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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 Surpass 2023 Revenue Target by 9.5%

The Social Security System (SSS) said it surpassed its revenue target for 2023, the highest revenue ever recorded according to SSS Chief Executive Officer Rolando Ledesma Macasaet. In a press release, SSS said they had initially set the revenue target for last year at Php330 billion but have achieved 9.5% more or Php362.20 billion. “Our […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 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

SC ruling favors spouse in pension case

Should a spouse who marries a member of the Social Security System after the latter suffers a total and permanent disability qualify for a survivorship pension? Or should a provision of the social security law that says only the primary beneficiaries ‘as of the date of disability’ shall be entitled to receive a monthly pension prevail?.....»»

Category: newsSource:  philstarRelated NewsFeb 17th, 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

FACT CHECK: P20K automatic monthly pension for senior citizens false

A YouTube channel, Tita Kitkat TV claims that the government will now provide an automatic P20,000 monthly social pension for all senior citizens......»»

Category: newsSource:  davaotodayRelated NewsApr 9th, 2024

Indigent seniors’ monthly social pension now P1,000

The long wait is over for indigent senior citizens as they can receive a monthly social pension of P1,000 starting February, the Department of Social Welfare and Development said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 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

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

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 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 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

DBM releases P49.8 billion social pension for indigent seniors

The Department of Budget and Management has released nearly P50 billion in social pension for more than four million senior citizens in the country......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Recto backs MUP pension for new entrants only

Finance Secretary Ralph Recto is pushing for changes in the pension scheme of military and uniformed personnel (MUP), but only for new entrants, in yet another deviation from his predecessor......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Why I wish I could see ‘Stuck in Love’ for the first time all over again

Why I wish I could see ‘Stuck in Love’ for the first time all over again.....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

China urges ROK to stay prudent on South China Sea issue: Chinese FM

BEIJING, March 28 (Xinhua) -- China urges the Republic of Korea (ROK) to stay prudent when it comes to the South China Sea issue, Chinese foreign ministry spokesperson Lin Jian said on Thursday. Lin made the remarks at a regular press briefing when responding to a media query about ROK Foreign Ministry Spokesperson's biased and unfactual comments on the South China Sea issue over the past few days. "China.....»»

Category: newsSource:  manilanewsRelated NewsMar 28th, 2024

Shaira takes down Selos following copyright issue over Lenka song

Mindanao-based singer and "Queen of Bangsamoro Pop" Shaira Moro has taken down her viral song "Selos" on all streaming platforms after a copyright issue was raised......»»

Category: entertainmentSource:  philstarRelated NewsMar 20th, 2024

Marcos defends VP Sara’s silence over West Philippine Sea issue

Marcos defends VP Sara’s silence over West Philippine Sea issue.....»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024