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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

SC ruling favors spouse in pension case

Should a spouse who marries a member of the Social Security System after the latter suffers a total and permanent disability qualify for a survivorship pension? Or should a provision of the social security law that says only the primary beneficiaries ‘as of the date of disability’ shall be entitled to receive a monthly pension prevail?.....»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

FACT CHECK: P20K automatic monthly pension for senior citizens false

A YouTube channel, Tita Kitkat TV claims that the government will now provide an automatic P20,000 monthly social pension for all senior citizens......»»

Category: newsSource:  davaotodayRelated NewsApr 9th, 2024

Indigent seniors’ monthly social pension now P1,000

The long wait is over for indigent senior citizens as they can receive a monthly social pension of P1,000 starting February, the Department of Social Welfare and Development said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Cablao is Cepca’s monthly champion for February

CEBU CITY, Philippines— Veteran woodpusher Edwin Cablao emerged as the February monthly champion of the Cebu Executives and Professionals Chess Association (Cepca) monthly chess tournament held last Sunday at Robinsons Galleria Cebu. Cablao finished the five-round competition with a perfect 5.0 points, securing the monthly championship title and the champion’s purse of P3,000. He started.....»»

Category: newsSource:  inquirerRelated NewsFeb 26th, 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

Cepca’s monthly chess tilt unfolds on March 31 

CEBU CITY, Philippines — Another round of top-notch woodpushing action will unfold on Sunday, March 31, as the Cebu Executives and Professionals Chess Association (CEPCA) opens its monthly chess tournament. Over 50 of its finest woodpushers will battle on the boards to earn the monthly title that will be their ticket to the grand finals.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

Solo parents to get P1K monthly subsidy

The Local Solo Parents' Ordinance, recently approved by the 20th City Council of Davao City, promises a monthly subsidy of approximately P1,000 for eligible beneficiaries. Councilor Tricia Ann Villafuerte highlighted the ordinance's significance in providing vital support to solo parents and their children, as there are approximately 6,000 solo parents in Davao City. This ordinance is an adaptation of the national law, Republic Act 8972, customized to address the unique needs of solo parents in the city. It aims to meet the essential needs of mothers and their children, including school supplies, consultation, laboratory diagnostics, and financial assistance, such as medical, death, and burial aid. Additionally, solo parents will receive a monthly monetary subsidy of P1,000 and are entitled to a 10 percent discount on select basic commodities, similar to senior citizens and Persons with Disability (PWD). To qualify for the benefits, applicants must submit necessary documents and meet specific criteria, while disqualification grounds include changes in civil status and provision of necessary assistance by the other biological parent as per the Family Code of the Philippines. It's important to note that individuals under the Pantawid Pamilyang Pilipino Program (4Ps) are ineligible for the Local Solo Parents' Ordinance......»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Vice type magpa-eulogy kahit buhay pa: Di mo na maririnig pag patay ka na

“NARIRINIG ka pa ba nila? E, patay na!” Yan ang hugot ni Vice Ganda sa pagbibigay ng eulogy sa burol ng isang taong pumanaw. Naniniwala si Vice na parang wala nang silbi ang pagbibigay ng eulogy sa mga lamay dahil patay na ang pinag-aalayan ng mensahe at hindi na niya ito naririnig. Baka Bet Mo:.....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

Kim Chiu sa pagbibigay 2nd chance sa nang-iwan sa kanya: Hindi na

TILA hindi naniniwala ang Kapamilya TV host-actress na si Kim Chiu sa pagbibigay ng second chance sa mga taong nakasakit sa kanya. Ito ay kanyang ibinahagi sa nagdaang segment ng “Expecially For You” ng “It’s Showtime” noong Miyerkules, February 21. Nausisa kasi si Kim ng kanyang co-host na si Vhong Navarro kung magbibigay ito ng.....»»

Category: newsSource:  inquirerRelated NewsFeb 23rd, 2024

JC Organic Barley itinanghal na Best Natural Supplement of the Year sa ALA

KINILALA ang JC Organic Barley bilang “Best Natural Supplement of the Year” sa Asia Leaders Awards (ALA). Ang espesyal na seremonya ng pagbibigay parangal, na dinumog ng mahigit 3000 na attendees, ay naganap sa JC Go Global Kick Off noong Enero 7, 2024 sa Metrotent Convention Center sa Pasig City. Ang pagbibigay parangal ay ginanap.....»»

Category: newsSource:  inquirerRelated NewsJan 24th, 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

IM Young makikipag tagisan ng talino sa 21st BCC Open 2024 sa Thailand

MAYNILA – Makikipag tagisan ng talino si Filipino International Master Angelo Abundo Young sa pagtulak ng 21st BCC (Bangkok Chess Club) Open 2024 na naka-iskedyul mula Abril 13 hanggang 21. Ang kompetisyon, na gaganapin sa conference center ng Sheraton Hua Hin Resort & Spa sa Phetchaburi, Thailand, ay nagtatampok ng Open at Challenger divisions. “I ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsFeb 4th, 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 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

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