving or will receive from the government. [7] The amount of this monthly gratuity was increased to ₱75,000 in 2016 by President Rodrigo Duterte ...