House of Representatives Approved SSS Pension Hike Bill

The Lower House of Philippine Congress, the House of Representatives approved on third and final reading a bill mandating a P2,000 across-the-board increase in all monthly Social Security System (SSS) pension. The bill is now at the Upper House of Congress, the Philippine Senate. According to House Bill 5842, the bill seeks to amend Republic … Read more

SSS Disbursed P102.8 Billion in Benefits Payments for the Year 2014

The country’s Social Security System (SSS) disbursed a total of P102.8 billion in social security and employees’ compensation (EC) benefits to its members during the year 2014 according to the latest announcement released by the management of SSS. According to SSS President and Chief Executive Officer Emilio S. De Quiros Jr., there was an increase … Read more

SSS Offices & Services Scheduled Shutdown During Holy Week 2014

The Social Security System of the Philippines announced through a press release that it will go on shutdown starting on 4:00 AM on April 17, 2014 (Holy Thursday) for “the annual preventive maintenance of its power substations.” The SSS noted that the following services will be inaccessible to the Filipino public: SSS Website Interactive Voice Response … Read more

SSS Released P11.02 Billion 13th-Month Bonus of Retirees

The Social Security System (SSS) of the Philippines announced on Friday, December 20, 2013 that it has released P11.02 billion covering the 13-month bonuses and pensions of nearly two million retirees for December 2013. According to SSS the amount released by the agency represent an increase of seven percent from the P10.27 billion released by … Read more

SSS Officials Bonus Received Reached P10 Million

The Social Security System officials received more than P10 million bonuses during the year 2012 as confirmed by the SSS President and CEO Emilio de Quiroz. The bonuses received by the SSS officials received some harsh and negative comments from ordinary SSS members.   SSS President and CEO Emilio de Quiros Jr (Photo Credit: Rappler.com) … Read more

SSS Contribution Table for 2014 Released, to Start on January

The Social Security System have already released the SSS Contribution Table for the year 2014. Starting on January 2014, SSS members will follow the updated contribution table after the approved 0.6-percentage-point increase in member contributions to be paid for by employers and their workers. SSS Contribution Table 2014: (click the pdf below this article for … Read more

Reasons of SSS Contribution Hike Explained

The Social Security System (SSS) explained the reason behind the planned contribution rate hike, a move that is backed by no less than the President of the Republic, Pres. Aquino. SSS President and CEO Emilio de Quiros said on Friday that the proposed 0.6% increase in contributions would help ensure the pension fund’s viability. The … Read more

SSS Contribution P25 Billion in First Quarter of 2013

The Philippines Social Security System (SSS) announces that they have already collected P25.58 billion in contributions for the first quarter of 2013, a 7.8% higher compared to last year’s collections. According to SSS President and CEO Emilio de Quiros, Jr., during a statement, he was quoted that the contribution collection in Southern Mindanao increased by … Read more

SSS Contribution Hike Might be Issued in June 2013

The Social Security System (SSS) contribution table for 2013 will likely change in the middle of the year as the President Aquino hinted on an increase in contribution rate during his pre-Labor Day Dialogue speech in Malacañang on Tuesday. Related Article: SSS Released the January 2014 Contribution Table (Latest) The President was quoted as speaking … Read more