PhilHealth, PCIC accounting norms monitored By Chino S. Leyco The Insurance Commission (IC) is closely monitoring the compliance of the Philippine Health Insurance Corp. (PhilHealth) and the Philippine Crop Insurance Corp. (PCIC) with the directive of the Department of Finance (DOF) to adopt...
Finance Secretary Carlos G. Dominguez III has commended former Social Security System (SSS) President and Chief Executive Officer Aurora Ignacio for her efforts in accelerating the pension fund’s digitalization processes for the benefit of its members. According to Dominguez, Ignacio spearheaded...
The Asian Development Bank (ADB) has flagged the Social Security System’s (SSS) “limited coverage” of unemployment benefit. Based on ADB’s report released on Wednesdays, March 16, the Manila-based multilateral institution said it is critically important for the SSS to have a well-funded UI...
State-owned Social Security System (SSS) clarified that pensioners residing in the Philippines are still exempted from complying with the annual confirmation of pensioners’ program (ACOP) to continue receiving their monthly pensions. In a statement, Michael G. Regino, SSS president and chief...
The Social Security System (SSS) has extended operating hours of its branches in Metro Manila to improve frontline services following the influx of transactions. In a statement, newly-installed SSS President and Chief Executive Officer Michael G. Regino said on Friday, March 11, that he ordered...
The digitalization program of the Social Security System (SSS) has reduced the pension fund’s operating expense, the Department of Finance (DOF) said. In a statement released by the DOF, the department reported that SSS’ operating expenses amounted to P4 for every P100 of benefits paid in 2021,...
What was supposed to be a meeting with top-level officials of the Social Security System for the presentation of the zero backlog program became something more when the Anti-Red Tape Authority (ARTA) witnessed violations of the Ease Of Doing Business (EODB) Act in the SSS Diliman, Quezon City...
State-run Social Security System (SSS) said all its branches in areas under Alert Level 1 will be in full operations to address the influx of transacting members, particularly in certain branches in Metro Manila. “With the reduction in Covid-19 alert levels, we are now in 100 percent operational...
The Social Security System (SSS) recently launched its pilot Digital Branch in San Pablo City, Laguna to offer multi-channel service delivery platforms to its members, employers, pensioners, and the general public. SSS In a statement released Wednesday, March 2, SSS President and Chief Executive...
State-run Social Security System (SSS) has reminded its pensioner of the Annual Confirmation of Pensioners' Program (ACOP) deadline next month. In a statement, Aurora C. Ignacio, SSS president and chief executive officer said on Friday, Feb. 18, said all pensioners who have not yet complied with...
State-run Social Security System (SSS) has started the refund of the loan payments collected at the height of the pandemic two years ago. In a statement, Aurora C. Ignacio, SSS president and chief executive officer, said on Friday, Feb. 11, that the pension fund will refund P105 million worth of...
Amid the recent surge of coronavirus disease (COVID-19) cases in the country, the Social Security System (SSS) said some of its branches were ordered close for disinfection. (MANILA BULLETIN FILE PHOTO) In its latest advisory, SSS said "a significant number" of its employees have tested positive...
