SSS pushes for manda­tory cov­er­age of OFWs

Sun.Star Pampanga - - SHOW! - BY NI­COLE RE­NEE R DAVID nicolere­neer­[email protected]

O verseas Filipino Work­ers (OFWs) will soon be manda­tory mem­bers of So­cial Se­cu­rity Sys­tem (SSS) once the So­cial Se­cu­rity Act of 2018 is signed into law.

In a press brief­ing in Balanga City, SSS Pres­i­dent and Chief Ex­ec­u­tive Of­fi­cer Em­manuel Dooc said one of the ad­van­tages of the pro­posed bill is cov­er­ing the so­cial se­cu­rity of all OFWs.

“As of now, SSS mem­ber­ship for OFWs is just vol­un­tary. So in the bill, so­cial se­cu­rity cov­er­age for OFWs will be manda­tory,” Dooc stressed.

The SSS top of­fi­cial said only a few OFWs are ac­tively pay­ing their monthly con­tri­bu­tions.

“Only less than 600,000 OFWs are reg­is­tered SSS mem­bers out of about three to ten mil­lion OFWs,” he re­vealed.

Mem­ber­ship of OFWs will se­cure their re­tire­ment through en­ti­tle­ment to life­time pen­sion ben­e­fits.

SSS has been call­ing for changes to its char­ter to al­low it to raise the con­tri­bu­tion rate through the So­cial Se­cu­rity Act of 2018.

(Mar Jay S. De­las Alas/PIA 3)

In a press brief­ing in Balanga City, So­cial Se­cu­rity Sys­tem Pres­i­dent and Chief Ex­ec­u­tive Of­fi­cer Em­manuel Dooc dis­closes that Over­seas Filipino Work­ers will soon be manda­tory mem­bers of So­cial Se­cu­rity Sys­tem once the So­cial Se­cu­rity Act of 2018 is signed into law.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.