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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

Why did the Philippines reactivate its military counterintelligence group? 

The group's mission includes counter-destabilization, counter-infiltration, counter-espionage, and counter-sabotage.....»»

Category: newsSource:  rapplerRelated NewsJan 20th, 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

Lapu-Lapu demolition victims receive cash assistance from LGU

LAPU-LAPU CITY, Cebu — Around 318 families, who were victims of demolitions last year, received financial assistance from the Lapu-Lapu City Government on Wednesday, February 21, 2024. Of the said number, 214 families received P21,000 each, while 104 families received P20,000 each. Lapu-Lapu City Mayor Junard “Ahong” Chan said that this was in line with.....»»

Category: newsSource:  inquirerRelated NewsFeb 23rd, 2024

DSWD aids fire-hit families in various regions in collab with concerned LGUs

Families affected by recent fire incidents in the different regions in the country have been assisted by the Department of Social Welfare and Development (DSWD) in line with its mandate to serve families and individuals in difficult circumstances, the agency spokesperson said on Tuesday (February 13). DSWD Asst. Secretary for Strategic Communications Romel Lopez said […].....»»

Category: newsSource:  journalRelated NewsFeb 13th, 2024

P3-M damage reported in school building fire

The Davao City Police Office (DCPO) reported a devastating fire at F. Bustamante National High School in Tibungco, Davao City, on January 14, causing an estimated P3 million in damages. The fire affected 14 rooms, with nine being totally damaged and one partially damaged. The Bureau of Fire Protection-Davao (BFP-Davao) struggled to contain the blaze, which lasted for two hours. Fortunately, there were no reported casualties or houses affected despite the school's proximity to a residential area. Investigations into the cause of the fire are ongoing. This incident adds to a series of school fires in the region, with three state-owned schools destroyed in 2023. The BFP-Davao and Team Davao Rescue have responded to over 15 fire incidents in the first and second weeks of January 2024, indicating a significant increase compared to the same period in 2023......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

House fire kills 5 in Philippines

MANILA, Jan. 24 (Xinhua) -- A house fire has killed a family of five, including an 11-month-old baby, in Daraga town in Albay province, southeast of the Philippines' capital Manila, authorities said Wednesday. Municipal Fire Marshal Amor Laguilles of Daraga town fire station said the fire broke out around 8:00 p.m. local time on Tuesday, burning the whole house to the ground. He said the fire quickly burn.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

House fire kills 5 in Philippines

MANILA, Jan. 24 (Xinhua) -- A house fire has killed a family of five, including an 11-month-old baby, in Daraga town in Albay province, southeast of the Philippines' capital Manila, authorities said Wednesday. Municipal Fire Marshal Amor Laguilles of Daraga town fire station said the fire broke out around 8:00 p.m. local time on Tuesday, burning the whole house to the ground. He said the fire quickly burn.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Go extends aid to Muntinlupa fire victims

In observance of Fire Prevention Month, Sen. Bong Go and his Malasakit Team distributed aid on March 21 to almost 1,000 families in Alabang, Muntinlupa who were affected by a recent fire......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

2 dead in Philippine capital fire

MANILA, March 14 (Xinhua) -- Two people have died in a fire that engulfed over 50 houses in Mandaluyong City, Metro Manila, the Bureau of Fire Protection said Thursday. Firefighter Jess Lawrence Acoba told reporters that the victims were trapped in the flame that broke out at around 11:53 p.m. local time on Wednesday. He said one of the victims is a female, and the other one has yet to be identified......»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

4 Reasons Why Small Families Should Buy a Condo

Investing in a condo with a great location is a tempting offer, and this becomes more so with small families who are considering moving to the Meyer Blue condo. Here are four compelling reasons for small families and couples to move into one as soon as they can. The View An excellent view of the […] The post 4 Reasons Why Small Families Should Buy a Condo appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsMar 31st, 2024

Shear line affects over 80-K families in Davao

The shear line in the Davao Region has had a significant impact on over 80,000 families, as reported by the Office of Civil Defense-Davao Region (OCD-Davao). The affected families are spread across Davao de Oro, Davao del Norte, Davao Occidental, and Davao Oriental. Evacuation efforts have been underway, with some families still in shelters. Tragically, casualties have been reported, including fatalities and injuries due to landslides and flooding. The infrastructure has also suffered, with roads and bridges being blocked or damaged. The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has been providing relief to affected residents, and the local government units have also contributed aid. In response to the shear line, the OCD-Davao has raised its Blue Alert status, emphasizing the need for intensified monitoring and immediate mobilization of resources. The situation remains challenging, with ongoing flooding and landslides affecting numerous areas in the region......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

1,537 individuals displaced in Looc fire

MANDAUE CITY, Cebu —  Around 444 families, comprising 1,537 individuals, were displaced by a massive fire that struck two sitios in Barangay Looc, Mandaue City, on Tuesday afternoon, March 12th. According to the Bureau of Fire Protection (BFP) in Mandaue City, the fire originated at the residence of Elisita Dinauanao and quickly spread to approximately.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

4 dead, 8 injured in central Philippine fire

MANILA, Feb. 28 (Xinhua) -- A 60-year-old father, a 54-year-old mother, and their two sons, aged 14 and 12, died in a fire that gutted over a dozen houses in Cebu City in the central Philippines, a city firefighter said Wednesday. Wendell Villanueva of the city fire office said the victims were in deep sleep when the fire broke out shortly before 2 a.m. local time on Tuesday. A daughter of the couple who.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Xinhua world news summary at 0630 GMT, Feb. 28

MANILA -- A 60-year-old father, a 54-year-old mother, and their two sons, aged 14 and 12, died in a fire that gutted over a dozen houses in Cebu City in the central Philippines, a city firefighter said Wednesday. Wendell Villanueva of the city fire office said the victims were in deep sleep when the fire broke out shortly before 2 a.m. local time on Tuesday. (Philippines-Fire-Death) - - - - WASHING.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

4 dead, 8 injured in central Philippine fire

MANILA, Feb. 28 (Xinhua) -- A 60-year-old father, a 54-year-old mother, and their two sons, aged 14 and 12, died in a fire that gutted over a dozen houses in Cebu City in the central Philippines, a city firefighter said Wednesday. Wendell Villanueva of the city fire office said the victims were in deep sleep when the fire broke out shortly before 2 a.m. local time on Tuesday. A daughter of the couple who.....»»

Category: sportsSource:  abscbnRelated NewsFeb 28th, 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

Pre-dawn fire in Philippine capital kills 1

MANILA, March 30 (Xinhua) -- A 59-year-old man died in a pre-dawn fire that gutted a house in the Philippine capital Manila on Saturday, a firefighter officer said. Ronaldo Sanchez, marshal at Navotas City Fire Station, said the fire broke out at around 3 a.m. local time and trapped the victim on the second floor of the three-story house. Sanchez added that the victim was fast asleep when the fire spread,.....»»

Category: newsSource:  manilanewsRelated NewsMar 30th, 2024