Social Security System (Philippines)

Social Security System
Native name
Paseguruhan ng mga Naglilingkod sa Pribado
Company typeGovernment-owned and controlled corporation (GOCC)
IndustryInsurance
FoundedJune 3, 1957; 67 years ago (1957-06-03)
HeadquartersSSS Building, East Avenue, Diliman,
Quezon City
,
Philippines
Key people
Voltaire P. Agas (OIC)[1][2](President and CEO)
ServicesPension, Loan
RevenueIncrease₱362.2 billion[3] (2023)
Increase₱83.13 billion[3] (2023)
Websitewww.sss.gov.ph

The Social Security System (SSS; Filipino: Paseguruhan ng mga Naglilingkod sa Pribado)[4] 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-run pension fund by the Government Service Insurance System (GSIS).

  1. ^ Gonzales, Anna Leah (October 28, 2024). "BBM names Voltaire Agas as new OIC of SSS". Philippine News Agency. Retrieved October 30, 2024.
  2. ^ Cordero, Ted (October 12, 2024). "De Claro named as SSS officer-in-charge". GMA Network. Retrieved October 12, 2024.
  3. ^ a b Social Security System (February 24, 2024). SSS net income in 2023 soars to P83 billion (Report). Retrieved April 4, 2024.
  4. ^ Narvaez, Eilene Antoinette; Macaranas, Edgardo, eds. (2013). Mga Pangalan ng Tanggapan ng Pamahalaan sa Filipino (PDF) (in Filipino) (2013 ed.). Komisyon sa Wikang Filipino. p. 6. ISBN 978-971-0197-22-4. Archived from the original (PDF) on March 29, 2017. Retrieved October 26, 2024.