Zarate seeks probe into alleged almost P40 billion SSS paper stock losses

MANILA, Philippines — Former Bayan Muna Rep. Carlos Isagani Zarate on Wednesday called for a congressional probe into the paper stock losses of the Social Security System (SSS), which is reportedly worth nearly P40 billion. The ex-lawmaker also raised concerns over the pension fund’s risk controls in investments. He said flaws in the SSS’ portfolio