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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

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 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

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

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

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 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 savings scheme hits P80 billion

The savings scheme of state-run pension fund Social Security System has collected P80 billion from six million members who are looking for additional investment channels......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

BBM okay sought for bridge linking Negros, Cebu, Bohol

BBM okay sought for bridge linking Negros, Cebu, Bohol.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

Kathryn Bernardo now okay after breakup with Daniel Padilla — Chie Filomeno

Kapamilya actress Chie Filomeno revealed that Kathryn Bernardo is now okay after her breakup with Daniel Padilla. .....»»

Category: entertainmentSource:  philstarRelated NewsFeb 14th, 2024

Sarah Lahbati sa ‘relationship status’ nila ni Richard Gutierrez: ‘We’re OK’

NAGSALITA na ang model-actress na si Sarah Lahbati patungkol sa kasalukuyang relationship status nila ng mister na si Richard Gutierrez. Sa isang recent interview with Cosmopolitan PH, sinabi ni Sarah na okay silang dalawa ni Richard at siya raw ay “happy and grateful.” “We’re okay,” sagot ng aktres nang tanungin sa sitwasyon nila ng asawa......»»

Category: newsSource:  inquirerRelated NewsJan 21st, 2024

Sarah Lahbati sa ilang relationship status ni Richard Gutierrez: ‘We’re okay’

Mitingog na si Sarah Lahbati sa issue nga may kalabutan sa ilang relationship status sa iyang bana nga si Richard Gutierrez og siya nagkanayon nga okay ra kuno sila. Sigon niya nga sa pagkakaron, gusto una siya nga mo-focus sa iyang kaugalingon. Sa iyang interview sa Cosmopolitan PH, gipangutana si Sarah mahitungod sa ilang sitwasyon.....»»

Category: newsSource:  inquirerRelated NewsJan 20th, 2024

Labor groups rally against Charter change, call for wage hike instead

MANILA, Philippines — Labor groups are joining the opposition against Charter change (Cha-cha), with one group urging lawmakers to prioritize passing a law for a P150 wage hike for private sector workers. The Federation of Free Workers (FFW) vice president Jun Mendoza Ramirez in a statement on Sunday emphasized the need to concentrate on the immediate.....»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Recto wants pension funds to buy government stake in SCTEX

Finance Secretary Ralph Recto wants the two pension funds to buy the government’s share in toll roads to ensure that the state will not be at a loss......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

House panel considering monthly pension for retired Olympians

The House youth and sports committee on Wednesday considered a legislation that would provide retired Filipino olympians with a lifetime monthly pension of at least P15,000 — an amount that a lawmaker said would honor the athletes’ lifetime of “perseverance and sacrifice.”.....»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

House panel OKs P89 billion for seniors’ universal social pension

A universal social pension measure has gained a foothold after a House of Representatives committee yesterday approved the budget allocation for the benefit......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024