Ahead of the legislated final round of increase in members' contribution rate to 15 percent next year, the Social Security System (SSS) grew its net income by nearly two-fifths to P78.3 billion as of end-September this year. The SSS's latest condensed statement of comprehensive income showed its...
Camarines Sur 2nd district Rep. LRay Villafuerte (Rep. Villafuerte's office) Camarines Sur 2nd district Rep. LRay Villafuerte is prodding the concerned agencies to go full blast in crafting the Value Added Tax (VAT) refund system for the local...
The Government Service Insurance System (GSIS) is giving away P1.5 million in a raffle this holiday season to thank its members and pensioners and encourage them to use the GSIS Touch mobile app. The raffle, called "GSIS Touch and Win," will be held on Dec. 17, according to a statement from...
Get ready to dig deeper into your wallets, as water rates in Metro Manila are set to increase in the first quarter of 2025. The Metropolitan Waterworks and Sewerage System (MWSS) announced on Thursday, Dec. 12, that both Manila Water and Maynilad will implement rate hikes to maintain and improve...
President Marcos has signed into law that aims to attract more non-resident tourists to the country by providing them a Value Added Tax (VAT) Refund System on locally purchased goods. President Ferdinand R. Marcos Jr. signs three measures on Dec. 9, 2024 at the Malacañan Palace. Among the...
State-run Social Security System (SSS) announced that it had released P32.19 billion in 13th month and December pensions to over 3.6 million pensioners, starting as early as Nov. 29. In a statement on Monday, Dec. 9, Voltaire P. Agas, SSS officer-in-charge, said the early release of the 13th month...
State-run Social Security System (SSS) is offering a three-month advance pension to pensioners residing in areas declared under a state of calamity due to the recent onslaught of typhoons Kristine, Marce, Nika, Ofel, and Pepito. In a statement, Voltaire P. Agas, SSS officer-in-charge, said the...
The Government Service Insurance System (GSIS) has allocated over P514 million for emergency loans to aid members affected by recent typhoons in Luzon. With over half a billion allocation, the program is seen to benefit 23,469 active members and old-age/disability pensioners residing or working in...
The Government Service Insurance System (GSIS) is set to release P3.7 billion in Christmas cash gifts to eligible pensioners starting Thursday, Dec. 5, two days earlier than the regular December pension schedule, to help them prepare for the holidays. Wick Veloso, GSIS president and general...
Jose Arnulfo Veloso, president and general manager of the Government Service Insurance System (GSIS), was elected chairperson of the ASEAN Social Security Association (ASSA), tasked with leading efforts to bolster social security systems across Southeast Asia. "We gather at a pivotal moment when...
State-run Social Security System (SSS) is offering calamity loans to members affected by tropical cyclones Kristine, Marce, Nika, Ofel, and Pepito, which struck the country recently. In a statement, Voltaire P. Agas, SSS officer-in-charge, said the loans are intended to provide financial assistance...
State-run Social Security System (SSS) has launched immediate calamity loan assistance for members and pensioners severely affected by recent typhoons. Eligible applicants are members and pensioners residing in areas declared under a state of calamity during Tropical Cyclones (TCs) Kristine, Marce,...
