Tag page - unemployment benefits

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...

Nearly 70,000 members of the Social Security System (SSS) have been laid off from their jobs, and received unemployment benefits from the pension fund in the first three quarters of the year. In a statement, Aurora C. Ignacio, SSS president and chief executive officer said on Thursday, Nov. 18,...

State-run Social Security System (SSS) said the pension fund’s unemployment benefit releases increased ninefold last year after the country’s jobless rate hit the highest level on record amid the pandemic. In a statement, Aurora C. Ignacio, SSS president and chief executive officer said on...