The Ultimate Guide to Philippine Statutory Benefits in 2026

When hiring in the Philippines, understanding the statutory benefits is not just a legal requirement but a cornerstone of employee satisfaction and retention. In 2026, several updates have been implemented to the social security and health insurance systems.

1. Social Security System (SSS)

The SSS provides private-sector employees with protection against disability, sickness, maternity, old age, and death. In 2026, the contribution rates have been adjusted to reflect the current economic climate.

2. PhilHealth

National health insurance is mandatory. Employers must ensure that their Filipino staff are covered for medical expenses. The recent expansion of coverage includes more outpatient services and mental health support, making it more valuable than ever for remote workers.

3. Pag-IBIG Fund

Also known as the Home Development Mutual Fund (HDMF), this provides housing loans and savings for employees. For remote talent, this is a significant long-term benefit that fosters loyalty.

By partnering with an EOR like My Global Connection, you can ensure that all these benefits are managed seamlessly and compliantly.