Reaction to the Pinay Investor post regarding ANC's coverage on maximum vs minimum SS contributions

Boy.  That post makes all the individuals in SSS seem  blind, deaf, and dumb. While there may be people there who fit this description, not all of them are bdd

First of all, abrupt increases are not allowed, while payments may be accepted, remember - accept monies, always - BUT when a claim is adjudicated, the member might find his abrupt increases disallowed and given merely a refund, and given a small pension amount.  This would just be right and proper, for his attempts to fool SSS.

First of all, how does this hypothetical person know he will live long enough to get his pension?
What if the member dies before age 55?  His beneficiaries will only get minimum benefits.  What if the member experiences illness or disability - this would depend  on his current MSC, as well as his CYS, to use SSS parlance.

So this system of paying minimum, then opting for sudden increase is NOT a correct strategy.  It can backfire when a member needs money most - in contingency cases.

So, those who attempt to cheat SSS, beware ......
   unless you are in collusion with an SSS employee

Happy Birthday to Horace T. Templo

Happy Birthday to Horace Templo from all of us -

do you like cats? a Colossal look at them

Cats.  Independent. Snotty. Prideful.
and Lovely.

Click and take a look

Clarification On SSS LOANS

People keep asking about loans and loan interest
and i have heard the media hype about it too

All you have to do is - find out how much your net proceeds are and how much is your amortization,

Right now there are only 2 amounts for salary loan
1 month for those with 36 months contribs
2 months for those with 72 months contribs

NO OTHER AMOUNT. so dont ask how much your 5th loan is. okay
the number of times you borrow is moot

Leonard Nimoy - SPOCK

i was a fan.  to me,  Leonard Nimoy was Spock.
enigmatic. calm. cool. collected.  stoic, even.

I liked his poetry.

He was the epitome of Star Trek

I found out about his death whilst i was waiting for my blood extraction at NKTI last Saturday am
the lady beside me was surfing the net using her Dad's tablet (who was also waiting to have his blood extracted) and told him - Nimoy has died .... of COPD.  It was 27 February 2015 in LA, CA

Nimoy will be missed.  i last caught him in one of Oprah's shows.....

click here for funeral news

A Goodreads quote on Reading

Reading is one of my favorite things. Better than TV and better than the movies.  To me, at least. -  Always Better.  Imagination tops any effects.

The more that you read, the more things you will know. The more that you learn, the more places you'll go. 

Dr. Seuss

Theodor Geisel (born March 2, 1904), a.k.a. Dr. Seuss, acquired his pseudonym as a student at Dartmouth. He was caught drinking with friends and, as punishment, was forced to drop out of his extracurricular activities. That didn't stop him from continuing to write for the campus humor magazine using his mother's maiden name, Seuss.