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Retirement Benefit Remains the Most Availed SSS benefit reaching P156.7 B in 2023

The Social Security System (SSS) said it released P156.7 billion in retirement benefits to 2.2 million members in 2023 making it the most availed SSS benefit last year. SSS Vice President for Benefits Administration Division Joy A. Villacorta said that of the 4.7 million benefits disbursed to pensioners, members, and their beneficiaries in 2023, nearly […].....»»

Category: newsSource:  metrocebuRelated NewsMar 16th, 2024

SSS net income soars to all-time high of P83B in 2023

MANILA,  Philippines  —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target  of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»

Category: newsSource:  inquirerRelated NewsFeb 25th, 2024

GSIS non-life insurance premiums hit record high P9.8 billion in 2023

State-run pension fund Government Service Insurance System saw its collection of non-life insurance premiums rise to an all-time high of P9.8 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

SSS softens approach vs. delinquents

SSS softens approach vs. delinquents.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Village officials to be enrolled with SSS

Village officials to be enrolled with SSS.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

SSS pushed P300 million into REITs in Q4

Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

FACT CHECK: SSS has no ongoing scholarship program

The Social Security System warns the public about fake posts bearing the agency’s logo that contain suspicious links promoting an alleged scholarship program.....»»

Category: newsSource:  rapplerRelated NewsMar 1st, 2024

Mining firm pinagmulta ng P560M

Higit P560 milyon ang multang kailangang bayaran ng isang mining firm dahil sa hindi awtorisadong pagtrade ng mga unissued at unlisted shares mula 2015 hanggang 2019. The post Mining firm pinagmulta ng P560M first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 16th, 2024

Solon wants to pause PhilHealth contributions for minimum wage earners

A lawmaker is seeking a temporary suspension of the PhilHealth premium contributions for minimum wage earners to utilize the unspent funds of the state insurer to subsidize the premiums of low-income individuals......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Group seeks suspension of PhilHealth premium hike

With the financial difficulties that workers continue to face, the labor group Federation of Free Workers is seeking suspension of the increase in premiums for the Philippine Health Insurance Corp. or PhilHealth this year......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Microinsurance premiums up 20 percent

Insurance contributions from low-income Filipinos amounted to P10.2 billion from January to September 2023, up by nearly 20 percent from P8.49 billion in the same period a year ago, according to the Insurance Commission......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

SSS savings scheme hits P80 billion

The savings scheme of state-run pension fund Social Security System has collected P80 billion from six million members who are looking for additional investment channels......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

SSS targets 20% profit hike to P100 billion

State-run pension fund Social Security System is expecting at least a 20-percent hike in its bottomline to breach the P100-billion mark this year on increased investment returns and enhanced collection efforts......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Negosyanteng intsik  inirereklamo ng mga empleyado

Isumbong mokay DRAGON LADYni Amor Virata INIREREKLAMO ng may 11 empleyado ang JUJU Mart na matatagpuan sa Chino Roces Ave., Makati City dahil sa kawalan ng benepisyo gaya ng Social Security System (SSS) na dapat ay ipinagkakaloob sa kanila. Pag-aari umano ito ng isang Intsik. Ilan sa empleyado ay matagal nang nagtatrabaho sa Juju Mart ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsMar 11th, 2024

SSS releases P257 billion in benefit payments

State-run pension fund Social Security System released P257.4 billion in benefit payments to 4.7 million members last year......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

SSS offers loan condonation program

State-run pension fund Social Security System has called on its members with unsettled loans to avail themselves of the agency’s condonation program and clear out their obligations......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

SSS surpasses 2023 target

State-run pension fund Social Security System saw its net income reach a record P83 billion in 2023 on the back of the mandatory contribution hike and the increase in new members......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

SSS revenue soars to P362 billion in 2023

The mandatory contribution hike and the increase in new members boosted the revenues of state-run pension fund Social Security System to P362 billion last year......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

PMPI Issues Urgent Warning against Alleged Manipulation of People s Initiative for Constitutional Amendments

Philippine Misereor Partnership Inc. (PMPI) expresses alarm over reports that a campaign to amend our Constitution through the people's initiative has begun.Various accounts have alleged that payment or aid is being used to lure people to sign documents to push for the so-called charter change through a people's initiative. Worse, there are reports that local government officials have facilitated these alleged c.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

PMPI Issues Urgent Warning against Alleged Manipulation of People s Initiative for Constitutional Amendments

Philippine Misereor Partnership Inc. (PMPI) expresses alarm over reports that a campaign to amend our Constitution through the people's initiative has begun.Various accounts have alleged that payment or aid is being used to lure people to sign documents to push for the so-called charter change through a people's initiative. Worse, there are reports that local government officials have facilitated these alleged c.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024