Sunday, April 5, 2020

Feb 17 19, 9:06 am

WATCH: Christians celebrate Palm Sunday in front of TV, laptops

Pope Francis led millions of Catholics in celebrating Palm Sunday, the first of the series of Holy Week, while the world is battling a coronavirus disease (COVID-19), which has infected more than 1.2 million people and killed 64,000 worldwide. During today’s St....

Duterte signs SSS Law, OFWs to get mandatory SSS coverage

by | News

Feb. 17, 19 | 9:06 am

OFWs around the world will soon be mandated by law to get SSS Coverage after Executive Secretrary Salvador Medialdea confirmed that President Rodrigo Duterte recently signed the bill that was proposed to repeal the Social Security Law.

The law, which will soon be implemented within the year, will give the Social Security System’s charter an overhaul as a means to ensure that funds paid for by the citizens will be appropriated properly for long-term usage.

For OFWs, the new law will include mandatory SSS coverage for those under 60 years of age and also includes the expansion of powers of the SSS Commission to determine the monthly contribution of the members, as well as their salary credit. This added measure will soon enable SSS to increase contributions as per the report from GMA News.

SSS members who will get terminated from their jobs will also get unemployment insurance.

“The bill envisions a benefits-based system—what you invest is what you get; no investment, no benefit—through which the SSS contributions could be raised without seeking the approval of the President or the endorsement of Congress because the discretion to increase contributions could be left to the better judgment of the SSS board of directors provided it would generate more suitable pensions,” said Senator Richard Gordon, sponsor of the Senate version of the bill, said in October last year in an interview with GMA News.

In addition, the SSS Commission will also be empowered to increase benefits, condone penalties, rationalize investments and invest its Reserve Funds in its aim to grow the wealth of the state pension fund.

 

Jobs

Latest News

WATCH: Christians celebrate Palm Sunday in front of TV, laptops

WATCH: Christians celebrate Palm Sunday in front of TV, laptops

Pope Francis led millions of Catholics in celebrating Palm Sunday, the first of the series of Holy Week, while the world is battling a coronavirus disease (COVID-19), which has infected more than 1.2 million people and killed 64,000 worldwide. During today’s St....

Recent posts

We listed over 1,000,000 jobs from United Arab Emirates monthly.

Accomodation option available in the market.

THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 2.5 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

FOLLOW US

SIGN UP FOR NEWSLETTER

BROCHURES

THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 2.5 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

FOLLOW US

SIGN UP FOR NEWSLETTER

BROCHURES

© 2020 The Filipino Times. All rights reserved

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!

More in News
PANUORIN. Barsha Heights fire drill sends employees scrambling
Published On  February 17, 2019
Lawmaker in Slovenia quits over sandwich he stole
Published On  February 17, 2019
RTA opens main bridge at intersection of Expo Road, Al Asayel Street
Published On  February 17, 2019
Close