The Philippine Stock Exchange Inc. (PSE) is turning to the country’s largest state-run pension funds to arrest the slump in market participation and offset a persistent exodus of foreign capital. PSE President Ramon S. Monzon told reporters that the exchange is in talks with the Social Security...
State-run Social Security System will implement the second phase of its pension overhaul in late 2026, a step in the state insurer’s efforts to bolster the national retirement fund while maintaining a heavy rotation of emergency credit for its members. SSS President and Chief Executive Officer...
Even as it remained one of the most complained-about government agencies, the Social Security System (SSS) said it had successfully resolved nearly all complaints it had received, but vowed to further improve the efficiency of its services. “SSS is currently coordinating with the Anti-Red Tape...
The Social Security System (SSS) announced that its members in Cebu affected by Typhoon Tino may avail of the Calamity Loan Program (CLP) starting today, Nov. 6, 2025, until Dec. 5, 2025, providing immediate financial relief as recovery efforts continue across the province. SSS President and Chief...
In a move set to modernize and speed up service delivery, the Social Security System (SSS) has launched the MySSS Card, a new functional ID that also acts as a fully operational debit card. Robert Joseph Montes De Claro, SSS president and chief executive officer, said the MySSS Card is dual purpose...
Asia United Bank’s (AUB) e-wallet HelloMoney is targeting to grow its users to as many as 6.5 million by end-2025, riding on a new partnership with digital life insurer Singlife Philippines and a recent tie-up with the state-run Social Security System (SSS). “Last year, we had about five...
State insurers Social Security System (SSS) and Government Service Insurance System (GSIS) have offered over ₱10 billion in calamity loans to extend financial aid to members in disaster-hit areas. This follows Department of Finance (DOF) Secretary Ralph G. Recto’s order to government financial...
Following the solid annual net income growth in the first semester of 2025, the Social Security System (SSS) is optimistic about reaching the ₱100-billion mark this year, which the pension fund has forecast to be surpassed by the end of 2026, albeit at a slower pace. “Definitely, we’ll reach...
State-run Social Security System (SSS) will roll out a pension reform program (PRP) starting September, granting higher monthly pensions, with a total 33 percent increase for retirement and disability beneficiaries over three years. Retirement and disability private pensioners under SSS will...
With a one-percentage-point (ppt) hike in members’ contribution rate to 15 percent that took effect this year, the Social Security System (SSS)—the state-run pension fund for private-sector workers—grew its net income by 46.9 percent to ₱66.45 billion in the first half of 2025. The SSS’...
The Government Service Insurance System (GSIS) and the Social Security System (SSS) are ramping up efforts to provide swift financial relief to members and pensioners affected by recent calamities Both agencies have announced more accessible and streamlined loan programs. GSIS has opened emergency...
Century Properties Group Inc. (CPG) welcomed the state-run pension fund Social Security System (SSS) as its anchor investor after the fund acquired ₱500-million worth of shares from the Antonio family through a block sale. In a statement, the firm said the acquisition of a strategic stake from...