pension fund - updates

Rappler's latest stories on pension fund


Norway sovereign wealth fund, world's biggest, to dump oil and gas

Mar 08, 2019 - 8:08 PM

(UPDATED) The government of Norway says the divestment is specifically targeting exploration and production companies, 'rather than selling a broadly diversified energy sector'

DBM wants cops, soldiers to fund their own retirement

Sep 20, 2017 - 6:18 PM

Taxpayers, like you and me, are the ones paying every year for the retirement fund of the military and police, budget chief Benjamin Diokno says

Q&A. DBM Secretary Benjamin E. Diokno talks with media during "Breakfast with Ben" at the DBM Executive Lounge in Manila. Photo from the DBM

Duterte still undecided on proposed SSS pension hike

Dec 30, 2016 - 9:00 AM

President Rodrigo Duterte says at least two Cabinet officials are firmly opposed to the proposal fearing bankruptcy of the state run insurance agency

MULLING PROPOSAL. President Rodrigo Duterte is still studying proposals for a pension hike for SSS members. Photo by Jansen Romero/Rappler

Japan's pension fund sues Toshiba over accounting scandal

Jun 23, 2016 - 6:30 PM

The Government Pension Investment Fund GPIF is seeking over 9 million in damages

epa04438145 Toshiba Corp. logo at the CEATEC Japan trade show in Chiba prefecture, east of Tokyo, Japan, 09 October 2014. EPA/CHRISTOPHER JUE

Fossil fuel divestment movement reaches $2.6 trillion

Sep 23, 2015 - 4:12 AM

The study from consultancy Arabella Advisors finds 436 institutions and 2 040 people worth a total of 2 6 trillion are now pledging to get out of fossil fuels either entirely or in particular sectors such as coal

FOSSIL FUELS DIVESTMENT. A file photo dated March 2, 2012 shows steam and fumes emerging from the brown coal-fired power plant Niederaussem operated by RWE near Bergheim, Germany. File Photo by Oliver Berg/EPA

Another SSS contribution rate hike?

Jun 23, 2015 - 8:28 AM

The Social Security System’s reserve fund will be exhausted by 2042 if the contribution rate remains unchanged while benefit payments continue to swell the fund says

LGUs, agencies neglect to pay P1B in GSIS contributions

Feb 06, 2014 - 9:33 AM

These agencies owe the state pension fund P1B in premium payments deducted from over 11 300 employees

ARREARS. Many LGUs and agencies neglect to pay employee contributions to the Government Service Insurance System. File photo by Dennis Sabangan/EPA

SC: No action yet on SSS contribution hike

Jan 14, 2014 - 8:00 PM

While the SC previously issued a TRO on Meralco s rate hike it is yet to decide on what action to take on the SSS contributions hike

SSS sells Fort property for P2.33B

Oct 08, 2013 - 5:40 PM

Clark Quay Holdings wins bid for the 8 300 sqm prime property of state run Social Security System in Bonifacio Global City

2 groups vie for SSS prime Fort property

Sep 19, 2013 - 5:30 PM

Two out of the original 6 bidders were prequalified to vie for the Bonifacio Global City property that pension fund Social Security System SSS is auctioning off

SSS postpones Fort property bidding to Sept 17

Sep 05, 2013 - 6:04 PM

Weather disturbances in August prompts pension fund SSS to postpone the bidding for its prime property in Bonifacio Global City

6 firms interested in SSS BGC property

Aug 01, 2013 - 10:15 AM

Ayala Land and Robinsons are among the firms interested to bid for the SSS property

Pension fund GSIS invests in casino project

Jul 04, 2013 - 10:01 AM

State run pension fund Government Service Insurance System GSIS invests P800 million in the soon to rise casino project

CASINO PROJECT. This is an artist's rendition of the Belle Grande Manila Bay that will house a large casino, two L-shaped hotel towers and 4 condotel towers. Photo from 2011 Belle Corp. Annual Report

SSS puts Fort property up for sale

Jul 01, 2013 - 11:38 AM

The pension fund has set the minimum bid at P2 24 billion equivalent to a selling price of P269 894 per sqm

FOR SALE. Pension fund SSS is selling its property at the Fort in Taguig City. Photo of SSS presentation

GSIS benefits from soaring PSE index, PH economic gains

Dec 05, 2012 - 12:50 PM

The head of a state run pension fund shared that the strong investment interest toward the Philippines is trickling down to beneficiaries of the pension and insurance funds that GSIS is managing for government employees and institutions

SSS employees receive P10,000 bonus for 'sterling performance'

Sep 03, 2012 - 8:30 PM

President Aquino says this modest amount is a token of gratitude for SSS s healthy financial performance

GSIS to invest in P25-B infrastructure fund

May 28, 2012 - 5:41 PM

GSIS would pour half of the P25 billion fund that may be used for public private partnership PPP for infrastructure projects

COMING SOON: police retiree pensions via ATM

Apr 11, 2012 - 4:41 PM

The shift from paychecks to ATM cards is supposed to be implemented within 2012 Rappler learned upon inquiring further with the budget department

SSS warns delinquent employers: Pay pension or face charges

Mar 09, 2012 - 2:56 PM

SSS is further stepping up efforts to go after delinquent employers who have put at risk their employees pension benefits

More SSS updates available via SMS

Feb 26, 2012 - 11:45 AM

Text SSS for status of sickness maternity disability retirement death and funeral claims as well as medical benefits under the Employees Compensation program and list of required documents

Dutch pension fund buys shares in Philippine property firm

Feb 21, 2012 - 3:53 PM

Netherlands based APG Strategic Real Estate Pool N V acquired 9 8 stake in Century Properties Group