Resource
Philippines: Provision of social security for overseas Filipino workers
Resumen
The document presents a new programme launch in The Philippines. The country is the largest labour sending country in Southeast Asia with 8 millions Filipinos living abroad. Thus, providing social protection for Overseas Filipino Workers during their working life but also during retirement is a major challenge. One of the main providers of Social Protection, SSS, signed a Memorandum of Agreement that will systematize voluntary social security coverage, especially through the Flexi-Fund Programme, a provident fund type of scheme featuring flexible payment terms and easy withdrawal of savings.