SSS net income jumps 224%
The Social Security System (SSS) grew its bottom line by 224 percent to P73.3 billion in 2019 on the back of a higher contribution rate imposed under the state-run pension…
SSS gets biggest GOCC subsidy in April for workers’ aid program
MANILA, Philippines – The national government released P34.416 billion in subsidies to state-run corporations in April, with the bulk received by the Social Security System (SSS) to disburse wage subsidies…
M Lhuillier distributes SSS (SBWS) aid to over One Million beneficiaries
M Lhuillier (ML), the leading non-bank financial institution in the Philippines today holds on to its commitment to serve the Filipinos during this health crisis by supporting the Small Business…
SSS members who lost jobs can get up to P20,000 aid
MANILA, Philippines — Contributing members of the Social Security System (SSS) who lost their jobs due to the COVID-19 pandemic can get as much as P20,000 in cash benefit. SSS…
SSS website down: Deadline for wage subsidy applications extended to May 8
The government has given micro, small and medium enterprises (MSMEs) more time, or until May 8, to apply for wage subsidies as the Social Security System (SSS) website, where they…
SSS taps PayMaya for small biz wage subsidy
MANILA, Philippines – State pension fund Social Security System (SSS) has tapped digital money services provider PayMaya to help disburse some of its coronavirus (COVID-19) response funds. Specifically, PayMaya said…
SSS to launch COVID-19 calamity loan program on April 24
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…
GSIS, SSS move members’ payment deadlines to June 1 as COVID-19 relief
The country’s two state-run pension funds on Tuesday (April 7) announced relief for members with loans and those in the private sector worrying about meeting the deadline of their regular…
COVID-19 relief: SSS, GSIS pensions come early
Cash benefits of Government Service Insurance System (GSIS) pensioners came earlier than usual after the GSIS released these on Thursday (April 2). The monthly GSIS pension was usually due on…
Proof of life requirement for SSS pension set aside during COVID-19 onslaught
Social Security System (SSS) pensioners need not present themselves anymore in SSS offices to prove they’re alive to receive pension. The so-called proof of life requirement has been set aside…