House bill seeks to triple unemployment benefits from SSS

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A lawmaker has filed a bill which seeks to triple the amount of unemployment benefits that laid off workers can receive from the Social Security System.

Surigao del Sur Rep. Johnny Pimentel filed House Bill 8594, which proposes to grant displaced workers a one-time insurance claim amounting to 50 percent of their monthly salary for a maximum of six months.

If approved and signed into law, this means that an individual who used to have a monthly income of ₱15,000 can receive ₱45,000 in unemployment benefits. At present, the same person can receive only ₱15,000. Millions of Filipinos in the country and overseas were left jobless due to the COVID-19 pandemic, which has severely affected the global economy. Among the more recent major workforce reductions was, which will lay off 30% of its employees, or about 2,300 people, amid losses due to the crisis.

To be eligible for the claim, an SSS member should not be over 60 years old at the time of the termination; not over 50, if an underground or surface mineworker; and not over 55, if a racehorse jockey. A member should also have paid at least 36 monthly contributions, 12 months of which should be in the 18-month period immediately preceding the month of involuntary separation.

 

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why not help ailing. companies instead of dole out? it wont last.. employment will

Bangkarote na ng sss! Ano ba yan? Sino ba yan

Ngayon nga lang di na malaman ng SSS kung saan kukuha ng pondo para sa mga future-pensyonado, dadagdagan nyo na naman ang problema. Mag-isip naman kayo.🤧

Noynoy had the guts to veto against pension hike back in his time because it’s not feasible... even if means losing votes for Mar Roxas. Now, it seems they want to use SSS again for their own good without regards to future consequences.

gusto triple ang unemployment benefits pero ayaw ng hike sa contributions

Josko, may aabutan pa ba kaming pondo? Baka pwede naman isipin nyo yung talagang nag babayad no?

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