SSS members’ mandatory provident fund generates an income of ₱333.77 million and returns of 6.39% in its first year

Posted on June 27, 2022
The Social Security System (SSS) said on Monday that the pension fund’s mandatory provident fund for its members called the Workers’ Investment and Saving Program (WISP) generated an income of ₱333.77 million with a corresponding return of 6.39 percent in the first year of its implementation. SSS President and...
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Mandatory Online filing of retirement claims to also cover Self-Employed Members aged 60 to 64 years old starting July 1

Posted on June 24, 2022
Social Security System (SSS) President and CEO Michael G. Regino said the coverage of the mandatory online filing of retirement benefit claims through the My.SSS Portal will be extended to self-employed members who are 60 to 64 years old starting July 1, 2022. This is in addition to all...
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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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