You make a substantial contribution to the Philippine economy and society as overseas Filipino workers (OFWs). The Philippine government provides a range of benefits and programs to assist OFWs. These initiatives seek to give OFWs and their families financial stability and support.
We’ll talk about the OFW perks you can get in this blog.
Benefits List for OFWs
OWWA Membership
Membership in the Overseas Workers Welfare Administration (OWWA) has several advantages, including programs for education and training as well as support with livelihood and repatriation. At any POEA office, you can submit an OWWA membership application.
PhilHealth Coverage
OFWs are eligible for coverage under PhilHealth, which covers hospitalization, lab work, and other medical treatments. Before departing for a job overseas, you can enroll in PhilHealth at any Philippine Overseas Employment Administration (POEA) office.
POEA Benefits
Among the services offered to OFWs by the Philippine Overseas Employment Administration (POEA) are overseas employment certificates (OECs), which act as documents of work and offer legal and financial security. Additionally, POEA aids OFWs in cases of labor disputes or unlawful hiring.
Social Security System (SSS)
SSS members who are OFWs are eligible for several benefits, including retirement, disability, and death benefits. SSS contributions can be made through authorized banks or on the SSS website.
Pag-IBIG Fund Benefits
A government organization called Pag-IBIG Fund, also called the Home Development Mutual Fund, attempts to give Filipinos access to affordable homes. You can profit from the features provided by the Pag-IBIG Fund as an OFW by doing things like:
- Housing Loans: You can finance your dream home using one of the many housing loan packages offered by Pag-IBIG Fund. These financing programs make it simpler for you to acquire a home even if you are working overseas because they provide cheap interest rates and flexible payment schedules.
- Pag-IBIG Fund also offers savings plans that let you put money aside for the future. As a member, you are permitted to deposit a percentage of your pay into your Pag-IBIG Fund account, which has the potential to accrue interest.
- Provident benefits, such as retirement, disability, and death benefits, are available to you as a member of the Pag-IBIG Fund. In the event of unforeseen situations, these benefits could offer you and your family financial security.
You can apply for membership in the Pag-IBIG Fund in person at any Pag-IBIG Fund office or online at their website. Take advantage of these privileges as an OFW to safeguard your financial future and realize your dream of home ownership.
Please read: Top Paying Jobs for OFWs
Conclusion
This article provides a list of government benefits to hard-working Overseas Filipino Workers. Knowing all of these are very essential to them and they can fully utilize these programs for them to familiarize the established law for them.
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