WebDec 9, 2024 · Generally, it is patterned after the 13th-month pay given to workers in time for the Christmas season. The extra benefit is equal to their basic monthly pension plus the P1,000 additional benefit ... WebHalimbawa nito ay § Pag-IBIG FUND § GSIS at § SSS 4. Insurance Companies (Kompanya ng Seguro) ... _____3. Tumanggap ng Christmas bonus at 13th month pay ang karamihan sa mga manggagawa. _____4. Tumaas ang remittance ng …
13th month, cash gift ng GSIS, SSS pensioners ibibigay sa …
WebGuidelines for 13th-month pay distribution – DOLE; According to Ignacio, they have coordinated with partner banks to credit the pensions on given dates during the first week of December so that pensioners can receive and use them in time for the holiday season. ... According to the GSIS, pensioners who received more than P10,000 in cash gifts ... WebDec 4, 2024 · MANILA, Philippines — The Social Security System (SSS) will begin releasing 13th month pensions and Christmas gifts worth nearly P31 billion to beneficiaries this week. SSS president and CEO... how to type arrow
Philippine GSIS Member Benefits - HubPages
WebJul 25, 2024 · 2 SSS/GSIS; 3 Philhealth; 4 Pag-ibig; 5 13th Month Pay; 6 Outsourced payroll in the Philippines; ... 13 th Month Pay. While not a payroll deduction or an ongoing monthly contribution, employers should be fully aware of the 13 th month pay mandatory requirement for payroll in the Philippines under Presidential Decree 851. Web13th month pay and other benefits not exceeding P90,000; GSIS, SSS, Medicare and other contributions; Gains from the sale of bonds, debentures or other certificate of indebtedness with a maturity of more than five (5) years; Gains from redemption of shares in mutual fund; 6) What are the allowable deductions from gross income? WebGSIS or SSS Contributions. b. Pag-ibig Contributions. c. Labor Union Dues. d. None of the choices ... Thirteenth (13th) month pay and other benefits received by officials and employees of public and private entities are exempt from income tax and creditable withholding tax on compensation, provided that the total exclusion shall not exceed P90 ... how to type arrow down