Stat-run Social Security System (SSS) said the pension fund has registered a decline in payments for disability benefits last year due to the imposing of movement restrictions aimed at containing the spread of coronavirus. In a statement, Aurora C. Ignacio, SSS president and chief executive said on...
State-run Social Security System said its payments for death benefit claims declined last year due to the quarantine protocols that limited people’s movements. In a statement, Aurora C. Ignacio, SSS president and chief executive said on Tuesday, March 23, that death benefit claim...
State-run Social Security System (SSS) said that its sickness benefit payouts dropped last year due to the government’s nationwide community quarantine measures. Aurora C. Ignacio, SSS president and chief executive said the pension fund’s disbursements for sickness benefits reached P1.82...
State-run Social Security System (SSS) has tapped the Bank of the Philippine Islands (BPI) as a new payment channel for members to pay their contributions through the pension fund’s mobile app conveniently. In a statement, Aurora C. Ignacio, SSS president and chief executive, said individual...
State-run Social Security System (SSS) asked its members and covered employers to ensure the correctness and validity of their disbursement accounts when enrolling in the Disbursement Account Enrollment Module (DAEM) through the My.SSS portal. In a statement, Aurora C. Ignacio, SSS president...
Increased demand for public health services as well as the government’s cash aid for workers in small businesses pushed up the Duterte administration’s monetary support to state-run companies last year. Data from the Bureau of the Treasury showed that total subsidies to government-owned...
(Editor's Note: This is a column written by CREBA National Chairman Charlie A.V. Gorayeb) Pressed by the urgent need to stimulate the national economy toward full post-COVID recovery, the country’s largest organization of real estate and housing industry players is pushing for the passage of...
State-run Social Security System (SSS) has added more services to the pension fund’s online services portfolio as it steps up efforts to digitalize member and employer transactions. In a statement, Aurora C. Ignacio, SSS president and chief executive said there is a need to bring SSS...
State-run Social Security System (SSS) is appealing to the House of Representatives for an “objective decision” on the proposed measures postponing the contribution rate hike for this year. In a statement, Aurora C. Ignacio, SSS president and chief executive, said the pension fund’s...
State-run Social Security System (SSS) warned that the suspension of the scheduled increase in member-contribution will considerably strain the already dire financial position of the pension fund. During the House Committee on Government Enterprises and Privatization hearing,...
Business and labor groups have asked the Social Security System to defer premium hike until the new law is adopted. This the position of The Leaders Forum (LF), a national bipartite committee composed of the Employers Confederation of the Philippines, Philippine Chamber of Commerce and Industry,...
State-run Social Security System (SSS) warned that any delay in implementing the scheduled increase in contribution rate as well as minimum and maximum monthly salary credits (MSCs) could endanger the pension fund. In a statement, Aurora C. Ignacio, SSS president and chief executive, said delayed...