Category Archives: SSS Updates

SSS puts mandatory use of PRN for loan payments in effect

Starting July 1, 2021, covered members and employers are now required to use Payment Reference Numbers (PRN). PRN is used for their Salary, Calamity, Emergency, and Restructured loan payment transactions to facilitate the immediate and correct posting of loan payments to their matching loan accounts. The implementation of the PRN was delayed and supposed to…

SSS obtained fifth highest resolution rate among government agencies

The Social Security System (SSS) achieved a 92.03 percent resolution rate for queries, complaints, and requests, said the Civil Service Commission (CSC), attaining the fifth-highest rank among government agencies in the country. In its Contact Center ng Bayan (CCB) January to December 2020 Report, CSC said the pension fund resolved 1,166 queries, complaints, and requests…

SSS launches ExpreSSS e-Learning Portal as part of their digital transformation efforts

In November 2020, SSS introduced ExpreSSS e-Learning Portal that offers an online learning platform to all members, employers, and other stakeholders to learn about the benefits and services of the pension fund. This marks another milestone in the pension fund’s digital transformation efforts.  Because of the existing community quarantine measures that restrict various SSS offices…

Three SSS Updates that you need to read

“Money does not buy you happiness, but lack of money certainly buys you misery.” -Daniel Kahneman- Mandatory Use of SSS Payment Reference Number This photo was taken from: Facebook: Philippine Social Security System – SSS The date for using a payment reference number (PRN) for short-term loan payments has been pushed back from April 1…

OFW FINANCE – Money News Update that you need to read (Table of Contents)

“The more that you read, the more things you will know. The more that you learn, the more places you’ll go.” -Dr. Seus- On the spur of the moment, the COVID-19 Pandemic strike the whole world. It affected every aspect in our daily lives leaving us confused, lost, distressed and depressed. Being an Overseas Filipino…

SSS’ scheduled contribution rate increase

“The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethoughts, and so broadens the mind.” -T. T. Munger- This photo was taken from: Facebook: Philippine Social Security System – SSS   On 04 January, the Social Security System said that the scheduled increase…

Enroll your SSS Disbursement Account

“That man is richest whose pleasures are cheapest.” -Henry David Thoreau-   Enroll your SSS Disbursement Account These photos were taken from: Facebook: Philippine Social Security System – SSS   Heads up, mga Kababayan in Kuwait! You may now enroll your disbursement account in your My.SSS that can be used when applying for SSS Loans…

PhilHealth’s Statement on the PCR Testing

“Wealth is not about having a lot of money; it’s about having a lot of options.” -Chris Rock-   PhilHealth’s Statement on the PCR Testing This photo was taken from: CNN Philippines   Philippine Health Insurance Corporation (PhilHealth) knows that Philippine Red Cross (PRC) is an important partner in the government’s aim to curb COVID-19…

SSS Pensions Update

“Money is a terrible master but an excellent servant.” -P. T. Barnum- SSS Pensions Update Online Application for SSS Pension Loan now available This photo was taken from: Facebook: Philippine Social Security System – SSS   Good news, Kabayan! The Social Security System has added a new feature to its website that allows retirees to…

SSS enforces its mandatory online transaction and checkless disbursement

“Buy when everyone else is selling and hold when everyone is buying. That’s not just a catchy slogan. It’s the very essence of successful investing.” -J. Paul Getty- SSS enforces its mandatory online transaction and checkless disbursement This photo was taken from: Facebook: Philippine Social Security System – SSS    On 21 September, the SSS…

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