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Cebu
Friday, October 22, 2021
CEBU

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.

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