After two government-controlled funds deferred their contribution rate increases for 2023, House Deputy Minority leader and ACT Teachers Party-list Rep. France Castro on Saturday, Jan. 7, called on the Social Security System (SSS) to likewise suspend its planned contribution increase for this year....
The decision of President Ferdinand Marcos Jr. to suspend implementation this month of the scheduled increase in Philippine Health Insurance Corp. (PhilHealth) premium rate and income ceiling is a welcome development. Coming at a time when we are still reeling from the effects of the Covid-19...
Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN) The Philippine Health Insurance Corporation (PhilHealth) said that its current financial standing is still in a "strong" position. "We also reiterate that PhilHealth’s financial standing remains strong," the state health...
Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN) The Philippine Health Insurance Corporation (PhilHealth) said that the current benefits for its members won't be affected by the suspension of the scheduled increase of its contribution rate this year. "Despite the suspension ay...
A teachers’ group on Tuesday, Jan. 3, backed the administration’s decision to suspend the scheduled Philippine Health Insurance Corporation (PhilHealth) premium contribution increase for the calendar year 2023. (Noel Pabalate / Manila Bulletin) A memorandum released by the Office of the...
The suspension of the premium contribution increase for the year 2023 was welcomed by the Department of Health (DOH) and the Philippine Health Insurance Corporation (PhilHealth) on Monday evening, Jan. 2. (Department of Health) Both agencies, as stated in its joint statement issued on Monday, are...
The implementation on Jan. 1, 2023 by the Social Security System (SSS) of a one percent increase in its members’ contribution rate to 14 percent is the third step of its four-tier contribution increase. This is in accordance with Republic Act 11199 that was enacted in 2018 to strengthen the...
State-run Social Security System (SSS) said the series of contribution rate increases expanded the pension fund’s life by more than two decades. In a statement on Thursday, Dec. 22, Michael G. Regino, SSS president and chief executive officer, said an additional 22 years have been added to the...
The Social Security System (SSS) said the increase in members contributions beginning January next year would proceed as planned despite opposition by private sector employers. In a briefing, Michael G. Regino, SSS president and chief executive officer, said on Thursday, Dec. 15, that postponing...
The House of Representatives led by Speaker Martin Romualdez has donated P5 million to the victims of the huge fire that struck Barangay Bagumabayan North, Navotas City on Monday night, Nov. 14. Navotas City lone district Rep. Toby Tiangco (left) receives the P5-million donation for fire victims...
OFW FORUM Jun Concepcion In spite of the massive financial contribution of overseas Filipinos to the country’s economy, this incontrovertible fact is seldom acknowledged in major speeches. The magnitude of their contribution is amply shown in key statistics in 2021. Their total US$31.4 billion...
The Social Security System (SSS) announced its two new programs, the flexible payment schedule and the Contribution Subsidy Provider Program (CSPP), which will benefit the informal economy workers and other individually-paying members. (SOCIAL SECURITY SYSTEM FACEBOOK) In a statement released on...
