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Website. www .sss .gov .ph. 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.
Pag-IBIG Fund was founded by virtue of Presidential Decree No. 1530 [ 1][ 2] which was signed by President Ferdinand E. Marcos on June 11, 1978, to answer the national need for savings program and affordable housing financing. [ 3] Its original purpose was solely as a provident fund to encourage savings among Filipinos.
Political parties. Elections. The Manila Teachers Savings and Loan Association is a Filipino political party and associated financial lending organization which holds party-list representation in the House of Representatives of the Philippines . Outside its role in the Congress, it also offers loans to salary loans to public schools.
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For a 36-month personal loan, credit unions had an average rate of 10.78 percent in December 2023, according to the National Credit Union Administration (NCUA). Banks charged a higher average rate ...
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.
A personal loan works by giving you a lump sum of money that you repay in monthly installments plus interest and fees. You can typically borrow between $2,000 and $50,000 — though some digital ...
Step 5: Receive funds and start making payments. Once you finalize your loan documents with your lenders, there are two ways to consolidate your debt: your lender pays your creditors or gives you ...
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