The Social Security System (SSS) has returned to the Bureau of Treasury (BTr) P5.7 billion unutilized fund for the Small Business Wage Subsidy (SBWS) Program of the Department of Finance (DOF) to help small business employers and employees during the Covid-19 pandemic. In its Peformance Audit...
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...
Sen. Raffy Tulfo on Thursday, September 21, criticized the Social Security System (SSS), the Philippine Health Insurance Corporation (PhilHealth), and the Home Development Mutual Fund or Pag-IBIG for not doing enough to ensure that employers have enrolled their "kasambahays" and are paying their...
The Department of Finance (DOF) said the Social Security System (SSS) initiatives effectively addressed the digitalization gap for disadvantaged members, particularly those in the informal sector like self-employed individuals who typically have limited access to its services. During the SSS’...
The funds for social security and public health insurance will remain intact amid the passage of the law creating the Maharlika Investment Fund (MIF). President Ferdinand 'Bongbong' Marcos Jr. delivers his second State of the Nation Address (SONA) on July 24, 2023 at the Batasan Pambansa. (Noel B....
President Ferdinand "Bongbong" Marcos Jr. said the government has no intention of using state pension funds as seed fund for the proposed Maharlika Investment Fund (MIF). President Ferdinand 'Bongbong' Marcos Jr. (Noel B. Pabalate) Marcos expressed agreement on one of the amendments to the bill that...
Finance Secretary Benjamin Diokno on Tuesday, May 30, said that it is up to the boards of directors of state pension institutions, such as the Social Security System (SSS) and Government Service Insurance System (GSIS), to invest in the proposed Maharlika Investment Fund (MIF). Finance Secretary...
President Ferdinand “Bongbong” Marcos Jr. has appointed Rolando Macasaet as the new president and chief executive officer (CEO) of the Social Security System (SSS), the Presidential Communications Office (PCO) announced on Thursday, May 18. President Ferdinand Marcos Jr. (Photo from the...
CAGAYAN DE ORO CITY – At least 1,335 employees from 110 business establishments in the Northern Mindanao region are in danger of not availing any benefits from the Social Security System owing to their employers’ non-compliance to their obligation, notably the monthly contributions. Alarmed by...
DAGUPAN CITY – A total of 10 delinquent employers here and the town of Calasiao, Pangasinan have been issued a notice of compliance for non-registration of their business, non-remittance of SSS contributions, and non-production of records. Out of the ten, five did not remit their worker's...
Solo parents who will be displaced from their jobs will get double insurance benefits if a congressman’s proposed measure becomes a law. (Photo by @MONKEYBUSINESSIMAGES/ISTOCK) House Bill No. 2229 will grant laid-off solo parents an involuntary separation payment equal to 100 percent of their...
SAN FERNANDO CITY, La Union – The Department of Labor and Employment (DOLE) and the Social Security System (SSS) in Region 1 (Ilocos) held a meeting on Friday, Jan. 20, to boost the compliance of employers with social benefits. Speaking on behalf of DOLE Region 1 Director Exequiel Ronie A....
