My father-law and mother-in law both paid into the sss system.
both past away aged 67. So I doubt it they got their monies worth
Best Posts in Thread: QUESTION: Philippines Retirement Pension for Filipino Wife
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jimeve DI Forum Luminary Highly Rated Poster Showcase Reviewer Veteran Army
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Brian Oinks That's Mr. Pig to you Boy! :) Highly Rated Poster
You are correct, I do receive payment outside of Australia, however it is a basic Pension paid at a Single Rate of payment. We could live in Australia but going there just to give her Welfare Benefits (like the majority of Muslim Refugees do who go there) or a low Income job with no family or friend support, I do not like the idea of. IMHO Australia is slowly going down the shyte chute like other Western countries and if we can pull it off here I feel she has a broader list of options here rather than abroad. She also feels the same way. Maybe one day my health may dictate that we go to Oz but I know living there, even the thought of it depresses the hell out of me!-
Informative x 2
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I didn't say anything about the West. However, if I could stop paying into the US SS and start putting that money into my own savings and investment accounts I absolutely would. If the much less corrupt Western countries can barely (debateable) manage a SS program what makes anyone think that the Philippines could? Where I think the Philippines actually does a much better job is by making it optional for its citizens. Give it time, I'm sure the new nanny state (communist sympathizers) will eventually get ahold of that program and make it mandatory.
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Agree x 2
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