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Bill fortifying SSC, SSS approved at bicam level

THE BILL allowing the Social Security Commission (SSC) to raise pension contributions starting next year hurdled the bicameral conference committee on Tuesday, with Congress fully adopting the Senate’s version.

Senate OKs bill strengthening SSS

THE SENATE on Monday passed on third and final reading the bill seeking to rationalize and expand the powers of the Social Security Commission (SSC), the governing board of the Social Security System (SSS).

SSS opens calamity loan fund for Ompong-hit areas

THE SOCIAL Security System (SSS) announced yesterday that it has allocated P1.61 billion for the calamity assistance program (CAP) for more than a million of its active members and pensioners who were affected by the typhoon Mangkhut (local name: Ompong) last month.

SSS pension loan availments hit over P100M

AVAILMENTS under the pension loan program of the Social Security System (SSS) reached over P100 million during the first month of implementation, the state-run firm said on Friday.

SSS extends loan relief for members in calamity areas

THE Social Security System (SSS) said Friday that it has extended its Loan Restructuring Program (LRP) with penalties condoned for another six months, to provide relief to members living in areas affected by recent calamities.

Maternity leave bill seen to deplete SSS’ finances

THE MEASURE seeking to extend paid maternity leave will have a “serious implication” on the Social Security System’s (SSS) finances, a top official said while urging the government anew to hike its contribution rate.

SSS cites ‘serious implication’ of extended paid maternity leave

The Social Security System (SSS) said the measure seeking to extend paid maternity leave will have a "serious implication" to its finances, a top...

SSS rolls out loan facility for retirees

THE SOCIAL Security System (SSS) on Monday launched the Pension Loan Program (PLP), allowing 1.3 million retiree pensioners to borrow funds.

SSS launches loan program for pensioners

The Social Security System (SSS) on Monday launched the Pension Loan Program (PLP), allowing 1.3 million retiree pensioners to borrow funds. In an event in...

SSS contributions likely rose close to 13% at end-June

THE SOCIAL Security System (SSS) said its contribution collections likely grew by double digits in the first semester.

SSS reports earning P1.31 billion from loan restructuring program

The Social Security System (SSS) earned P1.31 billion from the three months of implementation of the loan restructuring program (LRP). In a statement Wednesday, July...

PHL signs social security deals with Germany, Japan

THE Philippines’ two major pension funds have signed social security arrangements (SSAs) with Germany and Japan to extend benefit coverage to Filipino residents of that country.

SSS collections up 7.64% in Q1

THE SOCIAL Security System (SSS) collected more contributions from its members in the first quarter, boosting the pension fund’s revenues.

SSS offers anew loan restructuring program to delinquent borrowers

THE SOCIAL Security System (SSS) will be launching another loan restructuring program for delinquent borrowers affected by natural calamities next month. "This is loan restructuring...

SSS earnings up 15%, surpass target for 2017

Social Security System (SSS) said it breached its target revenue in 2017 on the back of intensified collection efforts. In a statement sent to reporters...

In quest for sustainable social protection

Social insurance institutions: Strengthening social protection Among the other sectors, the poor are more vulnerable to the risks and shocks of volatility in the global...

SSS eyes April contribution hike

By Melissa Luz T. Lopez, Senior Reporter THE Social Security System (SSS) is eyeing to raise monthly contributions starting April, which is expected to raise P45...

Tax reform to support SSS contribution hike

THE COUNTRY’S Budget chief said it is high time to raise the contribution rates of Social Security System (SSS) members as they could easily...

SSS plans to increase PSE stake, eyes board seat

By Arra B. Francia, Reporter STATE-RUN Social Security System (SSS) is keen on getting a seat on the Philippine Stock Exchange’s (PSE) board of directors,...

SSS revenues up 9.3% to P175B

SOCIAL SECURITY System posted single-digit growth in its revenues for the first 11 months of 2017 driven by bigger collections in members’ contributions. In a...

Megawide-SSS group to bid for NAIA rehabilitation

By Arra B. Francia, Reporter DIVERSIFIED engineering conglomerate Megawide Construction Corp. and Social Security System are planning to submit to the government an unsolicited proposal...

SSS to open 2 more branches in Davao

THE SOCIAL Security System (SSS) is opening two new branches in the Davao Region next year, one in Calinan, Davao City and the other...

Conflicts of interest at SSS

As if the Social Security System (SSS) was not in enough controversy. And now the most recent issue is that of alleged conflict of...

SSS may remove cap on contributions

By Melissa Luz T. Lopez, Senior Reporter THE Social Security System (SSS) may opt to remove the cap on monthly contributions instead of implementing an...

Contribution increase ‘last option’ for SSS

DESPITE earlier pronouncements of pushing for a member contribution hike by 2018, the Social Security System (SSS) said this would be its last resort...

SSS targets charter plenary debates this month

THE Social Security System (SSS) aims to have its proposed charter amendments up for plenary debates in the Senate this month, putting it on...