sss funds will be given to the governmnt?

[septemberboy]

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will it help us in our economy if the private sector like sss will give the people's money to our government?(more than a million or a billion pesos....)

we filipinos work hard for that money in order to help us in times of our needs..coz of that.we can no longer used it coz the fund already used by our government...........

[eax]

Correction, SSS is not a private sector

[kobmat]

I seriously doubt SSS will just give the money to the government for nothing, i think its sort of a loan with interest. If the return is good on such a loan, then why not invest. FYI, SSS does not just keep your money in a bank account somewhere, they invest it so it will grow.

[septemberboy]

I seriously doubt SSS will just give the money to the government for nothing, i think its sort of a loan with interest. If the return is good on such a loan, then why not invest. FYI, SSS does not just keep your money in a bank account somewhere, they invest it so it will grow.

thanx for the info

[septemberboy]

Correction, SSS is not a private sector

ok what do you call them?

-the one who contributes in sss are working in not working in government like private schools,hospitals,etc.

thanx for your info...

[eax]

I think you made a confussion on the meaning of a private sector.

SSS is a public sector in which all private entities(i.e. company or individual) are entitled to contribute.

Basta ang SSS is for private employees and GSIS is for government employees. But both of them are run by the Philippine government.

[nerds2]

Correction, SSS is not a private sector

Opsss...it's not a government too...It's semi private...SSS is partially owned by government like Pag-ibig.

[eax]

Opsss...it's not a government too...It's semi private...SSS is partially owned by government like Pag-ibig.

Naa ka link or documents to prove that it is not owned by the government?

Para nako ang SSS or Pag-Ibig is 100% government-owned.

[septemberboy]

there's a history in their office when,where,and who started it...

u can see it..

[salbahis]

Opsss...it's not a government too...It's semi private...SSS is partially owned by government like Pag-ibig.

Opsss..... wrong!!!!, govt na siya 100% they are called GOCC or Govt Owned and Controlled Corporation preha sa GSIS & Pag-Ibig, ang part owned lang nila is AFAIK kanang Landbank, PNB ug SMC ug uban pa...