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Social Security System (Philippines)
The Social Security System (SSS; ; is a state-run social insurance program in the Philippines to workers in the private, professional and informal sectors. SSS is established by virtue of Republic Act No. 1161, better known as the Social Security Act of 1954. This law was later amended by Republic Act No. 8282 in 1997. Government employees, meanwhile, are covered under a separate state-run pension fund by the Government Service Insurance System (GSIS). History President Manuel Roxas, to give relief to the people who were facing difficulties in the post-war period, called on the legislators to create a social security program in his State of the Nation Address in January 1948 but he died the bill being passed. On July 7, 1948, President Elpidio Quirino succeeded Roxas and created the social security study commission through Executive Order No. 150. The commission drafted the Social Security Act that was submitted to Congress. In 1954, Representative Floro Crisologo, Senators ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned And Controlled Corporation
In the Philippines, a government-owned and controlled corporation (GOCC; ), sometimes with an "and/or", is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees. There are 219 GOCCs as of 2022. GOCCs both receive subsidies and pay dividends to the national government. A government-owned or controlled corporation is a stock or a non-stock corporation, whether performing governmental or proprietary functions, which is directly chartered by a special law or if organized under the general corporation law is owned or controlled by the government directly, or indirectly through a parent corporation or subsidiary corporation, to the extent of at least a majority of its outstanding capital stock or of its outstanding voting capital stock. Under the GOCC Governance Act (Republic Act No. 10149), GOCCs are overseen by the Governance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manuel Roxas
Manuel Acuña Roxas (; January 1, 1892 – April 15, 1948) was a Filipino lawyer and politician who served as the fifth president of the Philippines from 1946 until his death in 1948. He served briefly as the third and last President of the Commonwealth of the Philippines from May 28, 1946, to July 4, 1946, and became the first President of the Independent History of the Philippines (1946–65), Third Philippine Republic after the United States ceded its sovereignty over the Philippines. Early life and education Manuel Roxas y Acuña was born on January 1, 1892, in Roxas City, Capiz, Capiz (present-day Roxas City) to Gerardo Roxas y Luis and Rosario Acuña y Villaruz. He was a Posthumous birth, posthumous child, as his father died after being mortally wounded by the Spanish Guardia Civil the year before. He and his older brother, Mamerto, were raised by their mother and her father, ''Don'' Eleuterio Acuña. His other siblings from his father included Leopoldo and Margarita ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Employment
Employment is a relationship between two party (law), parties Regulation, regulating the provision of paid Labour (human activity), labour services. Usually based on a employment contract, contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wage, wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuity, gratuities, bonus payments or employee stock option, stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, and disability insurance. Employment is typically governed by Labour law, employment laws, o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Philippine Star
''The Philippine Star'' (self-styled ''The Philippine STAR'') is an English-language newspaper in the Philippines and the flagship brand of the Philstar Media Group. First published on July 28, 1986, by veteran journalists Betty Go-Belmonte, Max Soliven and Art Borjal, it is one of several Philippine newspapers founded after the 1986 People Power Revolution. Its sister publications include business newspaper '' BusinessWorld''; Cebu-based, English-language broadsheet '' The Freeman''; Filipino-language tabloids '' Pilipino Star Ngayon'' and ''Pang-Masa''; Cebuano-language tabloid ''Banat'', online news portals Philstar.com, PhilstarLife.com, Interaksyon (formerly with News5), LatestChika.com, Wheels.PH, PropertyReport.PH, Multiverse.PH and TV/digital production unit Philstar TV. In March 2014, the newspaper was acquired by MediaQuest Holdings, Inc., a media conglomerate subsidized by the PLDT Beneficial Trust Fund, after the company purchased a majority stake in Philst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rate Of Return
In finance, return is a profit on an investment. It comprises any change in value of the investment, and/or cash flows (or securities, or other investments) which the investor receives from that investment over a specified time period, such as interest payments, coupons, cash dividends and stock dividends. It may be measured either in absolute terms (e.g., dollars) or as a percentage of the amount invested. The latter is also called the holding period return. A loss instead of a profit is described as a '' negative return'', assuming the amount invested is greater than zero. To compare returns over time periods of different lengths on an equal basis, it is useful to convert each return into a return over a period of time of a standard length. The result of the conversion is called the rate of return. Typically, the period of time is a year, in which case the rate of return is also called the annualized return, and the conversion process, described below, is called ''annualiz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OFWs
