(JANSEN ROMERO / FILE PHOTO / MANILA BULELTIN)
SSS President and CEO Aurora Ignacio made this disclosure even as the House Committee on Public Accounts directed the SSS to submit a full report explaining its management of the social pension fund, including documents detailing its P550 billion investments in various income-earning ventures.
Chaired by Probinsyano Ako Rep. Jose “Bonito” C. Singson Jr. , the House panel launched its inquiry into the management by state-owned firms of social security and medical care funds in order to ensure their financial stability.
Singson said a simultaneous investigation will be conducted into the fund management of the Government Service Insurance System and the Philippine Health Insurance Corporation.