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MANILA, Philippines —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target of P51.06 billion for the year and the highest attained so far by the state pension…
The Supreme Court has quashed a provision in the Social Security Act that disqualified individuals from receiving a survivorship pension if they became legitimate spouses only after the pensioners they married had suffered permanent disability. In a…
CEBU CITY, Philippines – The “Bayan Bangon Muli” caravan will be launched in Compostela, Cebu, on May 21, 2023, offering various government services for free. Compostelanhons and residents from neighboring towns in northern Cebu could avail of…
Finance Secretary Benjamin Diokno has sounded the alarm on “unsustainable” pensions for our military and other uniformed personnel (MUP), warning of an imminent fiscal collapse if reforms are not initiated soon. The MUP includes the Armed Forces…
MANILA, Philippines — A panel from the House of Representatives on Monday approved several amendments to the proposed Maharlika Investment Fund (MIF), including penal provisions that would prescribe jail time and fines for officials who violate investment…
I first got my GSIS (Government Service Insurance System) retirement pension after I turned 65 in 2017. At that time, I opted to get a five-year lump sum since I was still serving as UP Diliman chancellor…
MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. on Friday said he is committed to improving the efficiency and productivity of the Social Security System (SSS) “to improve the welfare” of the Filipino people. He issued the remark during…
MANILA, Philippines — The release of benefits and pensions of Social Security System (SSS) members that were processed from August 25 would be delayed due to the recent fire that affected its central office in Quezon City,…
MANILA, Philippines — Fire broke out at the Social Security System (SSS) central office along East Avenue in Barangay Pinyahan, Quezon City on Sunday morning, according to the Bureau of Fire Protection (BFP). The BFP reported that the…
MANDAUE CITY, Philippines — At least eight employers in Mandaue City who were alleged to be delinquent in remitting their workers’ contributions were visited by the Social Security System Visayas Central 1 Division on Friday morning, July…
Manila, Philippines — The Social Security System (SSS), the state-run pension fund for private-sector workers, has further extended the deadline to comply with the proof-of-life scheme covering some pensioner-beneficiaries up to Oct. 31 of this year. In…
MANILA, Philippines—The Social Security System (SSS) has included self-employed members below but nearing the age 65 among those required to file retirement claims online. “The coverage of the mandatory online filing of retirement benefit claims through the…
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