State insurers Social Security System (SSS) and Government Service Insurance System (GSIS) have offered over ₱10 billion in calamity loans to extend financial aid to members in disaster-hit areas. This follows Department of Finance (DOF) Secretary Ralph G. Recto’s order to government financial...
President Marcos has declared the second week of September of every year as the National Pensioners ' Week. Marcos made the declaration through Proclamation No. 1020 which aims to raise awareness on social security protection among Filipinos. "[I]t is imperative to recognize SSS (Social...
President Marcos has ordered the Social Security System (SSS) and Government Service Insurance System (GSIS) to guard funds with integrity and invest wisely. In his speech at the ceremonial launching of the SSS Pension Reform Program on Wednesday, Sept. 10, Marcos reminded both institutions to...
Following the solid annual net income growth in the first semester of 2025, the Social Security System (SSS) is optimistic about reaching the ₱100-billion mark this year, which the pension fund has forecast to be surpassed by the end of 2026, albeit at a slower pace. “Definitely, we’ll reach...
CEBU CITY – A Mandaue City court junked an appeal that sought to overturn a previous decision finding an owner of a security agency guilty of estafa for failure to remit the deducted Social Security System (SSS) contribution of her former employee. Judge Fruto Teodorico III of the Regional Trial...
President Marcos expressed confidence that the Social Security System (SSS) will remain financially sound, even with projections that a proposed pension hike could shorten the fund’s lifespan. Marcos said this amid concerns about whether the proposed increase in SSS pensions might reduce the...
With a one-percentage-point (ppt) hike in members’ contribution rate to 15 percent that took effect this year, the Social Security System (SSS)—the state-run pension fund for private-sector workers—grew its net income by 46.9 percent to ₱66.45 billion in the first half of 2025. The SSS’...
The Government Service Insurance System (GSIS) and the Social Security System (SSS) are ramping up efforts to provide swift financial relief to members and pensioners affected by recent calamities Both agencies have announced more accessible and streamlined loan programs. GSIS has opened emergency...
CEBU CITY – An owner of a security agency has applied for probation after a court recently found her guilty of estafa for failing to remit the Social Security System (SSS) contributions of one of her former employees. In her application filed before Branch 2 of the Municipal Trial Court in Cities...
Century Properties Group Inc. (CPG) welcomed the state-run pension fund Social Security System (SSS) as its anchor investor after the fund acquired ₱500-million worth of shares from the Antonio family through a block sale. In a statement, the firm said the acquisition of a strategic stake from...
State-run Social Security System (SSS) has acquired a 6.37 percent stake in real estate firm Century Properties Group Inc. from the Antonio family for ₱500 million. In a disclosure to the Philippine Stock Exchange, CPG said its majority shareholder Century Properties Inc. has sold a total of...
CEBU CITY – An owner of a security agency was found guilty of estafa after failing to remit Social Security System (SSS) contributions deducted from her former employee’s salary. The Branch 2 of the Municipal Trial Court in Cities in Mandaue City sentenced Arne Aballe Sarsalejo to three months...
