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  2. Social Security System (Philippines) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_System...

    The Social Security System (SSS; Filipino: Paseguruhan ng Kapanatagang Panlipunan) 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.

  3. Government Service Insurance System - Wikipedia

    en.wikipedia.org/wiki/Government_Service...

    The Government Service Insurance System ( Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a government-owned and controlled corporation (GOCC) of the Philippines. Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a social insurance institution that provides a defined ...

  4. Labor Code of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Labor_Code_of_the_Philippines

    Social security benefits According to RA 1161, as amended by RA 8282, "The Social Security Program provides a package of benefits in the event of death, disability, sickness, maternity, and old age. Basically, the Social Security System (SSS) provides for a replacement of income lost on account of the aforementioned contingencies."

  5. How Social Security benefits are calculated - AOL

    www.aol.com/finance/social-security-benefits...

    Here are the bend points for calculating a worker’s benefits in 2024. The benefit is the sum of the following elements: 90 percent of the first $1,174 of averaged indexed monthly earnings. 32 ...

  6. The Most Important Social Security Table You'll Ever See - AOL

    www.aol.com/most-important-social-security-table...

    124%. 116%. 70. 132%. 124%. Data source: Social Security Administration. The table shows that if your full retirement age is 67 (as it is for anyone born in 1960 or later) and you collect as soon ...

  7. I’m a Retirement Planner: What Social Security Could Look ...

    www.aol.com/m-retirement-planner-social-security...

    Basically, “ [Harris’s] proposal would have the Social Security portion of taxes withheld from your paycheck kick back in once you earn $400,000 or more. That would create a gap between the ...

  8. Social Security (United States) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_(United...

    Some federal, state, local and education government employees pay no Social Security but have their own retirement, disability systems that nearly always pay much better retirement and disability benefits than Social Security. These plans typically require vesting (working 5–10 years for the same employer before becoming eligible for ...

  9. Here's How Much Social Security the Average Senior Gets ... - AOL

    www.aol.com/heres-much-social-security-average...

    Social Security could pay you hundreds of thousands in retirement. The average monthly Social Security benefit for retired workers is $1,918.28 as of June 2024. That comes out to $23,019.36 ...

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