What is SSS in the Philippines?
The Philippine Social Security System (SSS) is a social insurance program for employees in the Philippines. Founded in 1957, the SSS is a government agency that provides retirement and health benefits to all paid up employees in the Philippines. Members of the SSS can also make ‘salary’ or ‘calamity’ loans. Salary loans depend on the monthly salary of the employee. Calamity loans are for such times when there is a calamity that has been so declared by the government, in the area where the SSS member lives, such as flooding, earthquake and natural disasters.
Philippine Federal Government Employees don’t contribute to SSS instead they have their own agency called the Government Service Insurance System or GSIS.
More details on the SSS in the Philippines.
Are you setting up a new business in the Philippines? Check out PayrollHero.ph for your time, attendance, scheduling, HRIS, analytics and Philippine payroll needs.
What are the Holidays in the Philippines for 2013?
The Philippines has a few holidays that are broken up into Special and Regular Holidays. You can see the Proclamation from the President of the Philippines here.
Here are the 2013 Regular Holidays:
New Year’s Day – January 1st 2013
Maundy Thursday – March 28th 2013
Good Friday – March 29th 2013
Labor Day – May 1st 2013
Independence Day – June 12th 2013
National Heroes Day – August 26th 2013
Bonifacio Day – November 30th 2013
Christmas Day – December 25th 2013
Rizal Day – December 30th 2013
Here are the 2013 Special (Non-Working) Holidays:
Black Saturday – March 30th 2013
Ninoy Aquino Day – August 21st 2013
All Saints Day – November 1st 2013
Additional Special (Non-Working) Day – November 2nd 2013
Additional Special (Non-Working) Day – December 24th 2013
Last Day of the Year – December 31st 2013
Special Holiday (for all schools):
EDSA Revolution Anniversary – February 25th 2013
You can see the complete details of the 2013 Philippine holidays here.
Keep in mind some of the provinces, cities and towns have their own holidays so depending on where your office is will depend on if you need to observe those. (example)
Click here for more details on PayrollHero’s Philippine Payroll