SSS spares 135T employers not remitting workers' contributions

Bayan Muna's Rep. Neri Colmenares lashes the Social Security System (SSS) for bleeding members by raising monthly contributions instead of their monthly pensions. It still wastes pensioners' funds by giving its officials fat bonuses and letting go delinquent employers.

Colmenares announces that in a forum in Iloilo July 3, which also kicks off a signature campaign among pensioners to prod the Senate to pass a bill raising pensioners' monthly takes.

SSS is scheming to increase members' contribution by 21 times yet pegs the minimum monthly pension at P1,200, notes Colmenares.







"There are 135,000 employers who failed to remit contributions to SSS: the employees were deducted SSS contributions but their employers did not remit them to the SSS." decries the Bayan Muna representative.

SSS should have initiated criminal complaints against erring employers but puts that burden on their victims. "Ano klase nga patakaran: 'di bala kun negosyanted ka, indi ka anay magpamahal baligya mo - sukta anay nakautang sa imo", explains Colmentares.

 He notes tht SSS earned P54.35B inthe first quarter this year and has total assets worth P428B, enough to tide it over until 2040 even without collecting contributions.

 Colmenares is the author of HB 5842 that the Lower House has passed, raising SSS pension by P2,000 monthly across the board. Under the Philippine Constitution, a bill needs separate enactments by the two houses of Congress before the President signs it into law.

 SSS bigwigs led by its chair and president Emilio De Quieros rewarded themselves P10M bonus each in 2011.

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