Senator Dick Gordon lauded the decision of President Rodrigo Duterte to approve a P1,000 increase in the monthly pension of Social Security System members.
Gordon stated that as chairman of the Senate Committee on Government Corporations and Public Enterprises, he would see to it that the State pension fund would have sufficient funds necessary to ensure its financial stability and enable it to provide proper service to SSS members.
“The Senate will provide the appropriate legislation necessary to strengthen the SSS and to assist it in preserving the sustainability and life of its funds that is considered ideal among other social security systems around the world,” Gordon said.
SSS members will receive a P2,000 increase in their monthly pension in two tranches – P1,000 immediately with the second tranche of P1,000 sometime in 2021.
Watch the video below:
Source: Senate Of The Philippines