Benefits Not Required by Law Some non-required benefits include certain forms of supplemental insurance, life insurance, retirement savings plans, dental and vision care, wellness programs, and some salary perks.May 27, 2019
Legally required benefits. The grouping includes Social Security, Medicare, federal and state unemployment insurance, and workers' compensation. These benefits are affected by federal and state laws.
Mandatory Benefits: Certain other benefits, including Social Security, unemployment insurance, workers' compensation, and family and medical leave, are mandatory under federal or state law.
SSS benefits cover illness, maternity needs, retirement, disability, death, and pensions. The current contribution rate is 11% of the monthly salary capped at Php 16,000. Employers contribute 7.37% of the amount each month; employees cover the remaining 3.63%.Sep 21, 2017