Groups of Employees & Employers Urge SSS to Defer Contribution Hike

Contribution Hike

Employees & Employers Wants SSS to Defer Contribution Hike Amid COVID-19 Pandemic Several groups of employees and employers are urging the Social Security System (SSS) to defer the contribution hike for the members. The labor group Nagkaisa chairperson Sonny Matula stressed out that the contribution hike is a significant amount for the members especially to the less-fortunate. … Read more

Reasons of SSS Contribution Hike Explained

The Social Security System (SSS) explained the reason behind the planned contribution rate hike, a move that is backed by no less than the President of the Republic, Pres. Aquino. SSS President and CEO Emilio de Quiros said on Friday that the proposed 0.6% increase in contributions would help ensure the pension fund’s viability. The … Read more