COA: SSS Is Sitting on ₱40 Billion in Equity Paper Losses, Up 245% Since 2021, With No Formal Stop-Loss Limit — SSS Says Relax, It's 'Non-Cash'
Auditors tie the ₱39.994-billion unrealized loss on the pension fund's stock holdings to the absence of formal stop-loss thresholds; SSS calls it a market-driven accounting adjustment and says members' contributions are unaffected.