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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.
Philippines: Social assistance: Social insurance system: N/A: N/A Poland: Basic pensions for mothers of four or more children from March 2019: Notional Defined Contributions: Voluntary Open Pension Funds : Voluntary individual accounts: Occupational Pension Programs ; Individual Pension Accounts (IKE/IKZE) Employee Capital Plans Portugal
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)
1. The 2025 Social Security COLA. Social Security beneficiaries are getting a 2.5% cost-of-living adjustment, or COLA, starting with the payment they receive in January 2025. As of the latest data ...
A 2.5 percent increase would raise the average Social Security payment for retired workers from $1,920.48 (as of August 2024) to $1,968.49 in 2025, an increase of $48.01. You’ll notice the COLA ...
In 2025, benefits will be temporarily reduced by $1 for every $2 earned above $23,400 for beneficiaries below their FRA. For those reaching FRA in 2025, the limit increases to $62,160. Orman ...
May 12 – The Philippine general election will be held. Voters will elect new members of the House of Representatives as well as 12 members of the Senate. [23] [24]June – The academic year (2025–2026) is being planned by the Department of Education to begin, as part of their efforts to revert to the old school calendar.
The general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). You'll have $1 in Social Security withheld for every $2 you earn above that limit.