It is a government institution that manages the social insurance program in the philippines. Sss is an acronym for social security system. It’s a government program that.
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Sss gives its members protection against the economic and social distress caused by contingencies such as sickness, maternity, disability, retirement, death, funerals, and.
It’s like a giant piggy bank where you and your.
Every sss member who earns an income is required to make a monthly contribution to the. That’s where sss, or the social security system, comes in. Sss gives every filipino a chance to secure their. To manage a sound and viable social security system which shall promote social justice and provide meaningful protection to members and their families against the hazards of disability,.
This law was later amended by republic act no. Ever wondered who’s got your back when it comes to emergencies, sickness, or retirement? Sss is established by virtue of republic act no. 1161, better known as the social security act of 1954.