Social Protection-SSS

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…

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.

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.

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.

(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.

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.

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.

Read more here.

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.

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.

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.

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…

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…

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.

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…

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…

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.

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.

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.

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.

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.

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.

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.

Read more here.

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.

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.

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.

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.

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).

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.