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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 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

Ex-New England Patriots Coach Bill Belichick Bids Farewell in Letter

Title: Bill Belichick Thanks Patriots Fans for Unwavering Support in Full-Page Ad Word Count: 305 Boston, MA – Former New England Patriots head coach, Bill.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

Hontiveros hopes for fair consideration of divorce bill in Senate

MANILA, Philippines — Sen. Risa Hontiveros expressed hope on Wednesday about the potential reintroduction of a divorce bill onto the Senate’s legislative agenda. In the House of Representatives, a bill on absolute divorce was brought for plenary consideration on Tuesday. The divorce bill in the Senate, however, remains pending for plenary discussion. “I had the.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 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

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

Tax break for 2-wheeled EVs gains ground in Congress

Giving tax breaks for two-wheeled electric vehicles is getting more support from Congress, as a bill aiming for their inclusion in the list of vehicles benefiting from tariff reduction has been filed in the House of Representatives......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

DOLE-Davao exec calls on Congress to carefully study uniform daily wage hike bill

DAVAO CITY (MindaNews / 11 March) – The legislative push for a nationwide P100 to P400 daily increase for minimum wage earners in the private sector “must be compatible with the socio-economic conditions and purchasing power of each region,” an official from the Department of Labor and Employment – Davao Region (DOLE-Davao) said. “If Congress […].....»»

Category: newsSource:  mindanewsRelated NewsMar 11th, 2024

Tulfo’s bill seeks to impose stricter penalties for drunk drivers

MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Royalty on mining operations outside reservations pushed

The Mines and Geosciences Bureau (MGB) said that mining operations outside mineral reservations must pay a royalty as part of the government’s rationalization of the country’s mining fiscal regime......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

GenSan to go after ‘kolorum’ tricycles anew

GENERAL SANTOS CITY (MindaNews / 8 March) – The city government here will launch another round of crackdown against “kolorum” tricycles to address traffic congestion and fast-track the rationalization of the area’s public transportation system. Maximo Layugan, City Transport and Traffic Management Division head, said Friday they will rid the city’s streets of tricycles that […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Senate approves bill on BJMP control of provincial jails

MANILA, Philippines — The Senate passed a bill on Monday aiming to transfer the control and supervision of all provincial and sub-provincial jails from the local government to the Bureau of Jail Management and Penology (BJMP). Senate Bill No. 2352 or the Jail Integration Act, was approved on third and final reading, with 19 affirmative,.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

Bill creating 32 single-member parliamentary districts in the BARMM passed

COTABATO CITY (MindaNews / 29 February) —  The bill creating 32 single-member parliamentary districts in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) was passed Wednesday night by a vote of 47  in favor, one against and three abstentions. Parliamentary Bill 267,  introduced on December 18, 2023 by the Government of the Day and signed […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

What Could Happen if Bill Belichick Becomes the Cowboys Coach?

Title: Bill Belichick’s Departure from Patriots Sparks Speculation and Controversy Word Count: 389 In a surprising turn of events in the football world, Bill Belichick,.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 16th, 2024

Trenas thanks Marcos for supporting Dinagyang

Trenas thanks Marcos for supporting Dinagyang.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

‘Congress can provide funding for SHS vouchers for SUCs’

An opposition legislator yesterday offered a solution to the Commission on Higher Education problem regarding the discontinuation of vouchers for senior high school students, saying that Congress can still provide funding if needed......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

DepEd to push for additional benefits for teachers

he Department of Education will push for “additional benefits” for teachers before Congress, amid a pending bill filed by the Makabayan bloc seeking to increase teachers’ monthly salary to P50,000......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Lawyers file petition pushing Congress to enact law vs political dynasties

A group of lawyers on Tuesday filed a petition asking the Supreme Court to compel Congress to enact a law prohibiting political dynasties in the country......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024