• SSS honchos to get oodles from Aquino

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    “MIDNIGHT perks” amounting to P500,000 a month in monthly wage increase and additional benefits are expected to be received by top executives of the Social Security System (SSS) before President Benigno Aquino 3rd bows out of office on June 30, according to the Trade Union Congress of the Philippines (TUCP)-Nagkakaisa, the country’s biggest confederation of labor groups.

    The TUCP, through spokesman Alan Tanjusay, on Thursday said the move is “immoral, unjust and indecent” because it would in effect deprive some 1,000 SSS rank-and-file of any salary increase.

    Tanjusay disclosed that once the the SSS-proposed Compensation and Position Classification System (CPCS) is implemented, SSS President and Chief Executive Officer Emilio de Quiros would be receiving P800,000 in monthly wage.

    Drafted by the Good Governance Commission for Government-Owned or Controlled Corporations (GCG), Executive Order (EO) 203 was signed by Aquino and Executive Secretary Paquito Ochoa on March 22, 2016 “adopting a compensation and position classification system (CPCS) and a general index of occupational services (IOS) and for the GOCC sector covered by Republic 10149, and for other purposes.”

    The labor group called on incoming President Rodrigo Duterte to order a halt in the implementation, a review and amendment of the provision on the compensation system, which includes provisions on basic salaries, standard allowances and benefits, specific-purposes allowances and benefits and variable pay of EO 203, giving “unconscionable ‘midnight perks’ and benefits” to top executives of SSS.

    “We are urging President Duterte to issue a cease and desist order to Executive Order 203 that allows excessive increases in salaries and benefits of top SSS executives on top of what they are currently receiving now. These are obviously a ‘pabaon’ or ‘midnight perks’ for Aquino wards and loyalists at the expense of workers’ and employers’ money. We strongly oppose this because this is immoral, unjust and indecent,” Tanjusay said.

    The TUCP questioned the move amid the Aquino veto on the proposed P2,000 pension increase for 2.4 million SSS pensioners on January 14, 2016, its silence even on the counter-proposed P1,000 or P500 pension increases and in the SSS management’s rejection of the proposed Expanded Maternity Leave Bill for the reason that both proposals would supposedly affect the actuarial fund life of the SSS.

    This also came as workers continued reeling from the measly P10 wage increase granted last week by the National Capital Region-Regional Wages and Productivity Board (NCR-RWPB) despite the P154 petition filed by the TUCP last month.

    Citing adverse effect on SSS funds, the outgoing President vetoed the proposed bill allowing for a P2,000 monthly pension increase while SSS top management turned down the Expanded Maternity Leave measure that extends maternity leave to private sector women employees from 60 to 78 days to 100 days.

    According to Tanjusay, the TUCP has received information that de Quiros and SSS Chairman Juan Santos were allegedly pushing for the immediate approval of the SSS-proposed CPCS salary increases before the new Duterte administration assumes office in June.

    He said if this is approved and retroactively put into effect, de Quiros and the next CEO stands to get an additional P500,000 monthly salary ending up with an almost P800,000 monthly salary.

    This does not include all the monetary and non-monetary benefits provided for by EO 203, current SSS benefits and what de Quiros gets from the SSS Commission sitting as vice chairman and what he gets from corporations where he represents SSS shares.

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    5 Comments

    1. Anti Corrupt on

      Please Mayor of the Philippines intervene and make this unhuman antipoor and anti employee move be deferred. Even the 1000 employees of SSS felt that this is unjust.

    2. Pres Aquino vetoed (disapprove) the senior citizens request of 2000 pesos monthly benefit increase which is (very small) ,and these are seniors who has contributed into the system for many years while working, merely surviving on their very low retirement income and yet this outgoing President on his last month of inefficient term has the guts to give away lots of millions to SSS Ceo and their assistants. Abusado at sobra na ang ginagawa mo sa mahihirap ,Enough is enough. this must be stopped. Yong 164 million pesos na remittance check na tinanggap mo from GOCC saan nagpunta? That is their job and if they will be given bonus,it shld not be an unacceptable high amount. The people of the Republic of the Philippines who are SSS members deserve it first and foremost,t since SSS used their money to be invested , they are the first one who shld beentitled to any benefits of their hard earned contribution , not the CEO and employees.

    3. San kayo kumukuha ng kapal ng mukha? Kayo nga nagmamanage nung SSS funds thru investsments and deals as executives/board/directors pero hindi nyo pera yan, bakit kayo ang nakikinabang imbes na mga members

    4. who says noykapon doesn’t have empathy.
      he has empathy for his kkk as you can see.

    5. This increase was approved by our president Pnoy. This guy stated that SSS will be insolvent in 10 years or so if there will be an increase in pension of the retirees. Now, he approve this secret increase to SSS officers. This Pnoy jerk must go to prison. That is why Mar do not have a chance to win because this Pnoy jerk made a lot of big mess.first of all, Filipinos made a big mistake in voting for you in 2010. Okay, all retirees are now suffering as a consequence of this mistake.