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...
Gabriela Women’s Party-list Rep. Arlene Brosas (PPAB) Gabriela Women’s Party-list Rep. Arlene Brosas is urging the government to suspend the increase in the Social Security System’s (SSS) contribution rates to 15 percent, arguing that it will...
Private sector workers will soon face higher Social Security System deductions as the state-run pension fund announced increased contribution rates to shore up revenues and ensure long-term stability. Effective Jan. 1, 2025, the SSS contribution rate will rise to 15 percent, according to Circulars...
State-run Social Security System (SSS) announced that it had disbursed over P1.15 billion in calamity loan assistance to nearly 70,000 members affected by recent typhoons. In a statement, Carlo C. Villacorta, SSS acting head for public affairs, said the swift action comes in response to the urgent...