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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: philstar philstarFeb 17th, 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 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 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

GSIS non-life insurance premiums hit record high P9.8 billion in 2023

State-run pension fund Government Service Insurance System saw its collection of non-life insurance premiums rise to an all-time high of P9.8 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

GSIS earmarks P44 million for emergency loans

State-run pension fund Government Service Insurance System has allocated P44 million in emergency loans to members and pensioners affected by the heavy rainfall in Camarines Norte......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Inflation and its impact on senior citizens

The recent government initiative to bolster social pension payouts for indigent senior citizens reflects a vital step in mitigating the impact of inflation on basic necessities......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

First Lady leads DSWD payout for indigent seniors

First Lady Liza Araneta-Marcos led the ceremonial payout by the Department of Social Welfare and Development of the increased social pension for indigent senior citizens yesterday at the DSWD’s central office in Batasan, Quezon City......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 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

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

Continue serving with care, compassion, PBBM tells DSWD

President Ferdinand R. Marcos Jr. emphasized the importance of serving the public with care and compassion during the Department of Social Welfare and Development's (DSWD) 73rd anniversary celebration. He commended the DSWD for its continuous efforts in providing aid to disaster victims and the disadvantaged sectors. President Marcos urged the DSWD to treat the poor and vulnerable with kindness and empathy, highlighting the agency's role in uplifting communities. He also noted the significant increase in the agency's budget, particularly for programs such as Pantawid Pamilyang Pilipino Program (4Ps), senior pension, food catering operations, and the food stamps program. President Marcos emphasized that the DSWD's programs are designed to offer a hand up rather than a handout, aiming to empower individuals and families to improve their circumstances. He underscored the government's commitment to dignified giving and support for those in need, emphasizing the agency's role in providing assistance while promoting self-sufficiency......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Quiboloy to ask SC to reconsider transfer of Davao case

Israelito Torreon, one of Quiboloy’s lawyers, said that the case was decided based only on “the unfounded and unsubstantiated claims of bias in Davao City courts” which may be interpreted as “an attack on the judiciary as a whole.”.....»»

Category: newsSource:  philstarRelated NewsMay 30th, 2024

Hong Kong court convicts 14 pro-democracy activists in the city s biggest national security case

Hong Kong court convicts 14 pro-democracy activists in the city s biggest national security case.....»»

Category: newsSource:  sunstarRelated NewsMay 30th, 2024

Estelito Mendoza is Sara Duterte’s lawyer for confidential funds case in SC

Mendoza's legal victories include the junking of the disqualification case vs Marcos Jr. and the plunder acquittals of Arroyo and Revilla.....»»

Category: newsSource:  rapplerRelated NewsMay 28th, 2024

Tomas ordered to pay 1-year mayor’s salary over 5-yr-old case

Tomas ordered to pay 1-year mayor’s salary over 5-yr-old case.....»»

Category: newsSource:  sunstarRelated NewsMay 28th, 2024

New NBI Bacolod head addresses case backlogs

New NBI Bacolod head addresses case backlogs.....»»

Category: lifestyleSource:  abscbnRelated NewsMay 22nd, 2024

Lawmakers back filing of case vs Tarlac Mayor Guo

The plan of the Office of the Solicitor General (OSG) to file a quo warranto case against Mayor Alice Guo of Bamban town in Tarlac got the backing of two members of the House of Representatives......»»

Category: newsSource:  philstarRelated NewsMay 17th, 2024

Offending religious feeling case vs Dominican exorcist junked

A Quezon City court has junked a case filed by retired Justice Harriet Demetriou against Dominican theologian and exorcist Fr. Winston Cabading for “offending religious feelings”......»»

Category: newsSource:  philstarRelated NewsMay 16th, 2024

Kat Alano shares rape post after Vhong Navarro wins case vs Deniece Cornejo, others

Days after Vhong Navarro won his case against Deniece Cornejo, Cedrick Lee and two others, Kat Alano shared another cryptic post about rape. .....»»

Category: entertainmentSource:  philstarRelated NewsMay 8th, 2024