Lawyer Neri Colmenares, former Bayan Muna oarty-list consultant. —File photograph from the Senate Public Relations and Info Bureau
MANILA, Philippines — The Social Safety System (SSS) is urged by veteran labor rights advocate Neri Colmenares to droop its implementation of upper contribution charges as it will likely be burden to these already fighting rising costs of important items.
The contribution hike was condemned by Colmenares in an announcement and was described by the previous lawmaker as unreasonable.
“This SSS contribution hike is totally unconscionable. Employees are already coping with elevated water charges from each Maynilad and Manila Water, increased electrical energy charges from Meralco, and now they should shoulder larger SSS contributions,” Colmenares, a former Bayan Muna Home consultant, mentioned.
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He additionally identified that the total launch of the P1,000 pension enhance was nonetheless pending, and but employees had been already being burdened with extra funds.
“The SSS is shameless in elevating the contribution charge though the promised pension enhance has not but been delivered. For the SSS board, the fund lifetime of the SSS and their excessive salaries and perks are extra vital than the lives of its members, who’re the supply of the company’s funds. SSS is rather like PhilHealth, which is obsessive about its funds relatively than the advantages of its members,” he mentioned in Filipino.
Why impose new charges when…
Colmenares additional burdened that the SSS had not defined its present assortment charge.
“Why impose new charges once they can’t even effectively accumulate the outdated ones? The brand new charges have to be suspended till SSS has demonstrated improved assortment effectivity,” he mentioned.
The SSS contribution charge elevated from 14 % to fifteen % efficient January 1 this 12 months to safe the monetary wealth of the state-run pension fund.
This impacts personal sector workers, family employees, self-employed people, voluntary members, and land-based abroad Filipino employees.
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