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...
State-run Social Security System (SSS) has acquired a 6.37 percent stake in real estate firm Century Properties Group Inc. from the Antonio family for ₱500 million. In a disclosure to the Philippine Stock Exchange, CPG said its majority shareholder Century Properties Inc. has sold a total of...
With the Philippines’ Social Security System (SSS) receiving a poor rating from a global pension index last year, a finance expert suggested that consolidating all state and private retirement schemes into a unified pension system would be an ideal and more sustainable move for the government....
In celebration of Labor Day on Thursday, May 1, the Social Security System (SSS) said it is rolling out enhancements to its loan offerings. President Ferdinand R. Marcos Jr. announced these improvements during his Labor Day address at SMX Convention Center in Pasay City, underscoring the...
Social Security System (SSS) President and Chief Executive Officer Robert Joseph Montes De Claro (4th from left) and Commission on Filipinos Overseas (CFO) Chairperson Dante “Klink” Ang II (3rd from left) ink an agreement for the implementation of the KaSSSangga Collect Program during a signing...
The Social Security System (SSS) is eyeing to lower loan interest rates while expanding its coverage among self-employed workers this year. According to an SSS statement released on Feb. 15, the state-run pension fund for private sector employees has listed in its 2025 pipeline of upcoming...
