SSS clarifies net loss shown in unaudited FS for 2021

Pension fund gains P28B from operating activities Social Security System (SSS) President and CEO Michael G. Regino today clarified that the net loss of P843.9 billion shown in its unaudited financial statements for 2021 is a result of a change in accounting standard brought by Philippine Financial Reporting Standards (PFRS) 4. Regino, however, assured SSS […