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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 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

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

272,233 vehicle registrations rushed; millions more remained delinquent

“No vehicle plate, no travel,” the Land Transportation Office warned starting Jan. 1st. Within four weeks, 272,233 delinquent registrations were renewed......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

SSS loan scam tatalupan ng Kamara

Gigisahin ng Kamara de Representantes ang mga opisyal ng Social Security System (SSS) dahil sa loan scam kung saan maraming miyembro ang pinagbabayad ng loan kahit hindi sila nag-file. The post SSS loan scam tatalupan ng Kamara first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 16th, 2024

DSWD warns 4Ps benes anew vs loan sharks, cash card pawning

The Department of Social Welfare and Development (DSWD), through the Pantawid Pamilyang Pilipino Program‘s (4Ps) National Program Management Office (NPMO), reminded all 4Ps beneficiaries to stop engaging with loan sharks or pawning their cash cards. “Nag-iispot check kami during the family development sessions na dapat dala nila [4Ps beneficiaries] ang ATM, dahil bawal yun. They […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

Argentina permitted to tap IMF bailout

The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Tech company cautions public against fake loan providers

Total Information Management Corp., a Filipino-owned technology solutions provider that offers information management services, has cautioned the public against the unauthorized and fraudulent activities using the names Tim Cash or Tim Cash Loan......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Banks’ bad loans ratio highest in 8 months

The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated interest rates......»»

Category: financeSource:  philstarRelated NewsMar 11th, 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

CARD RBI offers solar loans to combat rising power costs

For the bank, this solar loan program further defines their commitment to creating a brighter, sustainable future for everyone......»»

Category: sportsSource:  abscbnRelated NewsMar 12th, 2024

Amid crackdown, 272,233 motor vehicles register at LTO

Last January, a total of 272,233 delinquent motor vehicles underwent registration renewal at Land Transportation Office offices nationwide, amid a crackdown due to the agency’s intensified “no registration, no travel” policy......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Natakot sa LTO 32,000 DELINQUENT VEHICLE OWNERS NAGPAREHISTRO NA

  BUNGA nang mahigpit na kampanya ng Land Transportation Office (LTO) laban sa unregistered vehicles na tumatakbo sa mga lansangan,mahigit sa 32,000 may-ari na ng mga delikwenteng sasakyan at motorsiklo ang nagparehistro ng kanilang mga sasakyan sa LTO – National Capital Region (NCR) mula Enero 1 hanggang 23, 2024. Sulat ni LTO-NCR Regional Director Roque ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsJan 26th, 2024

ACEN receives $150 million green term loan from SMBC

A subsidiary of ACEN Corp. has inked a $150 million green term loan facility with Sumitomo Mitsui Banking Corp. to bankroll investments in renewable energy projects across the region......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Solar Philippines, Indonesian partner secure $14 million loan for solar farm

Solar Philippines and its Indonesian partner have secured a $14-million bank loan for the development of a 25-megawatt solar farm in Kubu District, Karangasem Regency, East Bali......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Solar Philippines, Indonesian partner secure $14 million loan for solar farm

Solar Philippines and its Indonesian partner have secured a $14-million bank loan for the development of a 25-megawatt solar farm in Kubu District, Karangasem Regency, East Bali......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024