The benefits are also excluded in the computation of the P30,000 ceiling of ‘other benefits’ which are exempt from income tax. This means that ‘de minimis’ benefits are neither subject to ...

Participants can increase the take home pay of their workers by designing their compensation structure to maximize the use of de minimis benefits, fringe benefits, other benefits, optimizing the ...

The Pension Benefit Guaranty Corporation (PBGC) has issued two proposed rules related to benefit payments. One addresses Benefits Payable in Terminated Single-Employer Plans and Allocation of Assets ...