President Marcos has ordered the inclusion of contract-of-service (COS) and job-order (JO) workers in the government’s social protection coverage. Marcos issued Administrative Order No. 43, facilitating the voluntary deduction and remittance of Social Security System (SSS), Philippine Health...
Foreign investors seeking entry into the Philippines could soon use the Social Security System (SSS) as anchor to expand locally, a move that may accelerate capital deployment alongside the nation’s sovereign wealth fund. SSS President and Chief Executive Officer (CEO) Robert Joseph M. De Claro...
State-run Social Security System (SSS) is eyeing to invest roughly about ₱75 billion of its trillion-peso reserve fund overseas over the next five years as it seeks to diversify beyond the “unexciting” domestic market. SSS President and Chief Executive Officer (CEO) Robert Joseph Montes De...
State-run Social Security System (SSS) has earmarked ₱2 billion for Rizal Commercial Banking Corp. (RCBC)’s digital platform DiskarTech to facilitate the disbursement of microloans to Gen Z and Gen X workers. This initial allocation is part of the broader MySSS LoanLite program, a digital-first...
The Supreme Court (SC) has reminded employers that employees who are illegally dismissed are entitled not only to full backwages but also to the remittance of their Social Security System (SSS) contributions from the time they were dismissed until they are reinstated. In a decision written by...
The net income of Social Security System (SSS), the state-run pension fund for private-sector workers, fell by 28 percent to ₱48 billion in the first half of 2026 as expenses, especially benefit payouts to pensioners, continued to rise faster than its income. SSS’ latest condensed statement of...
The Social Security System (SSS) and the Commission on Filipinos Overseas (CFO) signed a memorandum of understanding to widen social security coverage for overseas Filipinos and their dependents. SSS President and Chief Executive Officer Robert Joseph Montes de Claro and CFO Chairperson Secretary...
The Social Security System (SSS) expanded its equity stake in Antonio-led Century Properties Group Inc. (CPG) to almost 10 percent, deploying additional capital into the housing builder as the state-backed pension fund seeks stable returns from real estate assets. In a disclosure to the Philippine...
Nearly 1 million low-income members of the Social Security System (SSS) are next in line to receive their initial ₱2,000 assistance under the Unified Package for Livelihood, Industry, Food, and Transport (UPLIFT) program, the Department of Social Welfare and Development (DSWD) said on Thursday,...
The net income of Social Security System (SSS), the state-run pension fund for private-sector workers, declined by almost a fourth to ₱25.3 billion in the first quarter of 2026 as benefits paid to members and pensioners surged. SSS’ latest condensed statement of comprehensive income showed that...
International Finance Corp. (IFC) expects its investment in Aboitiz-led Union Bank of the Philippines’ (UnionBank) inaugural sustainability bond to broaden access to climate finance, expand lending to micro, small, and medium enterprises (MSMEs), as well as encourage more Philippine financial...
Social Security System (SSS) is earmarking ₱40 billion to finance a planned solar panel loan program that could benefit around 100,000 households. SSS President and Chief Executive Officer (CEO) Robert Joseph De Claro told reporters in a recent interview that the state-run pension fund is...
