MANILA, Philippines — State-run Social Security System (SSS) doubled its net loss to P844 billion in 2021 from P424 billion in 2020 due to the adoption of the margin for adverse deviation in the ...

MANILA, Philippines — The Social Security System’s (SSS) net loss almost doubled to P843.9 billion in 2021, but it was mainly due to the provision of reserves for future liabilities and the state-run ...

MANILA, Philippines — The Social Security System’s (SSS) net loss almost doubling to P843.9 billion in 2021, bloated by the inclusion of future liabilities in the new accounting system it uses, should ...

MANILA, Philippines—As its push to go digital went on full swing, the Social Security System (SSS) last year served over four out of every five members and pensioners online, the state-run pension ...

MANILA, Philippines — Senator Richard Gordon on Thursday asked the Social Security System (SSS) for proposals on how to suspend the contribution hike scheduled in 2021 without shortening the fund life ...

The Social Security System (SSS) has scored an “unmodified” opinion from the Commission on Audit (COA) for the second straight year in 2021, based on the annual report of state auditors. According to ...

Finance Secretary Carlos Dominguez III says higher contributions would ensure the viability of the pension fund. Businesses, however, are asking for a deferment amid the pandemic-induced recession.

MEMBERS of the government’s social-insurance program wait outside a Social Security System (SSS) branch in Caloocan City. STATE-run Social Security System (SSS) expanded their online services to make ...