do you have a SSS?
By ckyera
@ckyera (17332)
Philippines
June 4, 2009 11:13am CST
social security system, do you have it? are you active on paying your contributions? is it really important to have one?
me i already have but since i stopped working i also stopped paying my contributions...:-(
i'm planning to continue paying but under a self employed category because i think its somehow important to have it activated again...
what do you think? how about you? do you think its important to have this SSS? or GSIS for some...
thanks and have a nice day! :-)
3 people like this
5 responses
@kun2349 (23381)
• Singapore
13 Jul 09
HEllo, i'm here to help u break your 0 responds post.. haha =D
In order to understand the post, i need to know what' SSS, or social security system?? What is it actually?? Is it something like insurance?? If not, then i wont have any idea upon it..
BEcause i dun remember paying for it in singapore and i dun think we even have such a thing.. haha =D How does it work?? If u activated it under self employed, wont it mean that u have to pay more?? hehe ^_^
PLease enlightened me here
@ckyera (17332)
• Philippines
13 Jul 09
hahaha...you make me laugh in responding in this discussion i already forget! hehehe
social security system yes, i think i better put it in Philippines category since it is common especially for those who are employed in private companies... government employees have their GSIS.
this sss payment is deducted for every employees every month from their salary and after how many months of payment in contribution, members can get a loan from there...
if you are self employees i think the contribution is lower, well depends on you income i guess...
1 person likes this
@kun2349 (23381)
• Singapore
13 Jul 09
Oh, i see it now.. It's just like in singapore, whereby we have CPF.. It's a form of savings actually, but we can only use it after we reach the age of 55.. haha =D A certain amount will be deducted from our pay every month and we wont be able to withdraw it at all, till 55 years old.. hehe ^_^
As for self emplyed personnel here, it depends on how much we wanna put in, as it will affect how much we pay for income tax.. haha =D
Well, there are a few more coming, and i'm gonna break 'Hatch all your eggs".. lol =D
@kun2349 (23381)
• Singapore
13 Jul 09
lol =D Why are u blushing?? hehe ^_^
Well, at the age of 55, we will be able to get the money.. BUt our retirements age is at 62 instead.. haha =D So evne when we reach 55 and able to get some money out, but we still need to have a minimum sum inside the account to see us thru our retirement days, which will be given out monthly.. haha =D
BUt no matter what, we can loan it even though we are still paying for it every month.. hehe
@neildc (17239)
• Lapu-Lapu City, Philippines
25 Jul 09
Hi ckyera. I have both GSIS and SSS. I started earning money in my twenties and SSS is one of the requirements for employment. Until The time I resigned from that private firm, I continue paying for my SSS. When I got my appointment in the government, my agency automatically applied for my GSIS. So as of today, I have two insurance provider that I can get when I reach the retirement period.
@neildc (17239)
• Lapu-Lapu City, Philippines
25 Jul 09
Yes my friend, I already have it... By the way, when I resigned from the last company that I worked with, I continue paying my contributions to SSS and also changed my employment status to self-employed. A friend of mine had told me to keep paying for my contributions until I reach certain number of months necessry to avail of the retirement benefits once I reach to specified age. I think I'm a little short of 3 months only and I can already stop paying.
@JOIEMARVIC (2335)
• Philippines
27 Jul 09
Yes I do have a sss account and i am paying it, well my company is paying it religiously every month. I feel that it is necessary to have an sss insurance. its an insurance, you will definitely get your money back once you retire and you can also get loans from them. so having this insurance is a really necessity for everyone.
@ckyera (17332)
• Philippines
2 Aug 09
yes i agree with you that somehow its really important...so that we can have something to expect when we retire...
well if we are employed there's no problem in paying it coz the company automatically deducted it from the salary...and i am like that before, but now since i am no longer working, i have stopped paying it, but i am planning to continue it again as self employed...
thanks!
@shibham (16977)
• India
2 Aug 09
hi ckyera. i am too late to this discussion. my state is assam(india). here in assam some groups of unemployment groups performing some activities in favor of social development like reconstruction, banking, planting, fisheries and a lot. these groups are called self help groups. for u i am sending link.
Self-help groups changing face of rural Assam
Assam Small Farmers Agri-Business Consortium
@LetranKnight25 (33121)
• Philippines
25 Jul 09
I have a SSS or Social Security Service e1 form but am afraid don't have ecard. i don't have and don't need for GSIS because i don't work for the Government. and only those who work for the Government can have GSIS. it's important to have SSS or GSIS because you can have something in return..