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Feb 20 19, 1:40 pm

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SSS Members to get unemployment benefits of up to Php 10,000/month

by | News

Feb. 20, 19 | 1:40 pm

Senator Richard Gordon, the principal author of the newly-signed Republic Act 11199 or the Social Security Act of 2019 stated that members of the Social Security System (SSS) who will lose their jobs will be eligible to get unemployment insurance.

The landmark registration, which was recently signed by President Duterte, includes a provision that provides involuntary separation benefits for the state pension fund’s members to help them during the period as they search for a new job.

“For the first time in the country’s history, meron na ngayong unemployment insurance. It will start with two months, at least meron kang P10,000 a month if you had been paying contributions under the maximum salary credit. For two months, makakapaghanap ka ng trabaho,” he said.

Under Section 14-B of RA 11199, a member who finds himself involuntarily unemployed can claim unemployment benefit equivalent to 50 percent of his average monthly salary credit for a maximum of two months. The member should not be more than 60 years of age and has paid at least 36 months contributions, twelve months of which should be within the 18-month period prior to the involuntary unemployment or separation. A member can only claim unemployment benefits once every three years.

“It will allow you to look for another job. While hindi ka pwedeng magrelax at kailangang maghanap ka agad ng trabaho because you can only get a maximum of two months, you will have something for your expenses,” the chairman of the Committee on Government Corporations and Public Enterprises stressed.

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2 OFWs who share a husband arrested in buy bust ops

2 OFWs who share a husband arrested in buy bust ops

Two female overseas Filipino workers (OFWs), who allegedly worked as couriers for a woman known as 'The Godmother', were arrested in an anti-illegal drugs operation in Bacoor, Cavite, according to a GMA News report. The police conducted a raid and found 635 grams of...

PH to start termination process of VFA

PH to start termination process of VFA

Foreign Secretary Teodoro Locsin Jr. on Friday said he has asked Defense Chief Delfin Lorenzana to start the termination process of the Philippines' Visiting Forces Agreement with the United States in retaliation for Washington's cancellation of former police chief...

1,000 Filipino nurses needed in the US

1,000 Filipino nurses needed in the US

A company offering immigration services said it has vacancies for 1,000 nurses in the United States for 2020. Front Fortich, chief operating officer of Fortich Permanent Immigration Services said there are important developments and bright prospects for Filipino...

House to tackle ABS-CBN’s franchise renewal in February

House to tackle ABS-CBN’s franchise renewal in February

The House of Representatives is set to deliberate the fate of ABS-CBN franchise renewal in February, barely a month before it expires. House Speaker Alan Peter Cayetano said Thursday House Committee on Legislative Franchises headed by Palawan Rep. Franz Alvarez will...

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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.

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