Tag: pension raise

Contribution hike needed for pension raise- SSS

    (Eagle News)– Social Security System (SSS) President Emilio De Quiros said on Friday that they will need to increase the contribution rate if the planned P2,000 pension increase would be followed. According to De Quiros, SSS contribution is estimated to be raised by five to six percent. De Quiros said the increase in contributions should be gradual for the SSS to extend its actuarial life to about 70 years. Former President Benigno Aquino […]