Overseas Filipino Worker (OFW) is a term often used to refer to Filipino migrant workers, people with Filipino citizenship who reside in another country for a limited period of employment. The number of these workers was roughly 1.77 million between April and September 2020. Of these, female workers comprised a larger portion, making up 59.6 percent, or 1.06 million. However, this number declined to 405.62 thousand between 2019 and 2020. OFW money remittances to relatives in the Philippines are a major contributor to the Philippine economy, reaching a total of P1.9 trillion in 2022, which represented some 8.9% of the Philippines' Gross Domestic Product. Etymology The term "Overseas Filipino Worker" (OFW) was used as early as the 1990s to refer to Filipino migrant workers, when Republic Act 8042, also known as the Migrant Workers and Overseas Filipinos Act of 1995 was enacted. The term was officially adopted by the Philippine government when the Philippine Overseas Employment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Of Calamity
A state of emergency is a situation in which a government is empowered to put through policies that it would normally not be permitted to do, for the safety and protection of its citizens. A government can declare such a state before, during, or after a natural disaster, civil unrest, armed conflict, medical pandemic or epidemic or other biosecurity risk. Relationship with international law Under international law, rights and freedoms may be suspended during a state of emergency, depending on the severity of the emergency and a government's policies. Use and viewpoints Democracies use states of emergency to manage a range of situations from extreme weather events to public order situations. Dictatorial regimes often declare a state of emergency that is prolonged indefinitely for the life of the regime, or for extended periods of time so that derogations can be used to override human rights of their citizens usually protected by the International Covenant on Civil and Politic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unemployment Benefits In The Philippines
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is the proportion of people above a specified age (usually 15) not being in paid employment or self-employment but currently available for work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * new technologies and inventions * policies of the government * regulation and market * war, civil disorder, and natural disasters Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetary authority of a country, such as the central bank, can inf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rodrigo Duterte
Rodrigo Roa Duterte (, ; born March 28, 1945) is a Filipino lawyer and politician who served as the 16th president of the Philippines from 2016 to 2022. He is the first Philippine president from Mindanao, and is the oldest person to assume office, beginning his term at age 71. Duterte is the chairman of Partido Demokratiko Pilipino, the ruling party during his presidency. Born in Maasin, Leyte (now in Southern Leyte), Duterte moved to Davao as a child where his father, Vicente Duterte, served as provincial governor. He studied political science at the Lyceum of the Philippines University, graduating in 1968, before obtaining a law degree from San Beda College of Law in 1972. He then worked as a lawyer and prosecutor for Davao City, before becoming vice mayor and, subsequently, mayor of the city in the wake of the 1986 People Power Revolution. Duterte won seven terms and served as mayor of Davao for over 22 years, during which the once crime-ridden city became pea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fidel V
Fidel most commonly refers to: * Fidel Castro (1926–2016), Cuban communist revolutionary and politician * Fidel Ramos (1928–2022), Filipino politician and former president Fidel may also refer to: Other persons * Fidel (given name) Film * Fidel (2002 film), ''Fidel'' (2002 film), a 2002 mini-series by David Attwood about Castro * Fidel (2009 film), ''Fidel'' (2009 film), a 2009 Filipino indie film * ''Fidel: The Untold Story'', a 2001 a documentary about Castro Other uses * Fidel, the letters of the Geʽez script used in Ethiopia and Eritrea * Vielle, a musical instrument and forerunner of the fiddle * Fidel (imprint), an imprint of VDM Publishing devoted to the reproduction of Wikipedia content See also * Fidèle (other) {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
3026Fairview, Novaliches, Quezon City Landmarks Roads 22
3 (three) is a number, numeral and digit. It is the natural number following 2 and preceding 4, and is the smallest odd prime number and the only prime preceding a square number. It has religious and cultural significance in many societies. Evolution of the Arabic digit The use of three lines to denote the number 3 occurred in many writing systems, including some (like Roman and Chinese numerals) that are still in use. That was also the original representation of 3 in the Brahmic (Indian) numerical notation, its earliest forms aligned vertically. However, during the Gupta Empire the sign was modified by the addition of a curve on each line. The Nāgarī script rotated the lines clockwise, so they appeared horizontally, and ended each line with a short downward stroke on the right. In cursive script, the three strokes were eventually connected to form a glyph resembling a with an additional stroke at the bottom: ३. The Indian digits spread to the Caliphate in the 9th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ramon Magsaysay
Ramon del Fierro Magsaysay Sr. (August 31, 1907 – March 17, 1957) was a Filipino statesman who served as the seventh President of the Philippines, from December 30, 1953, until his death in an 1957 Cebu Douglas C-47 crash, aircraft disaster on March 17, 1957, the most recent Philippine president to die in office. During his term, he is regarded to be the "Golden Age" of the Philippines. An automobile mechanic by profession, Magsaysay was appointed military governor of Zambales after his outstanding service as a guerrilla leader during the Pacific War. He then served two terms as Liberal Party (Philippines), Liberal Party congressman for Zambales's Zambales's at-large congressional district, at-large district before being appointed Secretary of National Defense by President Elpidio Quirino. He was elected president under the banner of the Nacionalista Party. He was the youngest to be elected as president, and second youngest to be president (after Emilio Aguinaldo). He was t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
