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Metropolitan Life Insurance launches new life insurance product

Metropolitan Life Insurance Ghana Limited has launched a new life insurance product known as the Family Financial Wellness Plan (FFWP). The new life insurance policy is designed to provide income protection for the immediate family of the deceased breadwinners for the lives insured in the event of critical illness, permanent…
Greater Accra Justice Ofori Emmanuel Tuffuor Rita Apau Ghana News Agency National Insurance Commission

SSS reminds employers, members of payment deadline for December 2021, 4th quarter 2021 contributions

The Social Security System (SSS) reminds employers and members that the payment deadline for   December 2021 contributions of regular employers and October to December 2021 contributions of household employers; self-employed, voluntary, non-working spouse (SE/V/NWS) members; and Land-based Overseas Filipino Worker (OFW) members is on January 31, 2022. SSS President…
Philippine Islands Philippines General Aurorac Ignacio Savings Program Viber Community Social Security System

Penalties await late SSS payments due Jan. 31

Aurora C. Ignacio, president and CEO of the Social Security System (SSS), said penalties await employers and members for late payment for the December 2021 contributions of regular employers and the October to December 2021 contributions of household employers, self-employed, voluntary, non-working spouse (SE/V/NWS) members and land-based Overseas Filipino Worker…
Philippine Islands Philippines General Usssap Tayo Aurorac Ignacio Savings Program Viber Community

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Resumption of the Annual Confirmation of Pensioners Program

Recently, I received some feedback from our members about the timeliness of the receipt of their benefits and how grateful they were that they can receive social security benefits during these challenging times. I am happy that we are exceeding our members’ and pensioners’ expectations on how their years of…
Juan Dela Cruz Juane Dela Cruz Foreign Representative Office International Operations Group Services Section Contact Services Section

Reserving 101 For Workers Compensation Claims

05/26/21 Michael Stack Reserving workers compensation claim files is the art of predicating the financial cost of the claim and setting aside monetary values to cover payments until closing. Unlike other types of casualty losses, many factors are known very early in the workers compensation claim handling process. Known Factor Examples: The benefit payments are set by statute and state mandate with minimum and maximum values. These are published and adjusted annually. For example a temporary to...
Workers Compensation Factor Examples Total Disability Permanent Total Wage Losses Death Benefits

Ohio Injured Workers Cannot Reject Valid Light-Duty Offers

Wednesday, January 20, 2021 In the state of Ohio, a light-duty job offer is a strategic way to either bring an injured worker back to the workforce or bar temporary total compensation, should the injured worker reject a valid offer. Either way, it can aid employers in eliminating, minimizing, and/or stopping temporary total disability compensation from being paid in a claim.  The Ohio Revised Code prohibits payment of temporary total compensation when work within the employee’s phy...
United States Industrial Commission District Court Ryan Alternative Staffing Inc Ohio Revised Code Ohio Administrative Code

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