The Social Security System (SSS) reported an increase in cash benefits for elderly members who could no longer work that benefited over two million Filipinos. The SSS said on Friday, Mar. 8, that the pension fund released around P157 billion in retirement benefits to 2.2 million members from...
Local enforcers of all local government units (LGUs) in the National Capital Region can still issue traffic violations to erring motorists as the Supreme Court ruling that prohibits them to do so is not yet final and executory, the Metropolitan Manila Development Authority (MMDA) clarified on...
For those with overdue Social Security System (SSS) loans, now is the time to settle them and clear their financial obligations. On Wednesday, March 6, the SSS said there is an ongoing loan condonation program aimed at waiving penalties accrued by borrowers with outstanding salary, calamity,...
More than 1,600 students get their education at the Ibn Taimiyah Foundation Academy (ITFA) in Sultan Kudarat, Maguindanao del Norte. (Photo by Martin Sadongdong / MANILA BULLETIN) SULTAN KUDARAT, Maguindanao del Norte – Thousands of learners here, including children of former Moro Islamic...
The K to 12 curriculum in the country "is not a failure," it only needs to address its weak points, an executive of the Technical Education and Skills Development Authority (TESDA) said. TESDA Deputy Director General Rosanna Urdaneta "I’m not saying it’s a failure. Lahat po naman...
The Social Security System (SSS) announced its net income in 2023 exceeded by 62.8 percent its target of P51.06 billion to P83.13 billion as it recorded higher revenues than its expenses. Based on its 2023 unaudited financial statement, SSS' net income of P83.13 billion in 2023 surpassed the P52.60...
The Social Security System (SSS) posted a record profit of P83.13 billion last year, propelled by robust revenues resulting from the increase in the contribution rate. The private sector employees' pension fund surpassed its 2023 net income target of P51.06 billion by 62.8 percent as well as...
(photo: DOTr) The Department of Transportation is pushing for what it described as renaissance of the Philippine railway sector in a...
The Government Service Insurance System (GSIS) plans to secure new investment opportunities as part of its efforts to diversify and enhance long-term profitability. Wick Veloso, GSIS president and general manager said the fund has intensified its focus on alternative investments, including private...
Expect an improved travel experience at the country’s main airport, as the National Economic and Development Authority (NEDA) said the private-sector-led rehabilitation will lead to reduced wait times and fewer flight delays. NEDA Secretary Arsenio M. Balisacan said the launch of the P170.6...
The Social Security System (SSS) has raked in nearly P28 billion in additional revenues following the increased member contribution rate last year. In a statement, Rolando Ledesma Macasaet, SSS president and chief executive officer, said the one percent rise in contribution rate from 13 percent to...
LUCENA CITY, Quezon – A bomb threat disrupted operations of a Social Security System (SSS) branch here on Monday afternoon, February 11. Police said the branch manager, Sherlie Calusin, received an emailed bomb threat from an anonymous sender at around 4 p.m. Security immediately evacuated...