The management of the Social Security System (SSS) assures that there will pension hike and other benefits for its members who have yet to retire.
SSS President and CEO Emmanuel Dooc said that they are still doing the ‘intervention measures’ to extend the funds and gives assurance that active paying members will also receive increase by the time they retire.
Prior to this, Pres. Rodrigo Duterte approved the Php1, 000 SSS pension increase and another Php1, 000 in 2022.
Dooc clarified that amid delays in pension pay due to ’administrative constraints’, the pension hike will be retroactive effective January 1, 2017.
It can be recalled that the previous administration has turned down the pension hike that has been fought for by Rep. Neri Colmenares who is one of the authors of the said bill.