Private sector workers will soon face higher Social Security System deductions as the state-run pension fund announced increased contribution rates to shore up revenues and ensure long-term stability. Effective Jan. 1, 2025, the SSS contribution rate will rise to 15 percent, according to Circulars...
State-run Social Security System (SSS) announced that it had disbursed over P1.15 billion in calamity loan assistance to nearly 70,000 members affected by recent typhoons. In a statement, Carlo C. Villacorta, SSS acting head for public affairs, said the swift action comes in response to the urgent...
First Lady Louise Araneta-Marcos, together with Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian, DSWD Undersecretary for Innovations Edu Punay, and DSWD Undersecretary for Operations Pinky Romualdez, served nutritious, specially prepared meals to families, children, and...
Ahead of the legislated final round of increase in members' contribution rate to 15 percent next year, the Social Security System (SSS) grew its net income by nearly two-fifths to P78.3 billion as of end-September this year. The SSS's latest condensed statement of comprehensive income showed its...
State-run Social Security System (SSS) announced that it had released P32.19 billion in 13th month and December pensions to over 3.6 million pensioners, starting as early as Nov. 29. In a statement on Monday, Dec. 9, Voltaire P. Agas, SSS officer-in-charge, said the early release of the 13th month...
State-run Social Security System (SSS) is offering a three-month advance pension to pensioners residing in areas declared under a state of calamity due to the recent onslaught of typhoons Kristine, Marce, Nika, Ofel, and Pepito. In a statement, Voltaire P. Agas, SSS officer-in-charge, said the...
(DSWD-DROMIC Facebook Page) The Department of Social Welfare and Development (DSWD) said 21,492 families or 75,110 individuals, are still sheltered in evacuation centers following the devastation caused by Typhoon Nika, Super Typhoon Ofel, and Super Typhoon Pepito. Based on the data from the...
State-run Social Security System (SSS) is offering calamity loans to members affected by tropical cyclones Kristine, Marce, Nika, Ofel, and Pepito, which struck the country recently. In a statement, Voltaire P. Agas, SSS officer-in-charge, said the loans are intended to provide financial assistance...
State-run Social Security System (SSS) has launched immediate calamity loan assistance for members and pensioners severely affected by recent typhoons. Eligible applicants are members and pensioners residing in areas declared under a state of calamity during Tropical Cyclones (TCs) Kristine, Marce,...
Australia's Minister for Communications, Michelle Rowland, introduces the Online Safety Amendment Bill in the House of Representatives at Parliament House in Canberra, Thursday, Nov. 21, 2024. (Mick Tsikas/AAP Image via AP)/AAP Image via AP) MELBOURNE, Australia (AP) — Australia’s...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the release of P5 billion to enhance the assistance program of Department of Social Welfare and Development (DSWD) for Filipinos affected by typhoons. According to DBM, this enhancement of Assistance to...
Budget Secretary Amenah F. Pangandaman has approved the release of P875 million to replenish the Department of Social Welfare and Development's (DSWD) Quick Response Fund (QRF) to ensure timely support for families affected by typhoons. An Oct. 30 report indicated that the DSWD's available QRF had...