SSS website Archive

SSS net earnings rise 42 percent to P18.7-B in 1st half of 2012

The Social Security System (SSS) reached a net revenue of P18.69 billion in the first six months of 2012, higher by 42 percent than its P13.14 billion net income in the first half of 2011, due to higher earnings from contributions and investments that complemented its measures to ensure efficient spending. SSS President and Chief [&hellip

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SSS grants amnesty to 80,000 borrowers, condones P591-M penalties

More than 80,000 members of the Social Security System (SSS) have settled their overdue loan obligations and benefited from condoned penalties amounting to P590.79 million under an ongoing amnesty program that is set to end in a month. SSS President and Chief Executive Officer Emilio de Quiros, Jr. said collectible amounts from 80,994 borrowers who [&hellip

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SSS cites info channels for members at Iloilo visit

Social Security System (SSS) President and Chief Executive Officer Emilio de Quiros, Jr. (top photo, right) cited the five main information and communication channels for members as part of his announcements to media (bottom photo) during the “Kapihan sa SSS” at Hotel del Rio in Iloilo City on June 7. Members can reach the agency [&hellip

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SSS nets P25 Billion in revenues, improves service delivery in 2011

The Social Security System (SSS) saw its financial performance continue to strengthen, posting net earnings of P25.5 billion in 2011 as a result of intensified collection efforts, prudent management of operation expenses, and robust investment income. SSS President and Chief Executive Officer Emilio de Quiros, Jr. emphasized that service delivery to members likewise improved, thanks [&hellip

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