SSS joins celebration of Elderly Filipino Week

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In celebration of the Elderly Filipino Week, the Social Security System (SSS) participated in a special forum hosted by the Department of Social Welfare and Development (DSWD), National Anti-Poverty Commission (NAPC) and Coalition of Services for the Elderly (COSE) on October 7 at the SM North Skydome in Quezon City.

With this year’s theme “Pagmamahal at Respeto ng Nakababata, Nagpapaligaya sa Nakakatanda,” discussions were held regarding current policy interventions in response to major issues concerning the elderly specifically elder abuse and the SSS pension increase during the forum.

Top photo shows SSS Chief Actuary and Senior Vice President for Actuarial Services Division George S. Ongkeko Jr. (2nd from left) respond to queries from a pensioner (bottom photo) about the proposed P2,000 pension increase, which the SSS said would need a specified source of funding such as government subsidies or a higher SSS contribution rate. Ongkeko also presented the projected impact of implementing the P2,000 pension increase on SSS fund life as well as on current and future SSS members and pensioners.

Also at the panel were (top photo, from left) Bayan Muna General Counsel Atty. Cristina P. Yambot, COSE Project Coordinator Aura C. Sevilla and Federation of Free Workers President Atty. Jose Sonny G. Matula, a former member of the Social Security Commission which functions as the SSS governing board.