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  2. Labor policy in the Philippines - Wikipedia

    en.wikipedia.org/.../Labor_Policy_in_the_Philippines

    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 ...

  3. Labor Code of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Labor_Code_of_the_Philippines

    The thirteenth month pay is exempted from being taxed by the government. The photo below is from the Department of Labor and Employment, which shows the computation of a hypothetical thirteenth month pay. Retirement pay Hours of work. Normal hours of work Article 83 and 84 of the Philippine Labor Code, Overtime work

  4. Social Security System (Philippines) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_System...

    www .sss .gov .ph. The Social Security System ( SSS; Filipino: Paseguruhan ng Kapanatagang Panlipunan) 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.

  5. Retirement 2022: IRS Announces New COLA Guidance, 401(k) and ...

    www.aol.com/retirement-2022-irs-announces-cola...

    The Internal Revenue Service recently announced that the amount individuals can contribute to their 401(k)s in 2022 has officially increased to $20,500. This is a $1,000 increase from 2021 and ...

  6. Bagong Pilipinas (campaign) - Wikipedia

    en.wikipedia.org/wiki/Bagong_Pilipinas_(campaign)

    Bagong Pilipinas ( transl. New Philippines) is the campaign rally of the presidency and administration of Bongbong Marcos, which focuses on an all-inclusive plan for economic and social transformation. After the issuance of Executive Order No. 14 (s. 2023) and the classification of the Pambansang Pabahay Para sa Pilipino as a national program ...

  7. Retirement Savings: 401(k) Contribution Limits Are ... - AOL

    www.aol.com/finance/retirement-savings-401-k...

    New rules unveiled last year will let you contribute an extra $1,000 to your 401(k) plan in 2022, and there's no time like the present to begin boosting the amount you put in. See: The Pension Is ...

  8. Private Sector Advisory Council - Wikipedia

    en.wikipedia.org/wiki/Private_Sector_Advisory...

    The Private Sector Advisory Council (PSAC) is a Philippine government advisory council that offers guidance to the President of the Philippines in supporting the achievement of the country's economic objectives. Established by President Bongbong Marcos on July 13, 2022, the council primarily aims to assist the government in various key areas.

  9. 19th Congress of the Philippines - Wikipedia

    en.wikipedia.org/wiki/19th_Congress_of_the...

    The 19th Congress of the Philippines ( Filipino: Ikalabinsiyam na Kongreso ng Pilipinas ), composed of the Philippine Senate and House of Representatives, convened on July 25, 2022. The 19th Congress is meeting during the first three years of Bongbong Marcos's presidency, and will end on June 6, 2025. The convening of the 19th Congress followed ...