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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

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

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

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

House OKs bill revoking franchise of SMNI on final reading

The House Bill which seek to revoke the franchise of Sonshine Media Network International has received 284 yes notes from the members of the House of Representatives......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

TUCP to House: Pass bill that seeks across-the-board P150 wage hike

TUCP to House: Pass bill that seeks across-the-board P150 wage hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 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

House eyes bigger wage hike of up to P350 a day

MANILA, Philippines — The House of Representatives is considering a daily minimum wage hike for all private sector workers higher than the P100 proposed by the Senate, including a bill seeking a P350 increase. In a statement on Sunday, House Majority Leader Manuel Jose Dalipe pointed out that the chamber’s members arrived at a consensus.....»»

Category: newsSource:  inquirerRelated NewsFeb 27th, 2024

Group seeks suspension of PhilHealth premium hike

With the financial difficulties that workers continue to face, the labor group Federation of Free Workers is seeking suspension of the increase in premiums for the Philippine Health Insurance Corp. or PhilHealth this year......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Senate OKs P100 wage hike bill on final reading

The P100 minimum wage hike for private sector workers has been approved on third and final reading by the Senate, with 20 affirmative votes and no negative votes or abstentions......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 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

Labor groups cheer Senate’s approval of P100 wage hike bill

Labor groups cheer Senate’s approval of P100 wage hike bill.....»»

Category: newsSource:  sunstarRelated NewsFeb 21st, 2024

Water bill to rise but no rate hike

Water bill to rise but no rate hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 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

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

House panel OKs tax-free hazard pay to judges, prosecutors

A House panel has approved a substitute bill that seeks to grant tax-free hazard pay to prosecutors and judges of regional, metropolitan, and municipal trial courts......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 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