MANILA, Philippines — State-run Social Security System (SSS) doubled its net loss to P844 billion in 2021 from P424 billion in 2020 due to the adoption of the margin for adverse deviation in the ...
The Social Security System (SSS) registered earnings of P28 billion in 2021 from its operations, with contributions and investment income exceeding benefit payments and operating expenses. In its 2021 ...
THE Social Security System (SSS) last Monday reiterated that the accounting net loss shown in its 2021 audited financial statements is primarily due to the presentation of policy reserves in its ...
MANILA, Philippines — The Social Security System’s (SSS) net loss almost doubled to P843.9 billion in 2021, but it was mainly due to the provision of reserves for future liabilities and the state-run ...
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