SSS records P236.3-B benefit disbursements from Jan-Nov 2022, up 13.2%

Posted on December 28, 2022
Benefit payments reach P1.20-T in less than 6 years The Social Security System (SSS) disbursed a total of P236.3 billion in benefits from January to November 2022, a growth of 13.2% from the P208.8 billion benefit disbursements it recorded for the same period last year. SSS President and CEO...
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Contribution rate increase boosts SSS fund life by 22 years

Posted on December 22, 2022
The Social Security System (SSS) announced today that an additional 22 years have been added to the SSS fund life with the help of contribution rate increases since 2019. SSS President and Chief Executive Officer Michael G. Regino explained how after implementing the additional P1,000 pension benefit in 2017,...
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SSS launches WISP Plus, the newest retirement savings scheme for members

Posted on December 15, 2022
The Social Security System (SSS) introduces the Worker’s Investment and Savings Program (WISP) Plus, its newest retirement savings scheme for SSS members. In a press briefing, SSS President and Chief Executive Officer Michael G. Regino explained WISP Plus is a voluntary retirement savings program offered exclusively to SSS members...
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SSS Advisory: Free upgrade to UMID ATM Pay Card

Posted on December 12, 2022
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SSS inks agreement with banks to upgrade Regular UMID Cards to UMID ATM Pay Cards

Posted on December 12, 2022
The Social Security System (SSS) announced that it has entered into agreement with banks for the issuance of UMID ATM Pay Cards.  With the UMID ATM Pay Cards, SSS members will enjoy the advantages of having a disbursement account for their benefits, loans, and refunds, and access to the...
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