Social Protection-SSS

SSS to refund P105 million pension loan payments

Published by rudy Date posted on February 13, 2022

Elijah Felice Rosales – The Philippine Star February 13, 2022 | 12:00am MANILA, Philippines — State-run Social Security System (SSS) is extending P105 million in refunds to more than 25,000 borrowers as part of measures to mitigate the impact of the COVID-19 pandemic. The pension fund manager said that it has started refunding one to…

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SSS unemployment benefits hit P870 million

Published by rudy Date posted on November 20, 2021

by Elijah Felice Rosales – The Philippine Star, 20 Nov 2021 MANILA, Philippines — State-run provident fund Social Security System (SSS) has issued P870 million in unemployment benefits in nine months to September as thousands of workers have yet to go back to the jobs they lost to the pandemic.

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SSS waives penalties for overdue accounts

Published by rudy Date posted on November 18, 2021

by Elijah Felice Rosales – The Philippine Star, 18 Nov 2021 MANILA, Philippines — The Social Security System (SSS) has waived until February next year the penalties for members whose loan payments are overdue.

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SSS urges compliance of employers

Published by rudy Date posted on August 31, 2021

by The Philippine Star, 31 Aug 2021 MANILA, Philippines — The Social Security System (SSS) reminds all employers, registered and unregistered, to be compliant with their legal obligations to their employees, regardless of employment status, to avoid penalty and imprisonment under the provisions of Republic Act 11199 or the Social Security Act of 2018.

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SSS self-employed, voluntary membership up by 20.2%

Published by rudy Date posted on July 28, 2021

(The Philippine Star), 28 Jul 2021 MANILA, Philippines — The number of self-employed and voluntary members (SEVM) of the Social Security System (SSS) increased by 20.2 percent to 8.43 million as of May 2021.

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1.5M stopped SSS contributions in 2020

Published by rudy Date posted on July 1, 2021

by Ben O. de Vera, 1 Jul 2021 About 1.5 million members of the Social Security System (SSS) stopped paying contributions last year due to the harder times wrought by the pandemic.

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New law lets Duterte hold SSS contribution hikes

Published by rudy Date posted on May 29, 2021

by Christina Mendez (The Philippine Star), 29 May 2021 MANILA, Philippines — The bill granting the President the power to hold off Social Security System (SSS) contribution hikes during the coronavirus pandemic has been signed into law.

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ExpreSSS E-Learning Portal

Published by rudy Date posted on May 5, 2021

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Revisit pension policies

Published by rudy Date posted on April 4, 2021

by Mary Ann LL. Reyes (The Philippine Star), 4 Apr 2021 Many people do not fear the inevitable that is, soon, they will grow old. But what they fear is the fact that having retired and unemployed, the pension that they receive, and whatever savings they have, won’t be enough for their needs.

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SSS jobless benefit claims rise 10-fold

Published by rudy Date posted on March 13, 2021

by Czeriza Valencia (The Philippine Star), 13 Mar 2021 MANILA, Philippines — Unemployment claims from state-run Social Security System (SSS) rose by nearly 10 times last year after the rate of joblessness soared to a record high amid the pandemic, the Department of Finance (DOF) said yesterday.

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

Published by rudy Date posted on January 22, 2021

By: Daphne Galvez, Philippine Daily Inquirer, 22 Jan 2021 MANILA, Philippines — The state-run pension fund Social Security System stands to lose over P41 billion worth of contributions if the scheduled increase in contribution rate is shelved, an official said Thursday.

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WISP: The SSS Provident Fund Program

Published by rudy Date posted on January 6, 2021

By Aurora C. Ignacio, Businessmirror, 6 Jan 2021 Finally, it’s the third working day of the year and just like everybody else from the working population, I am back to work. Indeed, the recent holiday has been a short and relaxing respite from last year’s workload and this year, 2021, is another year to start…

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WISP: The SSS Provident Fund Program

Published by rudy Date posted on January 6, 2021

By Aurora C. Ignacio, Businessmirror, 6 Jan 2021 Finally, it’s the third working day of the year and just like everybody else from the working population, I am back to work. Indeed, the recent holiday has been a short and relaxing respite from last year’s workload and this year, 2021, is another year to start…

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SSS lays out enrolment guidelines for new provident fund

Published by rudy Date posted on December 25, 2020

by Mary Grace Padin (The Philippine Star), 25 Dec 2020 MANILA, Philippines — The Social Security System (SSS) has laid out the guidelines for the enrolment of members in a mandatory provident fund (MPF) program.

