Senate panels approve bill granting SSS pension 2,000 hike

According to the Inquirer, the Senate committee on government corporations and public enterprises joint with the committees on labor, employment and human resources development, health and demography, and finance have passed the measure that would increase SSS monthly pension by P2,000.

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Senator Richard Gordon, who chairs the Senate committee on government corporations and public enterprises, said he hopes to sponsor the bill next month. The Congress will take a two-week break starting next week and it will resume on November 7.

Expecting the bill to be signed into law before the year ends, Senator Cynthia Villar, one of the authors of the bill, said it is their early Christmas gift to the almost two million SSS pensioners.
“The passage on committee level of the bill granting a P2,000 across-the-board increase in the Social Security System (SSS) pension is our early Christmas gift to the 1.9 million SSS pensioners,” Senator Villar said; adding she expects no opposition when the bill reaches the Senate floor.
Noting that the cost of living faced by SSS pensioners has enormously grown, Senator Villar said the pension hike is necessary in order to provide for the well being of the retirees.

  • The bill seeking to grant a P2,000 across-the-board SSS pension hike was approved by joint Senate panels
  • Senator Cynthia Villar, one of the authors of the bill, expects the measure to be signed into law before the year ends
  • Senator Villar said the passage of the bill is their early Christmas gift to the SSS pensioners
A week before Congress takes a break, a joint Senate panel approved the measure seeking to grant P2,000 across-the-board Social Security System (SSS) pension hike.

Sources: Inquirer

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