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SSS' offices are located in 291 branches all over the country. There is an option to email or make a call to SSS’ branches. [27] Members can utilize the toll-free number that is open on weekdays and online services for transactions such as securing SSS identification number and applying for loans, sickness and retirement benefits. [2]
Unemployment benefits in the Philippines. Unemployment benefits in the Philippines are payments made by the government to unemployed people. The unemployment benefits provided by the Philippine government is sourced either from the country's Social Security System (SSS) or the Government Service Insurance System (GSIS).
The first monthly payment was issued on January 31, 1940 to Ida May Fuller of Ludlow, Vermont. [34] In 1937, 1938, and 1939, she paid a total of $24.75 into the Social Security System. Her first check was for $22.54. [34] After her second check, Fuller already had received more than she contributed over the three-year period.
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG (Pagtutulungan sa Kinabukasan, Ikaw, Bangko, Industriya at Gobyerno) Fund, [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 shelter financing for Filipinos.
Economics. Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people. Depending on the country and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time ...
Social Security (United States) In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration (SSA). [ 1 ] The Social Security Act was passed in 1935, [ 2 ] and the existing version of the Act, as amended, [ 3 ...