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Congress tries again with SSS pension bill

Retirees of the Social Security System and their families were looking forward to the signing of a bill increasing their monthly pension by P2,000 late last year, when then President President Benigno Aquino III unexpectedly announced in January that he was vetoing the bill. It will have “dire financial consequences,” he said; it would deplete the SSS Investment Reserve Fund by the year 2029.