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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

Marcos Jr. studying suspension of hike in PhilHealth rates premium hike

President Marcos is studying a proposal to suspend the implementation of the five percent increase in premium rates of the Philippine Health Insurance Corp.this year, Malacañang said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Unless stopped by Palace, PhilHealth premium hike proceeds

The Philippine Health Insurance Corp. has started implementing the increase in premium contributions this month, in the absence of an order from Malacañang stopping the hike......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

Government decision on PhilHealth premium hike out soon

The government will come out with a decision on whether or not to push through with the Philippine Health Insurance Corp. premium contribution rate increase “very soon,” President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

PhilHealth premium hike still under review — Palace

Communications Secretary Cheloy Garafil said President Ferdinand Marcos Jr. has yet to greenlight any increase in PhilHealth’s premium rates to ensure the fairness of any additional cost for its members......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Hindi namin magagamit : OFWs demand 5% PhilHealth premium hike scrapped

The biggest organization of overseas Filipino workers (OFWs) and migrant Filipinos slammed President Ferdinand Marcos Jr.'s administration for increasing members’ premium contribution to PhilHealth from 4% to 5% this year......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

Cebu City inflation rate stays 4.5 percent in February 2024

Cebu City inflation rate stays 4.5 percent in February 2024.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 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 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

Bill pushing P100 daily wage hike gets Senate nod on 2nd reading

MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers.  Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Premium Leisure Corp to be voluntarily delisted

The PSE suspended trading in Premium Leisure Corp yesterday after PLC’s parent company, Belle Corp., announced that it would conduct a tender offer for all of PLC’s outstanding common shares “for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC.”.....»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

The Hospital at Maayo redefines maternity care with launch of premium Maternity Service Program

The Hospital at Maayo redefines maternity care with launch of premium Maternity Service Program.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Traders, importers to buy local raw sugar at premium

Sugar traders are keen on purchasing 300,000 metric tons of local raw sugar at a premium price in exchange for getting a priority allocation in future import programs of the government......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

DOH supak sa umento sa Philhealth premium

DOH supak sa umento sa Philhealth premium.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Premium sa Philhealth misaka sa Enero 1

Premium sa Philhealth misaka sa Enero 1.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 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