1 of Many OFWs: Beating the Odds and Finding Solace When Life on Pause During Pandemic It is the Old Saviors that Needed Saving The COVID-19 pandemic presented unprecedented challenges for the global economy, disrupting industries, livelihoods, and financial stability. Among those hit hardest were Overseas Filipino Workers (OFWs), whose incomes and employment security…
COVID-19 Crisis: Fearless OFWs Overcoming Adversity for Their Families Their Poised for Recovery is to Look for Investment Covid-19 pandemic caused a massive effect of global destruction may it be in terms of economic, health, humanitarian, and environmental aspect. One of the most afflicted sectors of this society is the Overseas Filipino Workers….
The Philippines Economic Path and Stock Market Recovery Midst Pandemic Staying on Course Amidst Global Uncertainty After months of imposing strict enhanced community quarantine, the stock market lost 47% during this year when the Philippine Stock Exchange fell at approximately 52% from the start of the year 2020. This caused to fall down downturn…
OFW’s Can Now Invest in the Philippine Stock Exchange for as Low as 1000-pesos Overseas Filipino Workers (OFWs) are regarded as modern-day heroes in the Philippines due to their significant contributions to economic growth. Every year, millions of OFWs send remittances back home, fueling various sectors such as real estate, retail, and banking, while also…
Filipinos are unlocking financials opportunities through stock investing by leveraging digital platforms, investment education, and local market growth.
Exciting SSS Updates for 2023: What Every Member Needs to Know The Social Security System (SSS) continues to improve its services, bringing better benefits and increased accessibility to members. Whether you’re an employee, self-employed, an Overseas Filipino Worker (OFW), or a voluntary contributor, staying updated on these changes is essential. Here are the latest updates…
Education Loans Surge by ₱39.75 Million in First Half of the Year As the year 2021 started and up until June, the Social Security System (SSS) disbursed 52.5% more in education loans compared to the previous year. The increase amounts to ₱39.75 million, with over 6,500 applications for tuition financing assistance. More and more…
SSS Launches Exclusive Calamity Loan Assistance Package for Its Members 2022 Natural disasters can bring financial devastation to individuals and families, making it crucial for social security systems to provide timely assistance. Recognizing this need, the Social Security System (SSS) has expanded its support for disaster-stricken members through the Calamity Assistance Package. This initiative,…
Maternity Benefits Applications Surge Due to Hassle-Free Filing Introduction The Social Security System (SSS) has taken a significant step forward in modernizing its services by implementing a digitalized maternity benefits application system. This initiative aims to provide a faster, more efficient, and convenient process for female members, eliminating the need for in-person visits to…
The Social Security System (SSS) has continuously evolved to provide better services to its members, leveraging technology to enhance efficiency, security, and accessibility. One of its most significant advancements is the implementation of the Disbursement Account Enrollment Module (DAEM), a system designed to streamline the distribution of benefits and loan proceeds. By shifting from traditional…