SSS defends equity bets as COA flags paper losses

Oct 14, 2026

MANILA, Philippines — The Social Security System (SSS) has maintained that its paper losses reflect temporary declines in its investments’ value, citing P204 billion in realized gains and dividend income over the past 57 years. In a statement, SSS responded to news reports showing that the Commission on Audit (COA) had flagged a 245-percent surge

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