State-run Social Security System (SSS) is targeting to raise approximately P5 billion next year as an initial deposit from its revamped retirement program. Rolando Ledesma Macasaet, SSS president and chief executive officer, said he is confident in achieving the P5 billion goal due to the...
The Social Security System (SSS) is diversifying its investment portfolio by ramping up its involvement in real estate investment trusts (REITs) this year. Rolando Ledesma Macasaet, SSS president and chief executive Officer, said they are optimistic about the potential for enhanced returns as...
Branches of the state-run Social Security System (SSS) will continue to operate daily, despite the implementation of a four-day workweek for its employees. SSS President and Chief Executive Officer Rolando Ledesma Macasaet said that their headquarters in Quezon City and its corporate office in...
The Social Security System (SSS) made transactions in Lipa, Batangas easier by localizing e-centers in Lipa Industrial Park and Lipa City Hall. SSS President and Chief Executive Officer Rolando Ledesma Macasaet said on Thursday, May 23, that they had signed an agreement between Lima Land Inc. and...
Four business establishments with P15 million unremitted employees’ contributions and penalties are set to face criminal charges. State-owned Social Security System (SSS) reported that it filed separate charges at the prosecutor’s office as a result of the nationwide Run After Contribution...
The Social Security System and Government Service Insurance System could buy the shares of Subic-Clark-Tarlac Expressway to benefit their pension funds, according to Finance Secretary Ralph G. Recto. Recto told reporters on Tuesday that the government has plans for the SCTEX including selling some...
The Social Security System (SSS) announced that its net revenues for the first three months of the year increased by 60 percent. In a proactive effort to reach its goal of P100 billion in total net income for this year, SSS said that the overall net revenues for the first quarter valued at P33.9...
State-run Social Security System (SSS) is urging seafarers to aim for a minimum of 10 years' worth of monthly contributions in order to qualify for a lifelong monthly pension after retirement. Rolando Ledesma Macasaet, SSS president and chief executive officer, said that seafarers are entitled to...
Social Security System (SSS) President and Chief Executive Officer Rolando Ledesma Macasaet (left) points out toconstruction company personnel their unremitted contributions in Barangay Teacher’s Village East, Quezon City. Social Security System (SSS) President and Chief Executive Officer...
State-run Social Security System (SSS) will continue to issue violation notices to contribution evaders nationwide in light of the upcoming Labor Day. In an effort to protect the welfare and security of private sector employees, the SSS urges establishments to responsibly remit their workers’...
State-pension fund Social Security System (SSS) has selected Metrobank Trust, the Trust Banking arm of Metropolitan Bank & Trust Co. (Metrobank), to oversee a P1.5-billion balanced fund. In a statement, the bank said that, under the mandate, Metrobank Trust is responsible for managing...
The Social Security System (SSS) said the pension fund is on track to achieve a robust growth in net income this year, supported by increased investment returns and enhanced collection initiatives. Rolando Ledesma Macasaet, SSS president and chief executive officer said that the fund is projecting...
