Wednesday, March 29, 2017
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Duterte to approve two-tiered SSS pension hike if…

President Duterte is likely to approve the proposed Social Security System pension hike only after reforms to ensure the viability of the agency are implemented.

“President Duterte said he is inclined to grant a two-tiered increase to soften the financial impact on the SSS,” Agriculture Secretary Manny Piñol wrote on his Facebook page.

“In the end, President Duterte decided to fulfil his commitment of additional pension for the retirees but only after reforms to ensure the viability of the SSS have been implemented,” Piñol added.

The President also ordered the arrest and prosecution of employers who have been delinquent in remitting SSS contributions of their workers.

‘File charges and arrest them,’ President Duterte said after he was informed during a briefing by SSS officials led by its new chairman Amado Valdez that only per 40% of the 33 million SSS members are paying their premiums,” Piñol said.

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