I’m glad that the recession is over, as far as I believe. In fact, the recession was in the United States and some countries abroad yet we just got affected in some business here in the Philippines. That sometimes we really don’t know if it is just an alibi for cost cutting of companies and the downfall will be on their employees. I hope that won’t happen again.
And speaking of the downfall, we should have a backup on that. As employed individual, you must be aware of basic and mandatory benefits we need in working for our employer. We must have, just in case, social security disability benefits, medical assistance, etc. that are most important in time of needs. So, all you out there after reading this blog must check with your pay slips if you’ve been deducting contributions with these to claim in the future.