On Tuesday, Presidential Spokeperson Ernesto Abella announced the development on promised SSS hike for the 2 million retired Social Security System (SSS) members.
Even though President Duterte's economic managers had earlier opposed the proposal to increase the pension to P2,000, the president has approved the hike of P1,000 and another P1,000 hike in the future.
|Photo credits: Eagle News|
"He seeks to fulfill a social contract with the Filipino people, especially the elderly and the poor who gave the best years of their lives in service; while exercising fiscal responsibility to ensure the economic sustainability and protect the gains made by those who have prudently invested in the nation's future," said Abella.
He added, "The President is not amenable to using taxpayers' money to fund pension increase since SSS is a private fund."
Per Abella, even with the P1,000 increase, the SSS fund life will continue until 2040 once the increase in the contribution rate is implemented. He said that the pension hike will be covered by current contributions and the SSS investment reserve fund, and not government funds.
Source: GMA News
READ MORE: Doctor to President Duterte: Exactly Someone We Need
I hope you hear me when I say this then.
We were very sick then and while I don’t think we are nowhere near the pink of health we would like to be in, I think our coordinates have been corrected significantly so that we are on our way to having some shot at good health.
Nothing is a done deal right now. What with this pesky VP and her gang of noonoos who keep undermining every little gain we make—involving international media even and who would think the economic devastation of our country as great news.
But I think that we are on the right path now.
If all we want for our country is to survive for a generation or two and if all we think about is ourselves—not those who are dying by the wayside, caught up in the deadly vortex of poverty, then maybe we would be right in giving Rodrigo Duterte grief for the unorthodox methods he employs and philosophies he espouses.
But if you are like me –someone who’d like to see her country not just survive but THRIVE and be all it can be to its citizens—their fertile ground—in the shortest possible time, then you just might see Rodrigo Duterte the way I do—a rebel, a revolutionary, someone so different and so radical because these are what the times call for: different and radical.
EXACTLY SOMEONE WE NEED.
That’s all there is to it for me. Rodrigo Duterte is an idea whose time has come. So yeah, I’ve had no problem rock and rolling with this man.
I get it.
By: Dr. Lorraine Marie T. Badoy