What other statutory benefits are available in the Philippines, excluding health and pension benefits, bonuses, additional salaries, and allowances?
In the Philippines, supported employees are entitled to several statutory benefits beyond health insurance and social security. These benefits include:
- Registration with the Social Security System (SSS) for benefits covering sickness, maternity, disability, retirement, and death.
- Access to The Home Development Mutual Fund, also known as Pag-IBIG (Pagtutulungan sa kinabukasan: Ikaw, Bangko, Industriya at Gobyerno) Fund. This government-managed savings program and housing finance system assists members by allowing them to save a portion of their income while offering financial assistance for housing and other needs.