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Posts published by “Vic Sumalinog”

ROUGH CUTS

Rough Cuts: Now the SSS must release the second P1,000

Last Monday Philippine President Davaoeno Rodrigo R. Duterte signed into law the Social Security System (SSS) Rationalization Act. This law authorizes the increase in the rate of security premiums to be collected from employees and employers from the present eleven percent of allowable salary credit to 12 percent starting this year until it reaches to 25 percent of salary credit by 2025.

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