All Articles With Category : Government Services

The latest and the best financial news, tips and tricks.

Quick Guide to Pag-IBIG Salary Loan Application [Updated]

When you land your first job, your employer will hand you documents that will allow you to enroll with PhilHealth, SSS, and Pag-IBIG. While PhilHealth is your basic medical insurance provider, and the SSS identifies you as a private employee (alongside your Tax Identification Number from the BIR), the Pag-IBIG Fund is your gateway to […]

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How Much Will You Get from the SSS When You Retire?

If you aren’t already investing or increasing your retirement savings, now is the best time to do so. You may think that your SSS retirement benefits will be enough to cover your needs for when you retire, but they will never be. You shouldn’t rely on just the SSS pension. The government agency’s fund life […]

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5 Balikbayan Travel Tips to Remember When Spending Holidays in the Philippines

Flying home to the Philippines soon? Looking forward to reuniting with your loved ones to celebrate the holidays? As the excitement for your homecoming builds up, so is the stress that comes with all the preparations. With all the things balikbayans have to take care of before the trip back home, it’s easy to forget […]

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Makati Subway: Everything to Know About Makati's Biggest Project

Do you live or work in Makati? Expect big changes when the Makati Public Rail Transport (PRT)—better known as the Makati Subway—becomes operational in five years. The 10-kilometer Makati PRT will be the first intracity subway system in the Philippines. What’s in store for residents and employees in the country’s premier business district? Let’s explore […]

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Pag-IBIG MP2 vs. SSS PESO Fund: Which is the Better Government Savings Program for You?

Choosing between the Pag-IBIG MP2 and SSS PESO Fund to start saving money? Learn about their similarities and differences to come up with a wise decision. To encourage their members to save and earn additional income, the Pag-IBIG Fund and SSS offer their respective voluntary savings schemes, the Modified Pag-IBIG II (MP2) Program and the Personal […]

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The Complete Guide to Claiming Your Pag-IBIG Contributions

You’ve diligently paid your Pag-IBIG contributions throughout your entire career. And now, you think it’s time to get your investment back. How to claim Pag-IBIG contribution, you wonder. Read on this guide to know the proper way to withdraw your savings. When Can You Withdraw Pag-IBIG Contributions? But first, it’s important to confirm first if […]

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4 Compelling Reasons to Get Life Insurance for OFW

Do you know who needs life insurance the most? Yes, it’s you who have to endure homesickness and loneliness working abroad to give your family a better future. If you still can’t see the point in paying premiums, consider the real-life story of a fellow OFW. Remember the news about Joanna Demafelis, a domestic helper […]

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What is Universal Health Care Bill and How Will It Benefit Us?

The Senate recently approved the Universal Health Care Bill. Should we care about it? Of course! Health care costs in the Philippines are getting more expensive. In fact, our country has the highest medical inflation rate in Asia at 13.1% in 2018, based on a Mercer Marsh Benefits survey. This is twice as high as […]

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SSS Retirement Benefits: An Easy Guide to Claim Your Pension

The SSS retirement pension is always an emotional topic for retirees. It’s perfectly understandable—you’ve worked 40 years of your life and paid your SSS contributions without fail. It’s only fair to receive a pension that’s commensurate with the money and years of labor you’ve invested. But alas, it isn’t the reality for retirees in the […]

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Postal ID Application in the Philippines: 6 Common Questions Answered

Got rejected for a bank or government service because you lack a valid ID? Don’t worry. There’s a quick and convenient way to get a valid ID: apply for a postal ID issued by Philippine Postal Corporation (PhilPost). The government has not yet started issuing the national identification card, and the Comelec has stopped issuing […]

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What Benefits Can Senior Citizens Enjoy in Your City?

Did you know that Filipino senior citizens who reach 100 years old receive a one-time PHP 100,000 cash gift? The Centenarians Act of 2016 (Republic Act 10868) mandates this cash incentive on top of senior citizen discounts and benefits under the Expanded Senior Citizens Act of 2010 (Republic Act 9994). Also, indigent senior citizens receive […]

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Balik Manggagawa OEC Exemption: Step-by-Step Guide for Returning OFWs

Your time here in the Philippines while on vacation from your overseas job is too precious to waste on getting an Overseas Employment Certificate (OEC)—which can last for an entire day. Did you know that you could save time by getting a Balik Manggagawa OEC exemption? Yes, you read that right. Returning OFWs aren’t required […]

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Paternity Benefits in the Philippines: What Expectant Fathers Must Know

Expecting your baby soon? Your role as a father is crucial from the moment you learn about your wife’s pregnancy, more so during and after childbirth. You have to give her your time and support every step of the way—on top of working hard to provide for your new family. Such a great responsibility, huh? […]

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A Quick Look at the New and Improved SSS Member Portal

Any SSS member knows how excruciatingly frustrating it is to use the SSS online service portal. Good thing, it recently got its much-needed upgrade. In August 2018, the Social Security System (SSS) launched My.SSS Beta, an updated version of the old portal that’s notoriously slow at best and non-responsive at worst. Through the My.SSS Beta […]

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Looking for Work Abroad? 4 Ways to Find Legitimate OFW Recruiters

Despite laws protecting the rights of Overseas Filipino Workers (OFWs), many of them still fall prey to illegal recruiters and end up exhausting their savings without landing an overseas job. Trying to find work abroad? Are you sure you’re dealing with a legitimate recruitment agency? Apply only through a recruiter licensed by the Philippine Overseas […]

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National ID System in the Philippines: The Good and the Bad

Are you in favor of the national ID law? The latest SWS survey results show that majority of Filipinos (73%) support the national ID system. However, there are fears about the system’s implications, particularly in terms of data security and privacy. How will the new law affect Filipinos? Should you be worried? MoneyMax.ph explores the […]

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Need a Birth Certificate? Here's Your Guide to NSO Online Services

Too busy to go personally to a Census Serbilis Center to apply for an NSO certificate? A convenient alternative to a walk-in application is using the NSO online services to get a copy of birth certificate, marriage certificate, death certificate, or Certificate of No Marriage Record (CENOMAR). Through an NSO online application, you can skip […]

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Is PERA a Good Investment for Retirement?

The problem with retirement planning in the Philippines—aside from the lack of it—is the limited investment choices available for Filipinos who want to save up for when they retire. Addressing that challenge, the government offers PERA as an additional source of retirement income to help Pinoys achieve a comfortable and financially secure retirement. Will a PERA […]

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How to Apply for the SSS Loan Restructuring Program

Got an SSS loan you haven’t paid for years? Consider applying for the SSS Loan Restructuring Program—this can definitely help you settle your overdue loan. Here’s everything you need to know about SSS loan restructuring in the Philippines. What is the SSS Loan Restructuring Program? The Loan Restructuring Program (LRP) allows Filipinos with unpaid SSS […]

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A Commuter's Guide to P2P Bus Services in Metro Manila

If you’ve been working for years in Metro Manila, you know only too well the horrors of commuting in a huge parking lot that is EDSA. The horrible traffic and jam-packed MRT and buses make you wonder what you’ve done to deserve such an ordeal. Fortunately, there’s an easier, faster, safer, and more comfortable alternative: […]

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