TAX NOTES

Employees’ monthly compensation pension

IN RESPONSE to the protection of rights and continuous development of the welfare of occupationally disabled workers, the Social Security System (SSS) issued SSS Circular 2018-023 to inform all employees’ compensation (EC) pensioners of their entitlement to additional benefits, as summarized below:



SSS further advises that the application of increase will be as follows:



Please be guided accordingly.

SOURCE:

P&A GRANT THORNTON

Certified Public Accountants

Punongbayan & Araullo (P&A) is the Philippine member firm of Grant Thornton International Ltd.

 

 

 As published in SunStar Cebu dated 11 December 2018.