Social Security System (Philippines)

Social Security System
Native name
Paseguruhan ng Kapanatagang Panlipunan
Company typeGovernment-owned and controlled corporation (GOCC)
IndustryInsurance
FoundedJune 3, 1957 (1957-06-03)
HeadquartersSSS Building, East Avenue, Diliman, ,
Key people
Rolando Ledesma Macasaet President and CEO
ServicesPension, Loan
RevenueIncrease₱362.2 billion[1] (2023)
Increase₱83.13 billion[1] (2023)
Websitewww.sss.gov.ph

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).

  1. ^ a b Social Security System (February 24, 2024). SSS net income in 2023 soars to P83 billion (Report). Retrieved April 4, 2024.

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