Hello to all of our Filipino fans, don’t know if it is expert or bad tidings but it is confirmed together with immediately mandatory for all overseas Filipino workers (OFWs) to brand monthly contributions for their social safety system Philippines which is every bit good known every bit sss Philippines that volition title them to a pension fund together with other benefits nether a novel law.
An estimated 600,000 to around 1 1000000 Filipinos operate inwards the UAE together with it is immediately mandatory for all of them to pay SSS (Social Security System).
President Rodrigo Duterte of late signed into constabulary Senate Bill 1753, or the “Social Security Act of 2018”, which widens the compass of the Social Security System (SSS), extending it to all OFWs about the world. The actual appointment of implementation, however, together with its specific details accept yet to hold out released through the Implementing Rules together with Regulations (IRR).
Currently, alone about 500,000 OFWs are covered past times SSS since contributions are voluntary. With the novel law, SSS membership of OFWs could growth to 2.5 1000000 people.
SSS inwards UAE:
Mark Roue Oliva, the SSS Representative inwards Dubai, said the government-run provident fund volition create goodness both land-based together with sea-based OFWs, including those inwards the UAE.
“Because contributions were voluntary for OFWs inwards the onetime law, nigh OFWs, bulk of who are from the Middle East, forget to contribute. So in 1 lawsuit they retire, they are non qualified to larn pension from SSS,”
In Dubai, to a greater extent than than 7,000 Filipinos paid their premium concluding Jan 2018.
But the average contributors for 2018 for Dubai together with the northern emirates were only 4,800.
Benefits of SSS:
All SSS benefits enjoyed past times members inwards the Philippines such every bit lifetime pension together with other benefits such every bit salary loan, sickness, retirement, maternity, disability, death, funeral are every bit good existence received past times OFWs inwards the UAE said Mark Roue Oliva.
The benefits vary depending on the monthly contributions. For those paying the maximum amount based on the onetime constabulary of 1,750 pesos (Dh126) per month, for example, they have a maximum motherhood create goodness for caesarean amounting to 41,600 pesos. For normal delivery, the create goodness is 32,000 pesos.
Those amongst minimum contribution of 550 pesos larn 10,000 pesos every bit create goodness for normal delivery, together with 13,000 pesos for caesarean.
“These contributions together with benefits may alter based on the novel IRR. But the principal message to our compatriots is non to process SSS every bit an expense but an investment. Every peso they contribute volition hold out given dorsum to them or their beneficiaries through a pension or lump sum. This is 1 of the ways that they tin invest inwards themselves together with inwards their future.”
How to Pay SSS inwards UAE:
1: SSS members who desire to pay should start larn a Payment Reference Number past times visiting the nearest SSS Philippines branch or emailing to PRNHelpline@sss.gov.ph
2: Payment tin hold out made at whatever of the SSS-linked remittance centers namely UAE Exchange, Al Ghurair Exchange, Orient Exchange or Al Rostamani Exchange.
They tin pay monthly, quarterly, yearly, or a maximum of 5 years.
3: The novel contribution per OFW volition depend on the provisions of the novel law. But officials suggest OFWs to ideally brand the maximum contribution to larn the maximum benefit.
To register for SSS, Click here
To register for SSS, Click here
It is ameliorate to hold out covered than accept nothing:
As per Oliva “I would similar to emphasize Senator Richard Gordon’s before tilt that this novel constabulary does non hope an abundance of wealth but to secure people inwards instance they would come across unwanted situations inwards their lives. It is ameliorate to hold out covered than accept nothing”.
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sss Philippines rules for Filipinos living inwards other countries are same every bit mentioned above.