SSS earns P28B in 2021; reported net loss due to new accounting standards

Posted on May 30, 2022
The Social Security System (SSS) announced that it has registered earnings of P28 billion in 2021 from its operations, with its contributions and investment income exceeding benefit payments and operating expenses. In its 2021 unaudited financial statement, its cash inflows of P262 billion surpassed its cash outflows of P234...
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SSS welcomes delegates from Bangladesh conducting a study visit in the Philippines

Posted on May 30, 2022
The Social Security System (SSS) on Tuesday welcomed 11 delegates from the various government agencies of the People’s Republic of Bangladesh who are conducting a study visit in the Philippines. In his welcome message, SSS President and CEO Michael G. Regino shared how the SSS intensified the digital transformation...
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SSS offers faster and more convenient online pension loan application for first time borrowers

Posted on May 30, 2022
Social Security System (SSS) President and CEO Michael G. Regino on Wednesday announces that retirement pensioners who are first time borrowers under the SSS Pension Loan Program (PLP) may file their applications online starting May 30, 2022 in the My.SSS Portal. Previously, first time pension loan borrowers needed to...
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SSS resumes updating of member’s contact information via My.SSS

Posted on May 26, 2022
The Social Security System (SSS) announced today that members may update their contact information online starting May 16, 2022 after the state-run pension fund resumed the said online updating of record on the My.SSS portal. In a statement, SSS President and Chief Executive Officer Michael Regino said members using...
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SSS Short-Term Member Loan Penalty Condonation Program to end on May 14, 2022

Posted on May 13, 2022
Social Security System (SSS) President and Chief Executive Officer Michael G. Regino urges members with past-due loans to avail of the Short-Term Member Loan Penalty Condonation Program (STMLPCP) or Pandemic Relief and Restructuring Program 5 (PRRP 5) before it ends on May 14, 2022. As part of the Pandemic...
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