Social Protection-SSS

MANILA, Philippines – An administration lawmaker has called for amendments to Republic Act 7277 or the Magna Carta for Disabled Persons to allow persons with disabilities (PWDs) to be covered by the Social Security System (SSS) and the Philippine Health Insurance Corp. (PhilHealth).

MANILA, Philippines – The Social Security System (SSS), the state-owned pension fund for private employees, has collected P8.51 billion in contributions in Luzon during the first six months of this year, latest data from the agency showed.

PROFITS OF pension fund Social Security System (SSS) rose by 15% in the first half on the back of higher earnings from investments and cutbacks in operating expenses.

Social Security System (SSS) has cut down its interest rates and relaxed its lending requirements to enable more companies to avail themselves of its social and business loans, a top official said.

MANILA, Philippines – The Social Security System (SSS), the state pension fund for private employees, has started production of new identification cards which may also be used to facilitate transactions with partner government agencies. In a press briefing yesterday, SSS president and chief executive officer Emilio de Quiros Jr. said the issuance of the new…

MANILA, Philippines – The Social Security System (SSS) is planning to open this year a savings window for members so they can look forward to more benefits on top of their retirement pension, a top official said. While this will be voluntary, SSS said this would encourage members to better prepare for their retirement.

Dear PAO, My father died a month ago. Three years prior to this, my mother died. I am the eldest among 5 siblings. I am 28 years old. My sister is 27 and my brothers are 21, 17 and 11. Are they entitled to death benefits and lump sum from the SSS? RY

THE Social Security System plans to raise membership dues in the next two years in a bid to lengthen the pension fund’s actuarial life and provide better returns to beneficiaries. Emilio de Quiros Jr., SSS president and chief executive officer, said membership dues will be increased by a percentage point in 2013 and every two…

State-owned Social Security System (SSS) will launch in September a provident fund as an investment tool for its members. Emilio de Quiros Jr., the pension fund’s president and chief executive officer told reporters that the provident fund would provide an opportunity for members to put in their savings besides their monthly contributions to SSS.

THE PROPOSED increase in the contributions of members of the Social Security System (SSS) scheduled this month has been deferred until stakeholders agree on when to implement the hike. Due to the delay, there is a possibility that the proposed increase by the pension fund may grow higher.

STATE-RUN Social Security System (SSS) has expanded the range of cut-off dates for contribution and loan remittances of members and employers to eliminate long queues during payment deadlines.

The hot issue on SSS is now really percolating. This column last week apparently touched a few raw nerves among our readers, many of whom are SSS members, and I did get a barrage of sentiments, mostly from people I don’t personally know but have only now seen fit to let loose their feelings about…

I was aghast at Party List Representative Neri Colmenares’ stunning revelation that the minimum SSS pension as it stands now is P1,200/month! I think many of us do not know this, but the Bayan Muna representative said, in a most recent interview in the business section of our TV show Business & Leisure that this…

MANILA, Philippines – The Social Security System (SSS), will put in place “deliberate structural changes” to be able to provide additional benefits to members.

MANILA, Philippines –  Two lawmakers have proposed that the minimum monthly pension of retired private sector workers from the Social Security System (SSS) be increased to P7,000.

A PLAN by Social Security System (SSS) to increase the contribution rate of employers and their employees has struck a raw nerve among workers’ groups—and for good reason.

ROSALES, Pangasinan—President Benigno Aquino III on Friday said there was no need to increase private employees’ premium payments to the Social Security System, saying its funds were safe.

THE Social Security System wants to increase its members’ dues to 11 percent of their salaries a month from 0.6 percent now to improve their package of benefits, the pension fund’s president and chief executive Emilio de Quiros Jr. said Tuesday.

STATE-RUN Social Security System (SSS) will increase the contribution rate on employers and workers as part of the pension fund’s move to raise benefits for its members.

MANILA, Philippines – The Social Security System (SSS), the state-owned pension fund for private employees, has started accrediting cooperatives as its collecting agents to help self-employed and voluntary members pay their regular contributions and remit loan payments on time.

CEBU, Philippines – Social Security System-Cebu branch manager Mario V. Corro clarified that self-employed and voluntary-paying members who are delinquent in the payment of their loans are not included in the penalty condonation program offered by the government insurance system.

MANILA, Philippines –  Social Security System (SSS), the state-owned pension fund for private employees, is planning to raise this year its contribution rate to 11 percent of a worker’s monthly salary credit (MSC) from the existing 10.4 percent, its top official told The STAR.

MANILA, Philippines – The Social Security System (SSS) is planning to invest in the Aquino administration’s much touted public-private partnership (PPP) for infrastructure.

CEBU, Philippines – Newly hired employees of private establishments should inform their new employers if they have pending loans with the Social Security System (SSS) so as not to cause problems to their fellow workers in the future.

At least 270,000 employers with delinquent accounts with the Social Security System will gain a six-month reprieve from penalties through the amnesty program being carried out by the pension fund.

MANILA, Philippines – The Social Security System (SSS) will implement a loan condonation program next year that will allow members with delinquent loan amortization accounts to settle their obligation with the state-pension fund.