With the Philippines’ Social Security System (SSS) receiving a poor rating from a global pension index last year, a finance expert suggested that consolidating all state and private retirement schemes into a unified pension system would be an ideal and more sustainable move for the government....
In celebration of Labor Day on Thursday, May 1, the Social Security System (SSS) said it is rolling out enhancements to its loan offerings. President Ferdinand R. Marcos Jr. announced these improvements during his Labor Day address at SMX Convention Center in Pasay City, underscoring the...
Social Security System (SSS) President and Chief Executive Officer Robert Joseph Montes De Claro (4th from left) and Commission on Filipinos Overseas (CFO) Chairperson Dante “Klink” Ang II (3rd from left) ink an agreement for the implementation of the KaSSSangga Collect Program during a signing...
The Social Security System (SSS) is eyeing to lower loan interest rates while expanding its coverage among self-employed workers this year. According to an SSS statement released on Feb. 15, the state-run pension fund for private sector employees has listed in its 2025 pipeline of upcoming...
CEBU CITY – An owner of a security agency was found guilty of estafa after failing to remit the Social Security System (SSS) contributions of one of her former workers. The Municipal Trial Court in Cities (MTCC) Branch 1 in Mandaue City, Cebu found Arne Sarsalejo, owner of Sarsalejo Security...
Senator Risa Hontiveros urged on Wednesday, Jan. 15 the Social Security System (SSS) to defer the implementation of the contribution hike as she noted that this would further deplete workers’ wages. Hontiveros issued the call in Senate Resolution (HR) No. 1269, wherein she proposed a Senate...
Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (Facebook) Seeking the backing of his solon-colleagues, Cagayan de Oro City 2nd district Rep. Rufus Rodriguez has filed a resolution urging President Marcos to suspend the implementation of...
Rizal 4th district Rep. Fidel Nograles (PPAB) Rizal 4th district Rep. Fidel Nograles is urging President Marcos to suspend the increase in the Social Security System’s (SSS) contribution rates, citing the need to protect workers burdened...
Increases, such as the hike in members' contribution to the Social Security System (SSS), were studied well based on actuarial considerations, a Palace official said, amid calls to suspend the proposed SSS contribution increase. Executive Secretary Lucas Bersamin (Photo courtesy of PPA/KJ Rosales)...
The Social Security System (SSS) said its contribution rate increase, effective January 2025, is projected to generate an additional P51.5 billion in revenue. In a statement, Robert Joseph M. De Claro, SSS president and chief executive officer, said the substantial increase in revenue will bolster...
Senate Minority Leader Aquilino “Koko” Pimentel III (Senate PRIB) Senate Minority Leader Aquilino “Koko” Pimentel III has thrown his support behind calls to suspend the increase in the contribution rates of Social Security System (SSS)...
Former Bayan Muna Party-list Rep. Neri Colmenares (PPAB) Bayan Muna Chairman and former congressman Neri Colmenares lambasted the “scandalous disparity” between the million-peso salaries of Social Security System (SSS) officials and the...
