Social Security System (Philippines)
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The Social Security System (SSS; Filipino: Paseguruhan ng Kapanatagang Panlipunan) is a state-run, social insurance program in the Philippines to workers in the private, professional and informal sectors. SSS is established by virtue of Republic Act No. 1161, better known as the Social Security Act of 1954. This law was later amended by Republic Act No. 8282 in 1997. Government employees, meanwhile, are covered under a separate state-pension fund by the Government Service Insurance System (GSIS).
Quick Facts Native name, Company type ...
Native name | Paseguruhan ng Kapanatagang Panlipunan |
---|---|
Company type | Government-owned and controlled corporation (GOCC) |
Industry | Insurance |
Founded | June 3, 1957; 67 years ago (1957-06-03) |
Headquarters | SSS Building, East Avenue, Diliman, , |
Key people | Rolando L. Macasaet President and CEO |
Services | Pension, Loan |
Revenue | ₱362.2 billion[1] (2023) |
₱83.13 billion[1] (2023) | |
Website | www |
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