Live Breaking News & Updates on Adverse deviation

Unemployment Data Shows a Healthy Wyoming Economy -

Cheyenne, WY (RELEASE) October 27, 2023 Wyoming’s economy continues to show signs of health – especially within Wyoming’s workforce. Due to the efforts of Governor Gordon and the Wyoming Department of Workforce Services (DWS) to help citizens get jobs in their communities, fewer individuals are receiving unemployment insurance (UI) benefits. In turn, the state

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Governor and DWS Celebrate Job Data and Work with Legislators to Further Support Wyoming Businesses and Workers

Wyoming's economy continues to show signs of growth, specifically within the workforce. The most current data from the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey shows an estimated 18,000 job openings in Wyoming as of July 2023. At that same time, Wyoming only had 1,835

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SSS Receives Unmodified Opinion From COA For Second Straight Year

Social Security System (SSS) President and CEO Michael G. Regino announced that the Commission on Audit (COA) rendered an unmodified opinion on the fairness

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Senate probe into ₧843.9B losses of SSS in 2021 pressed

SENATOR Francis N. Tolentino has pressed for a Senate inquiry into the reported net loss amounting to P843.9-billion incurred by the Social Security System (SSS). In filing Resolution 1006, Tolentino picked up the cudgel for SSS members contributing to the pension funds paving the way for Senate probers to look…

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SSS Earns P28B In 2021; Reported Net Loss Due To New Accounting Standards

The Social Security System (SSS) registered earnings of P28 billion in 2021 from its operations, with contributions and investment income exceeding benefit

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SSS earns P28B in 2021; reported net loss due to new accounting standards

The Social Security System (SSS) registered earnings of P28 billion in 2021 from its operations, with contributions and investment income exceeding benefit payments and operating expenses. In its 2021 unaudited financial statement, its cash inflows of P262 billion surpassed its cash outflows of P234 billion. In the last six years,…

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SSS clarifies P843.9 billion loss from 2021 unaudited financial statements

SSS


Social Security System (SSS) President and CEO Michael G. Regino explained that the net loss amounting to P843.9 billion shown in 2021 unaudited financial statements is due to a change in accounting standards brought by Philippine Financial Reporting Standards (PFRS) 4.



“This increase in ne

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