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SSS is a state-run, social insurance program for workers in the private, professional and informal sectors in the Philippines. It provides benefits for death, funeral, maternity, disability, retirement, sickness, unemployment and loans.
The unemployment benefit of the SSS also covers the kasambahay (housemaids) as well as Overseas Filipino Workers (OFWs; Filipino migrant workers).Claimants should have made 36 monthly contributions to the SSS, 12 months of which should be in the 18-month period immediately preceding the month of involuntary separation.
Learn about the federal program that provides retirement, disability, and survivor benefits to eligible workers and their families. Find out the history, funding, administration, and current issues of Social Security in the U.S.
Learn about the history, eligibility, and current issues of social security in Australia, a system of social welfare payments provided by the government. Find out how social security is administered, means tested, and influenced by welfare attitudes and policies.
MPF is a compulsory saving scheme for the retirement of residents in Hong Kong. It is a privately managed, fully funded contribution scheme that covers most employees and self-employed persons, with some exemptions and restrictions.
This article originally appeared on GOBankingRates.com: Social Security: How To Fill Out Voluntary Tax Withholding Request Form W-4V. Show comments. Advertisement. Advertisement.
Learn about the origins, eligibility, and processes of unemployment benefits, also known as "the dole" in British English. Compare the benefit durations, replacement rates, and funding sources across different countries.
Learn about the different types of retirement plans in the U.S., such as defined benefit, defined contribution, and hybrid plans. Find out how they are taxed, regulated, and funded by the Internal Revenue Code and the Employee Retirement Income Security Act.