Pensioners of the Social Security System (SSS) are one step closer to a P2,000 pension increase.
They may have to thank the House Committee on Government Enterprises and Privitization for approving House Bill 6748 or the Act Increasing Pensions and Other Benefits under the SSS.
House Deputy Minority Leader Neri Colmenares, the principal author of the measure, on Friday noted that a large number of SSS pensioners are getting only P1,200 to P2,400 monthly SSS pension.
“It is the intention of this bill to augment the pension of our esteemed senior citizens who are members of the SSS and contributed to the fund’s growth through their contributions. It is necessary to provide additional benefit such as a six-month equivalent of their monthly pension to be availed right after retirement which shall not be deducted from their monthly pension,” Colmenares and fellow Bayan Muna lawmaker Carlos Zarate said in their Explanatory Note.
“Having no other source of income, our senior citizen retirees depend only on their pension to support their basic necessities, most especially medical and health needs. Giving them an additional benefit upon retirement will help our retirees start a new life without ever worrying where to get income for the succeeding months,” they added.
Bayan Muna also underscored that the increase in the SSS pension should not have a corresponding increase in the SSS premium.
“We hope that the House and the Senate will act fast on this so that the pensioners can have better lives ahead of them,” Colmenares said.