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The Labor policy in the Philippines is specified mainly by the country's Labor Code of the Philippines and through other labor laws. They cover 38 million Filipinos who belong to the labor force and to some extent, as well as overseas workers. They aim to address Filipino workers’ legal rights and their limitations with regard to the hiring ...
SSS provides death, funeral, maternity leave, permanent disability, retirement, sickness and involuntary separation/unemployment benefits. The Employees' Compensation (EC) Program which started in 1975 provided double compensation to workers who had illness, accident during work-related activities, or died.
The Labor Code sets the rules for hiring and firing of private employees; the conditions of work including maximum work hours and overtime; employee benefits such as holiday pay, thirteenth-month pay and retirement pay; and the guidelines in the organization and membership in labor unions as well as in collective bargaining. The prevailing ...
Taxes are tricky in retirement, and working while you are collecting Social Security benefits might be detrimental to your taxes. “Regardless of age, working while drawing Social Security can ...
Work has changed, with many jobs becoming less physically demanding. For some seniors, working past retirement age makes sense. 11 Benefits of Working Past Retirement Age
Some people go back to work after retirement because they need the money or want to add some structure or stimulation to their lifestyle. There are several benefits and drawbacks of working during ...
The Government Service Insurance System ( Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a government-owned and controlled corporation (GOCC) of the Philippines. Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a social insurance institution that provides a defined ...
According to a 2011 Employee Benefits Research Institute survey, 74% of Americans polled planned to supplement their retirement income by working--a 2% increase from 2009.
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