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SSS says fee hike in January to prolong pension fund life, raise future benefits

Published by rudy Date posted on December 23, 2020

by Ben O. de Vera, Philippine Daily Inquirer, 23 Dec 2020 MANILA, Philippines—The top management of the state-run Social Security System (SSS) on Wednesday (Dec. 23) said pushing through with the scheduled increase in private sector employees’ fees to 13 percent next year would not only prolong pension funds but also raise future benefits for…

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7 Dec 2020 – Despite pandemic, SSS contribution rate hike a go in 2021

Published by rudy Date posted on December 7, 2020

by Ben O. de Vera, Philippine Daily Inquirer, 7 Dec 2020 MANILA, Philippines—Despite the COVID-19 pandemic that shed millions of jobs and shuttered thousands of businesses, the state-run pension fund Social Security System (SSS) on Monday (Dec. 7) said the scheduled increase in contribution rate to 13 percent from 12 percent at present will push…

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SSS grants moratorium on short-term loan payments

Published by rudy Date posted on November 7, 2020

by Mary Grace Padin (The Philippine Star), 7 Nov 2020 MANILA, Philippines — State-run Social Security System (SSS) has granted a moratorium on the payment of loans for the months of October and November to provide relief to its members amid the coronavirus pandemic.

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Philippine retirement system ranked 4th lowest – survey

Published by rudy Date posted on October 21, 2020

by Mary Grace Padin (The Philippine Star), 21 Oct 2020 MANILA, Philippines — The Philippines has the fourth worst pension system among 39 countries, according to a study which benchmarks retirement income systems across the globe.

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SSS extends contribution payment deadline to Dec. 1

Published by rudy Date posted on October 18, 2020

by Ben O. de Vera, Philippine Daily Inquirer, 18 Oct 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 fund.

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SSS, GSIS pensioners entitled to ‘ayuda’ too

Published by rudy Date posted on May 13, 2020

by Jarius Bondoc (The Philippine Star), 13 May 2020 Too frequent are erroneous remarks in media that SSS and GSIS pensioners should not receive “ayuda” anymore. Those stem from the mistaken belief that pensions are aid from the government. They are not.

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SSS hires 2 more fund managers for fixed-income investments

Published by rudy Date posted on January 7, 2020

by Philippine Daily Inquirer, 7 Jan 2020 The state-run pension fund Social Security System (SSS) has hired two more local fund managers to handle P2 billion in pure fixed-income funds during the next two years.

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SSS reaching out to farmers, fishermen

Published by rudy Date posted on December 30, 2019

By: Karl R. Ocampo, Philippine Daily Inquirer, 30 Dec 2019 State-run pension fund Social Security System (SSS) has inked a partnership agreement with Philippine Crop Insurance Corp. (PCIC) to bring social security coverage to Filipino farmers and fisherfolk.

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SSS working to enroll more farmers —official

Published by rudy Date posted on November 17, 2019

by Jon Viktor Cabuenas/LBG, GMA News, 17 Nov 2019 The Social Security System (SSS) said it is now working to enroll more informal workers, especially farmers, into its program.

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Philippine retirement system among worst in the world

Published by rudy Date posted on October 21, 2019

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SSS allows up to ₱200,000 loan for pensioners on Elderly Filipino Week

Published by rudy Date posted on October 11, 2019

By CNN Philippines Staff, 11 Oct 2019 Metro Manila (CNN Philippines, October 11) — The Social Security System (SSS) announced a fresh borrowing program for pensioners worth up to ₱200,000.

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Maternity benefits affect hiring policy

Published by rudy Date posted on August 1, 2019

by Federico D. Pascual Jr. (The Philippine Star), Aug 1, 2019 THE NEGATIVE unintended consequence was debated at length before the law (RA 11202) was passed recently to expand paid maternity leave to 105 days, but some employers are reportedly still weighing options on hiring female workers.

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SC declares valid 2014 SSS premium pay hike

Published by rudy Date posted on July 22, 2019

by Tetch Torres-Tupas, Philippine Daily Inquirer, Jul 22, 2019 MANILA, Philippines – The Supreme Court affirmed the January 2014 0.6-percent increase in the monthly premiums for Social Security System (SSS) members.

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SSS sets guidelines in giving unemployment insurance

Published by rudy Date posted on July 18, 2019

By Rea Cu, Businessmirror, Jul 18, 2019 THE Social Security System (SSS) has issued a circular embodying the implementing guidelines for the payment of unemployment insurance or involuntary separation benefit, in accordance with Republic Act (RA) 11199 or the Social Security Act of 2018.

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Manning agencies oppose SSS coverage of OFWs

Published by rudy Date posted on June 18, 2019

by Mayen Jaymalin (The Philippine Star), Jun 18, 2019 MANILA, Philippines — Major associations of local manning agencies yesterday asked the Supreme Court to stop the implementation of the Social Security System (SSS) Rationalization Act, which requires mandatory membership of overseas Filipino workers (OFWs).

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SSS pension loans hit P1-B mark

Published by rudy Date posted on June 17, 2019

By Rea Cu, Business Mirror, Jun 17, 2019 RELEASES under the Social Security System’s Pension Loan Program (PLP) have hit the P1-billion mark, with around 42,000 people availing since its implementation in September 2018, the SSS reported on Sunday.

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April – Month of Planet Earth

“Full speed to renewables!”

 

Continuing
Solidarity with CTU Myanmar,
trade unions around the world,
for democracy in Myanmar,
with the daily protests of
people in Myanmar against
the military coup and
continuing oppression.

 

Accept National Unity Government
(NUG) of Myanmar.
Reject Military!

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