SOCIAL Security System (SSS) collections from members within Central Luzon grew 14 percent in the first seven months of this year compared to last year as jobs also expanded in the region.
SSS assistant vice president for Central Luzon Vilma Agapito said their collections reached P2.4 billion as of July this year, aided by employment growth in industries located in the economic areas of Clark, Subic, and cities of Angeles, San Fernando, Olongapo, Dagupan and Cabanatuan.
“Employees remain the biggest source of contributions with 60 percent share of the total,” she said.
The SSS also noted a 14 percent increase in collections from self-employed and voluntary members in the region after launching a microsavings program for workers in the informal sector and for job order and contractual employees of local government units.
Called the AlkanSSSya program, the savings scheme has so far attracted 17,601 individuals from 188 informal sector groups in Central Luzon, she said.
SSS has more than two million members in Central Luzon, including about 1.3 million registered employees, 5,036 household employees, 452,003 self-employed, and 208,911 voluntary members.