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Palace approves P1,000 SSS pension increase

Palace approves P1,000 SSS pension increase

Malacañang has finally approved the P1,000 increase in the pension of retired Social Security System members promised by President Duterte.

IT was a choice between the stand taken by three economic managers in the cabinet and a group of secretaries concerned with more human needs and problems. President Duterte decided for the latter and thus approved a proposed increase in the pensions of old retired members of the Social Security System (SSS).

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THE proposed P2,000 increase in the pensions of Social Security System (SSS) retirees, it may be recalled, was vetoed by then President Aquino in January this year, after raising such high hopes among the thousands of old retirees receiving pensions of as little as P2,500 a month.

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President Duterte has appointed constitutionalist and former law dean Amado Valdez as the new chairman of the Social Security System (SSS).

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