In the Philippine setting, pre-nuptial agreements are entered into by newly-wed couples in order to better determine the ownership of all the properties acquired before and after the marriage.
The Philippine Social Security System
The Social Security System of the Philippines was established by virtue of Republic Act 8282, also known as the Social Security Act of 1997. It aims to “establish a provident fund for the members which will consist of voluntary contributions of employers and/or employees, self-employed and voluntary members and their earnings, for the payment of benefits to such members or their beneficiaries, subject to such rules and regulations as it may promulgate and approved by the President of the Philippines.
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