It’s still not as good as its counterparts in “first world” countries, but a membership to the Philippines’ Social Security System is still a handy thing to have.
Aside from providing a much-needed safety net in case of emergency, SSS — through its loans — also provides financial assistance for a variety of needs. If you think it’s time to move out of your parents’ house and into your own abode, for example, the SSS Housing Loan is your best bet.