Tag: SSS

SSS: Investment Reserve Fund “intact, well-protected”

(Eagle News) — The Social Security System on Wednesday assured its members the Investment Reserve Fund was “intact and well-protected” even after four former and current SSS officials were charged over alleged anomalous stock trading. In a statement, the SSS added that executive vice president Rizaldy Capulong, equities product development head Ernesto Francisco Jr., then-equities investment division chief Reginald Candelaria and then-chief actuary George Ongkeko Jr. would be accorded “due process” as the investigation into the […]

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Four SSS execs face profiteering raps

(Eagle News) — A complaint has been filed against a high-ranking Social Security System official after he allegedly traded stocks for his personal portfolio by using his position and the same stockbrokers who manage the SSS portfolio. A report written by Daxim Lucas published in the Inquirer on Oct. 31 said apart from  Rizaldy Capulong, the fund’s executive vice president for investments, Reginald Candelaria, equities investment division chief; Ernesto Francisco Jr., head of the equities […]

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Zamboanga City Jail inmates hinikayat na maging miyembro ng SSS

ZAMBOANGA CITY, Philippines (Eagle News) – Hinikayat ng mga pamunuan ng Social Security System (SSS) ang ilang mga naka-detain sa Zamboanga City Jail na magbukas ng account. Inilunsad nila ang “AlkanSSSya Program” na isang sistema na kanilang binuo na madaling paraan ng pag-iipon ng isang inmate sa isang coin bank. Tuwing katapusan ng buwan ay kokolektahin naman ng empleyado ng ahensiya ang mga naipon upang ipasok sa kanilang account sa SSS. Nagkaroon din ng contract signing […]

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SSS announces release of P1,000 additional benefit for pensioners under special cases

QUEZON CITY, March 9 – The Social Security System (SSS) announced that there will be separate withdrawal dates for the additional P1,000 benefit for pensioners under special cases. SSS President and Chief Executive Officer Emmanuel F. Dooc said that SSS had to run a special program for about 10 percent of its pensioners who are not regularly receiving their monthly pension as of the approval of the P1,000 additional benefit on January 10 since their pension […]

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Sen. Gordon, pinuri ang P1,000 SSS pension hike

MANILA, Philippines (Eagle News) –Pinuri ni Senador Richard Gordon ang desisyon ni Pangulong Rodrigo Duterte na aprubahan ang 1 thousand peso pension hike ng Social Security System (SSS). Bina-bati ng senador ang desisyon ng pangulo na hatiin sa dalawang (2) bahagi ang 2 thousand pesos pension hike na tiyak namang ikalulugod ng 2.18 million pensioners sa bansa. Nangako naman si Senador Gordon na magbibigay ng batas para palakasin ang SSS at tulungan ito sa kanilang […]

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President Duterte okays P1,000 SSS pension increase; hike in members’ contributions seen in May

    (Eagle News) – Starting next month, pensioners of the Social Security System will start receiving an increase of P1,000 in their monthly pensions. This was after President Rodrigo Duterte approved the P1,000 increase in SSS pensions this month –  half of the P2,000 SSS pension hike which he had initially wanted. The increase, however, also meant a “corresponding 1.5 percent contribution rate hike,” starting in May, according to the Palace. The other P1,000 […]

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Social Security System – Daet, pansamantalang sinuspinde ang pagbibigay ng SSS number

Daet, Camarines Norte – Naglabas ngayon ng abiso ang Social Security System – Daet (SSS) sa publiko, partikular ang mga magtutungo sa kanilang tanggapan para kumuha ng SSS number na pansamantalang ititigil nila ang pag-iisyu nito. Ayon sa tagapagsalita ng SSS – Daet Branch na si Gng. Letty Del Barrio, may isinasagawang pag-aayos ang kanilang information technology experts sa kanilang system. Ipinaliwanag ni Del Barrio na hindi lang aniya ito dito sa Daet Branch kundi sa […]

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Head of the misers – the SSS veto

QUEZON City, Philippines (January 21) – The much buzzed-over veto of P-Noy to the pension hike of SSS beneficiaries makes everyone do their heavy face-palms. It’s an outrageous move. Both houses, the House of Representatives and the Senate, already approved its passing. All possible holes about the bill were already debated. Only the President’s signature is missing. According to the President, the agency would go bankrupt if the bill was approved. This statement is supported by […]

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Malacanang says Pnoy’s veto on P2,000 SSS pension increase to ensure SSS stability until 2042

(Eagle News) — Malacañang has explained why President Benigno S. Aquino III has vetoed the bill which provides for a P2,000 increase in the monthly pension of Social Security System (SSS) members, saying that it was a move to ensure the stability of SSS until 2042. House Bill No. 5852 is an act “mandating a P2,000 across-the-board increase in the monthly pension with a corresponding adjustment of the minimum monthly pension under the Social Security […]

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SSS number now open for online application

QUEZON City, Philippines (Eagle News) – The public can now apply for a Social Security System Membership number online on the SSS website, part of the aim of said government agency to provide fast and efficient service. (Eagle News Service Jay Paul Carlos, Vince Alvin Villarin)

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SSS to grant calamity assistance to ‘Lando’ affected members

QUEZON CITY, Oct. 20 — The Social Security Commission, the policy-making body of the Social Security System (SSS), has approved the grant of a calamity relief package for SSS members and pensioners affected by Typhoon Lando for calamity areas declared by the National Disaster Risk Reduction and Management Council (NDRRMC). SSS Assistant Vice President for Member Loans Boobie Angela A. Ocay said SSS members and pensioners residing in areas to be declared by the NDRRMC under […]

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