The Social Security System (SSS) said on Monday, June 27 that its mandatory provident fund for its members called the Workers’ Investment and Saving Program (WISP) produced an income of P333.77 million in the first year of its implementation. (SOCIAL SECURITY SYSTEM) It also generated a...
Senator Francis Tolentino has sought a Senate probe into the reported P843.9 billion net loss incurred by the Social Security System (SSS) even as the Upper House is scheduled to adjourn sine die on June 3. In Senate Resolution 1006 filed yesterday, Tolentino asked the Senate leadership to direct...
The Social Security System (SSS) announced that members can update their contact information via My.SSS portal starting May 16 after it was suspended on Aug. 3 last year. (SSS Main Office / File Photo) Online updating of contact information was halted to make way for enhancement and additional...
CALAPAN CITY, Oriental Mindoro – The Social Security System has warned eight big establishments in this city to settle their outstanding obligations or else it will file legal action against them for non-compliance of the Social Security Act of 2018 or Republic Act No. 11199. Imelda...
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...
Self-employed, voluntary, non-working spouse, and land-based Overseas Filipino Worker (OFW) members may now pay their contributions using ShopeePay, the Social Security System (SSS) announced. In a statement, Michael G. Regino, president and chief officer said on Wednesday, May 4, that ShopeePay, a...
The Social Security System (SSS) has given its pensioners another three months to comply with the Annual Confirmation of Pensioners’ Program (ACOP). In a statement, Michael G. Regino, SSS president and chief executive officer, said on Thursday, March 31, that the compliance deadline for the ACOP...
PhilHealth, PCIC accounting norms monitored By Chino S. Leyco The Insurance Commission (IC) is closely monitoring the compliance of the Philippine Health Insurance Corp. (PhilHealth) and the Philippine Crop Insurance Corp. (PCIC) with the directive of the Department of Finance (DOF) to adopt...
Finance Secretary Carlos G. Dominguez III has commended former Social Security System (SSS) President and Chief Executive Officer Aurora Ignacio for her efforts in accelerating the pension fund’s digitalization processes for the benefit of its members. According to Dominguez, Ignacio spearheaded...
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...
State-owned Social Security System (SSS) clarified that pensioners residing in the Philippines are still exempted from complying with the annual confirmation of pensioners’ program (ACOP) to continue receiving their monthly pensions. In a statement, Michael G. Regino, SSS president and chief...
The Social Security System (SSS) has extended operating hours of its branches in Metro Manila to improve frontline services following the influx of transactions. In a statement, newly-installed SSS President and Chief Executive Officer Michael G. Regino said on Friday, March 11, that he ordered...
