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...
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...