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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

Australian retiree gets life for rape

An Australian man, who has been permanently residing in the Philippines since 2011 under a special resident retirement visa, was meted a life term for raping a Filipina in 2013, the Department of Justice said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 5th, 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 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

Study says since 1979 climate change has made heat waves last longer, spike hotter, hurt more people

Climate change is making giant heat waves crawl slower across the globe and they are baking more people for a longer time with higher temperatures over larger areas, a new study finds. Since 1979, global heat waves are moving 20% more slowly — meaning more people stay hot longer — and they are happening 67%.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

House panel probes PUVMP agencies

Claiming that the government’s public utility vehicle modernization program is going nowhere, House of Representatives transportation committee chair Rep. Romeo Acop has launched an investigation into the financial statements of the government agencies implementing the PUVMP......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

GSIS earmarks P44 million for emergency loans

State-run pension fund Government Service Insurance System has allocated P44 million in emergency loans to members and pensioners affected by the heavy rainfall in Camarines Norte......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

House: PUVMP a headless chicken

Yesterday started its inquiry into the public utility vehicle modernization program, which committee chair Rep. Romeo Acop likened to a “headless chicken.”.....»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Marcos signs expanded Centenarian Law 

President Ferdinand Marcos Jr. signed into law Republic Act 11982 on Monday granting benefits to octogenarians and nonagenarians. The law covers Filipinos residing in the Philippines or abroad......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

DSWD, Ibajay LGU build Child Development Center for kids of ex-rebels

The Department of Social Welfare and Development (DSWD) and the Ibajay local government unit (LGU) have initiated the construction of a Php1.7 million-worth Child Development Center (CDC) in Barangay Cabugao, Ibajay in Aklan province that will benefit the children of former rebels now residing in the resettlement site. DSWD Undersecretary for Inclusive-Sustainable Peace and Special […].....»»

Category: newsSource:  journalRelated NewsFeb 25th, 2024

Korean national nabbed for alleged rape

CEBU CITY, Philippines – A 38-year-old Korean National landed in jail after being accused of raping a woman he allegedly brought to eat inside his apartment on early Monday morning, February 5, 2024. The suspect was identified as Kim Sunmin, 37, who is currently residing at an apartment complex in Barangay Kasamabagan, Cebu City. Meanwhile,.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Michael, Carissa ng ‘Us The Duo’ hiwalay na: ‘We’re no longer married’

“THE two of us are no longer married.” ‘Yan ang kinumpirma nina Michael Alvarado at Filipino-American Carissa Alvarado, ang couple na bumubuo sa folk duo na “Us The Duo,” sa ibinandera nilang announcement sa Facebook page noong March 29. “Us The Duo was created back in 2012 as a place for us to share our.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

MVP ­­wants longer contract period for MRT-3

One of the potential bidders for the privatization of the Metro Rail Transit Line 3 wants the government to award a new concession with a service contract longer than 15 years......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Bea Alonzo no longer wearing engagement ring from Dominic Roque

Upon closer inspection into photos Philstar.com took at the event, Bea was photographed no longer wearing the engagement ring she received from her fiancé Dominic, when the businessman and content creator proposed to her in Las Casas FIlipinas de Acuzar last July 18......»»

Category: entertainmentSource:  philstarRelated NewsFeb 7th, 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