‘Basic instinct’ in steering...
Espenilla crunched numbers and wrote speeches for governors including Tetangco. His career flourished under Tetangco’s predecessor, Rafael Buenaventura, who promoted Espenilla three ranks to deputy governor from director. a paltry amount when they retire or when they die. I think this is one of the legacies that any country should aim for,” Gordon said.
SSS is also supportive of the legislative initiative that seeks compulsory coverage of Overseas Filipino Workers (OFWs).
“The volatility of the working conditions of OFWs make them more vulnerable to the contingencies sought to be guarded against by the SSS. Thus, compulsory social security coverage should be extended to the
Tetangco is largely credited for helping push his promotion to governor, according to central bank watchers. Espenilla was one of Tetangco’s three deputies and was considered the least politically- connected among the four main contenders. ( OFWs,” Gordon explained.
The SSS also seek to allow the pension fund to engage in insurance business for its members like the Government Services Insurance System (GSIS) to better SS fund.
Gordon has filed SB 1198 that aims to rationalize the SS Law on October last year. During the hearing, Dooc submitted a position paper to the committee for its consideration as substitute bill which consolidates a dozen of SSS- related bill filed in the Senate./