Social Security System (SSS) President and Chief Executive Officer Rolando L. Macasaet announced over the weekend that the total member savings collection from the Workers’ Investment and Savings Program, or “Wisp'.
SOCIAL Security System President and Chief Executive Officer Rolando L. Macasaet announced over the weekend that the total member savings collection from the Workers’ Investment and Savings Program, or “Wisp,” has reached P35.84 billion from 4.9 million SSS members in its second year of implementation.
Moreover, members contributing to the “Wisp” also grew to 4.9 million contributing members, up by 33 percent from 3.7 million members in 2021. Qualified are those private-sector employees, self-employed individuals, overseas Filipino workers and voluntary members who have no final claim and have contributions in the regular SSS program and have a Monthly Salary Credit that exceeds P20,000.Investment vehicle
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