The Social Security System (SSS) said it remains confident in the stability of First Gen Corp. even as a deepening rift within the Lopez family triggers calls for a leadership change and a government probe into “poison pill” provisions at the country’s largest renewable energy producer....
The controlling faction of the Lopez family is calling for a formal government inquiry into “poison pill” provisions at First Gen Corp., alleging the measures protect the tenure of President and Chief Executive Officer Federico R. Lopez, at the expense of state pension funds and international...
Malacañang has committed to study proposals to suspend pension premium contributions for members of state-run pension funds. While the Palace made the pronouncement, the Social Security System (SSS), Government Service Insurance System (GSIS), and Pag-IBIG Home Development Mutual Fund have...
State-run Social Security System (SSS) is earmarking roughly ₱60 billion in financial assistance and benefit support, accelerating the scheduled pension hike and loosening loan requirements to shield members from an energy-crisis-induced spike in living costs. Robert Joseph M. de Claro, SSS...
Senator Christopher “Bong” Go is batting for the temporary suspension in the payment of government contributions to various agencies even as Filipinos struggle to cope with elevated pump fuel prices. Among the agencies covered in Go 's proposal are the Philippine Health Insurance...
State-run pension fund Social Security System (SSS) has partnered with EastWest Rural Bank (EWRB) to expand access to MySSS Card, making it easier for members—especially those in remote and underserved communities—to access banking services and receive benefits. Under the partnership, EWRB...
State-run Social Security System (SSS) is considering temporarily suspending loan payments and waiving or reducing penalties on unpaid contributions to provide relief to its members facing financial challenges amid the Philippine energy crisis. SSS said in a statement released over the weekend that...
Senator Imee Marcos called on the Social Security System (SSS), Government Service Insurance System (GSIS), PAG-IBIG, and the Philippine Health Insurance Corp. (PhilHealth) to implement a temporary suspension of collections. Marcos is also pushing for a loan moratorium to ease the mounting burden...
State-run pension fund Social Security System (SSS) has reassured its members in the Middle East that they can continue accessing benefits and services through its digital platforms, even amid escalating regional conflicts. SSS President and Chief Executive Officer (CEO) Robert Joseph M. de Claro...
Senator Jinggoy Ejercito Estrada is now pushing the Social Security System (SSS) to expand its cash aid or unemployment benefits to strengthen the safety net for workers who have been displaced due to layoffs, retrenchment or company closures. Estrada, in filing Senate Bill No. 1070 also sought to...
Social Security System (SSS) members and pensioners received good news last week. As the state-run pension fund recorded a sharp hike in net income to ₱143 billion — and its reserve fund also hit the ₱1-trillion mark for the first time in the state insurer’s history — SSS President and...
The Philippine Stock Exchange Inc. (PSE) is turning to the country’s largest state-run pension funds to arrest the slump in market participation and offset a persistent exodus of foreign capital. PSE President Ramon S. Monzon told reporters that the exchange is in talks with the Social Security...
