State-run Social Security System (SSS) said its benefit disbursements jumped in the first 11 months of the year due to increased benefit claims, as well as number of members and pensioners. In a statement, Michael G. Regino, SSS president and chief executive officer, said the pension fund disbursed...
State-run Social Security System (SSS) said the series of contribution rate increases expanded the pension fund’s life by more than two decades. In a statement on Thursday, Dec. 22, Michael G. Regino, SSS president and chief executive officer, said an additional 22 years have been added to the...
State-owned Social Security System (SSS) has justified the contribution increase beginning next year, saying it would help fund higher benefit disbursements to its members. In a statement, Michael G. Regino, SSS president and chief executive officer, said the one percentage point increase in 2023...
The Social Security System (SSS) said the increase in members contributions beginning January next year would proceed as planned despite opposition by private sector employers. In a briefing, Michael G. Regino, SSS president and chief executive officer, said on Thursday, Dec. 15, that postponing...
State-run Social Security System (SSS) announced that it has entered into agreement with Union Bank of the Philippines (UBP) and Rizal Commercial Banking Corp. (RCBC) for the issuance of Unified Multi-Purpose ID (UMID) ATM Pay Cards. In a statement, Michael G. Regino, SSS president and chief...
State-run Social Security System (SSS) has extended the financial assistance to its members and pensioners in areas affected by Severe Tropical Storm ‘Paeng’ until February next year. Michael G. Regino, SSS president and chief executive officer, said their calamity assistance package consists...
Members and pensioners of the Social Security System (SSS) affected by the recent earthquake that struck Abra and nearby areas may now avail of the calamity assistance package. In a statement on Thursday, Aug. 18, Michael G. Regino, SSS president and chief executive officer, said that members and...
The Social Security System (SSS) announced on Monday, Aug. 8, that the dependent legal spouses who are also existing SSS members may now submit their Social Security (SS) and Employees’ Compensation (EC) death benefit claims via My.SSS Portal. (SSS Main Office / File Photo) "The inclusion of...
State-run Social Security System (SSS) said the pension fund has disbursed record-breaking benefit payments to members, pensioners, and their beneficiaries in the past six-years. In a statement, Michael G. Regino, SSS president and chief executive officer said on Friday, July 15, that benefit...
The Social Security System (SSS) said on Wednesday, July 13, that it has received an "unmodified" opinion from the Commission on Audit (COA) for 2021. (SOCIAL SECURITY SYSTEM) “In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position...
The Social Security System (SSS) announced its two new programs, the flexible payment schedule and the Contribution Subsidy Provider Program (CSPP), which will benefit the informal economy workers and other individually-paying members. (SOCIAL SECURITY SYSTEM FACEBOOK) In a statement released on...
State-run Social Security System (SSS) said the pension fund has added security measures in its My.SSS Portal to protect the accounts of its members, employers, and pensioners. In a statement, Michael G. Regino, SSS president and chief executive officer said Friday, May 6, that among the new...