Senator calls for probe of P843.9-billion SSS losses

Melvin Gascon 05/29/2022

MANILA, Philippines — Sen. Francis Tolentino has called for a congressional inquiry into the reported massive net losses in the finances of the Social Security System (SSS) amounting to P843.9 billion, as shown in its 2021 unaudited…

SSS sets March 31 deadline for pensioners’ ‘proof-of-life’

Ben O. de Vera - Reporter / @bendeveraINQ 02/18/2022

MANILA, Philippines—The Social Security System (SSS) has asked pensioners to comply with their 2021 “proof of life” requirement to continue receiving their monthly pension. In a statement on Thursday (Feb. 17), the SSS said the deadline for…

SSS to start offering loan assistance packages to ‘Odette’ victims in January

Ben O. de Vera 12/26/2021

MANILA, Philippines — Private-sector members and pensioners of the Social Security System (SSS) in the six regions devastated by typhoon “Odette” last week can avail of loan assistance packages to be offered in January. In a circular…

SSS to release P27.5-B pension starting Dec. 1

Ben de Vera 11/28/2021

MANILA, Philippines — The state-run pension fund Social Security System (SSS) will release P27.5 billion in pension benefits starting on Dec. 1. In a statement, the SSS said next month’s releases will cover benefits for the month…

SSS chief: No basis for second tranche of pension hike for seniors

Julie Aurelio 02/16/2021

MANILA, Philippines — The chief of the Social Security System (SSS) on Monday said there was no basis to implement the sought-after second tranche of the approved pension increase for its elderly members. “Right now, we have…

SSS sees P41-B loss in contributions if rate hike delayed

Daphne Galvez - Reporter / @DYGalvezINQ 01/21/2021

MANILA, Philippines — The state-run pension fund Social Security System stands to lose over P41 million worth of contributions if the scheduled increase in contribution rate is shelved, an official said Thursday. SSS president and chief executive…

New bills filed to amend Universal Health Care Act

Julie Aurelio, Leila B. Salaverria, Melvin Gascon 01/06/2021

MANILA, Philippines — Lawmakers from the Senate and the House of Representatives have called for the deferment of the increase in premium payments to Philippine Health Insurance Corp. (PhilHealth). A group of senators on Tuesday filed bills…

SSS extends contribution payment deadline to Dec. 1

Ben O. de Vera 10/18/2020

MANILA, Philippines — Amid the prolonged COVID-19 pandemic, the Social Security System (SSS) has again given employers and the self-employed some more time or until Dec. 1 to remit their mandatory employee contributions to the state-run pension…

Micro, small businesses have until May 8 to apply for wage subsidy program

Irene R. Sino Cruz 05/05/2020

CEBU CITY, Philippines—Micro and small businesses have until Friday, May 8, to apply for the Small Business Wage Subsidy (SBWS) Program that is implemented through the Social Security System (SSS) to provide a wage subsidy of between…

SBWS program to provide wage subsidy for formal sector workers affected by ECQ

Irene R. Sino Cruz 04/29/2020

CEBU CITY, Philippines—Here’s good news for formal sector workers who were unable to avail of the one-time cash assistance under the COVID-19 Adjustment Measures Program (CAMP). While the Department of Labor and Employment (DOLE) could no longer…

SSS to launch COVID-19 calamity loan program on April 24

Ben O. de Vera - Philippine Daily Inquirer 04/15/2020

By next week, the Social Security System (SSS) will offer calamity loan to members grappling with the lockdown imposed due to the COVID-19 pandemic. Fernando F. Nicolas, SSS vice president for public affairs and special events, told…

Siaton tells employees separated from work to secure DOLE-7 certification, avail of unemployment insurance

Irene R. Sin Cruz 10/08/2019

CEBU CITY—Workers who were involuntarily separated from work and who wants to claim unemployment insurance from the Social Security System (SSS) have to apply for a certificate of separation from employment from the Department of Labor and…

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