The Social Security System (SSS) is a Philippine government agency that provides social security protection to its members. As of 2021, there are over 40 million SSS members, which include employees from both the private and public sectors, self-employed individuals, and voluntary contributors.
The SSS offers various benefits to its members, such as retirement, disability, and death benefits. Members can also avail of loans and other financial assistance programs. To become a member, one must register with the SSS and make regular contributions based on their income. The contributions are used to fund the benefits and programs provided by the agency.
Overall, the SSS plays an important role in promoting social welfare and financial security for its members, as well as contributing to the country's economic development.