So, you decided to stay loyal to your company until retirement? Ever wonder how much will you get from your company once you retire? According to RA 7641 the Philippines has an existing law that requires the payment of a minimum retirement benefit, which is equivalent to a little more than 70% of monthly…
Tag Archives: company
Is Employer Sponsored Life Insurance Enough?
My employer provides me life insurance coverage, is that enough for me? In the Philippines, Life insurance benefit from companies is not usually required by the government. But if your company is wise enough, it is a risk mitigating tool they can use in order to decrease the operational cost if something happens to their…
