Some SSS & BIR Members May Receive “Wage Subsidy” Amid COVID-19 Crisis

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“Wage Subsidy” To Be Given to Some SSS & BIR Members Amid Crisis Due to COVID-19

SSS & BIR MEMBERS – Some of the members of the Social Security System and the Bureau of Internal Revenue taxpayers may receive a “wage subsidy” amid the COVID-19 crisis.

Since the early stage of the fight against the spread of coronavirus in the Philippines, the national government placed Metro Manila under a community quarantine. Shortly, it was upgraded to an enhanced community quarantine and was extended to the entire Luzon.

Philippine President Rodrigo Roa Duterte also announced a state of calamity covering the whole country. The local government units were given permission to use some funds in helping their constituents.

Several provinces in Mindanao and Visayas also implement the ECQ. Amid the implementation, the movement of the people are limited and many businesses stopped their operation.

SSS & BIR members wage subsidy, Carlos Dominguez III
Photo: Philippine News Agency

Amid the COVID-19 crisis wherein a lot of people can’t report to work, the Department of Finance (DOF) set a “wage subsidy” program for some employees of some businesses. The target recipients are the low to medium or middle class employees.

According to DOF, those who may receive the “wage subsidy” are the SSS and BIR members and taxpayers. The subsidy may range from Php 5,000.00 to Php 8,000.00.

The said subsidy is good for two (2) months and the target recipients are the workers of some 1.6 million small businesses affected by the quarantine.

The DOF “wage subsidy” may benefit 2.6 million SSS and BIR members and taxpayers and 800,000 workers who are not totally compliant to SSS and BIR. A total of P50.8 billion is allocated for it according to DOF.

With regards to the eligibility criteria and the mechanics for the wage subsidy program, according to Finance Secretary Carlos Dominguez III, it will be announced this week.

More details may be posted soon. Thank you for visiting Newspapers.ph.

READ ALSO: SSS Unemployment Benefit – List of Requirements in Applying For It

17 thoughts on “Some SSS & BIR Members May Receive “Wage Subsidy” Amid COVID-19 Crisis”

  2. sir/maam paano ko po makuha yun chek ko sa pagibig.march 3 pa ung releasing..at kailangan ko na pera.hrap na po family ko..pagibig branch libertad.paano ko makuha

    Reply

  3. Good afternoon po ma’am,Sir
    Tanung ko lng po Kung mayron bang makukuhang ayuda Ang hog raising farm KC nahinto po ang aming mabuhay noong nag kasakit nang ASF ang mga baboy namin..
    Ito po number ko #09983405679

    Reply

  7. Sana makatanggap ako, maraming salamat poh..Eto cp # ko 09970633082 may dalawa po akung anak na maliit pa..

    Reply

  8. I am an employer of a Water refilling station in Hinabangan, Samar. Because this COVID 19 effect, the business operation has slowed down, income could not suffice its operation. Their salaries were affected. This wage subsidy would be a great help. My TIN no. is 491005029. Thank you.

    Reply

  10. Good day, tanong ko Lang po Kung kasali ba sa makakatangap Ng wage subsidy ang securityguard na tuloy tuloy Ang trabaho? Sana may sasagot sa tanong ko po maraming salamat po.

    Reply

  15. I really need financial Assistance from our SSS due of lockdown cause of covid 19 i am really short for our daily needs and for maintenance medicines…thank you in advance for the invoming Aid or Assistance from SSS….

    Reply

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