• Breaking News

    Wednesday, January 11, 2017

    Two Million SSS Pensioners to enjoy pension hike of P1,000 starting January 2017

    SSS Penssioners will enjoy the additional P1,000 of their monthly pension starting this month as President Duterte already approved the increase of SSS benefit to about two million pensioners. Another pension hike will be enjoyed at the end of Duterte’s term in 2022.
    As effect of this pension hike, there will be a 1.5 percent contribution rate hike starting May this year (2017) from a monthly salary credit of P16,000 to P20,000 according to presidential spokesperson Ernesto Abella during the press briefing in MalacaƱang.

    During the briefing, both SSS president Emmanuel Dooc and SSS chairman Amado Valdez showed up to accommodate questions from the media.