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SSS to resume foreign investments next year | Asia Asset Management
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SSS conducts first virtual Pensioners Day; benefits over 2,000 pensioners nationwide
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SSS Conducts The First Virtual Pensioners Day; Benefits Over 2,000 Pensioners Nationwide
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SSS outpaces investment benchmarks, generates over P32B in 2020
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(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.