To acquire juridical personality, a partnership and a corporation must register first with the Securities and Exchange Commission (SEC) before registering with the Bureau of Internal Revenue, the Local Government Unit having jurisdiction over the place where the entity intends to operate and locate, and the mandated social agencies such as the Social Security System, Pag-IBIG and PhilHealth.
The attendees benefited from various services such as medical consultations and blood pressure check ups (top photo) as well as dental consultations and tooth extractions (bottom photo). Social Security System (SSS) doctors, dentists and nurses offered free health services to members and pensioners during the SSS Medical Mission at the Members Assistance Center of the SSS Diliman Branch in Quezon City on September 4. The attendees benefited from various services such as medical consultations and blood pressure check ups as well as dental consultations and tooth extractions. Other services offered include anemia screenings, cholesterol readings, glucose tests, electrocardiograms, bone scans and eye exams. The SSS also distributed free medicines and five hundred reading glasses on a first come, first served basis. Apart from SSS Diliman, other SSS branches simultaneously hosted their own SSS Medical Missions at ten other locations across the country for members and pensioners in their respective areas. The Medical Mission is part of SSS’ line up of activities to commemorate its 56th anniversary on September 1, 2013
The Social Security System (SSS) has partnered with the Caganhao, Amoingon, Balaring Tricycle Operators and Drivers Multi-Purpose Cooperative (CABTOD MPC) to enable the association’s members to regularly save part of their daily income for monthly contributions under the SSS microsavings program called the AlkanSSSya. Photo shows (clockwise, from center) SSS Boac Branch Head Roman Belen, CABTOD MPC President Roberto Jagong, SSS Officer-in-Charge of Luzon Operations Group Josie Magana, Caganhao Barangay Chairman Noel Historillo and SSS Assistant Vice President for Luzon South Division Virginia Cruz during the signing of the AlkanSSSya agreement at the Caganhao Barangay Hall in Boac, Marinduque last July 23. CABTOD MPC members (right photo) as well as their spouses gamely participate in the ceremonial dropping of coins to kick off their AlkanSSSya savings as part of the program’s launch.
MANILA, Philippines – More than 32,000 qualified overseas Filipino workers with active accounts at the Social Security System’s (SSS) provident fund earned P12.54 million in additional income last year, or three times the amount of earnings on their Flexi-fund savings in 2012. SSS senior vice-president and international operations division head Judy Frances See said nine out of every 10 SSS Flexi-fund members qualified for the first-ever release of the annual incentive benefit (AIB) which is based on OFW-members’ personal Flexi-fund equity as of end of the applicable year. “Flexi-fund members with no full early withdrawal claims or benefits filed in 2012 qualified for the AIB. They do not need to file an application for availment because the SSS automatically posts the AIB amount to their flexi-fund accounts.The more Flexi-fund savings a member has, the higher the AIB amount will be,” See said. For 2012, the member with the biggest Flexi-fund equity received an AIB amount of P106,498. According to See, the total AIB is taken from the Flexi-fund’s actual investment income at the end of the year minus the total guaranteed earnings already credited to the accounts of flexi-fund members. The SSS approved higher interest rates as basis for flexi-fund guaranteed earnings effective July 2012. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 The prevailing low-interest environment encouraged SSS to revise the program’s policies last year to help OFW-members earn higher from their flexi-fund savings. Previously, the computation of guaranteed earnings was solely based on the 91-day T-bill rate, Read More …