State-run Social Security System (SSS) has appointed Robert Joseph De Claro as the new Officer-In-Charge (OIC) following the resignation of Rolando Ledesma Macasaet this month. Robert Joseph M. De Claro De Claro was appointed by the Social Security Commission (SSC), the policymaking body of...
State-run Social Security System (SSS) is pushing for social security protection among barangay officials and kagawads nationwide. During a discussion at the Liga ng Mga Barangay National Congress last August, SSS president and chief executive officer Rolando Ledesma Macasaet said he hoped that...
The Social Security System (SSS) grew its net income by 15 percent to P45.2 billion as of end-June, nearly half of its P100-billion bottom-line goal for 2024. The state-run pension fund for private-sector workers recorded a total income of P200.5 billion in the first half, exceeding its total...
The Social Security System (SSS) is diversifying its investment portfolio by ramping up its involvement in real estate investment trusts (REITs) this year. Rolando Ledesma Macasaet, SSS president and chief executive Officer, said they are optimistic about the potential for enhanced returns as...
The Social Security System (SSS) has raked in nearly P28 billion in additional revenues following the increased member contribution rate last year. In a statement, Rolando Ledesma Macasaet, SSS president and chief executive officer, said the one percent rise in contribution rate from 13 percent to...
The Social Security System (SSS) has issued a reminder to employers and collection partners to remit employees' contributions for the third quarter and October before the year's end. Based on a SSS circular posted on its website, the pension fund for the private sector stated that business and...
State-run Social Security System (SSS) received recognition for addressing all concerns from its members from the Civil Service Commission (CSC). In a statement, the insurance system gained a 100 percent rate in complaint resolution among the other government agencies in 2022. The achievement was...
State-run Social Security System (SSS) has announced an extension for the remittance of contributions in areas that have been affected by the Southwest Monsoon, which was further intensified by typhoons Egay and Falcon. According to SSS Circular No. 2023-005, the deadline for the payment of June...
The new head of the Social Security System (SSS) vowed to continue with the reforms and innovations started by the previous administration to provide better services to members and pensioners. In a statement, Rolando Ledesma Macasaet, SSS president and chief executive officer, said Wednesday, Jan....
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...