Measures Proposed to Postpone SSS Contribution Hike This Year

Two party-list lawmakers and a senator have filed measures to defer the scheduled rate hike for Social Security System (SSS) contributions this year.

House Bill 8304, filed by Reps. Eddie Villanueva and Domeng Rivera, proposes amending Republic Act 11199 to suspend SSS contribution hikes during pandemics.

Senator Richard Gordon's Senate Bill No. 1970 grants the President power to temporarily suspend the implementation of the hike for up to six months in states of national emergency or calamity.

Senator Joel Villanueva also filed Senate Bill No. 1965, aiming to keep the contribution rate at 12% this year amid economic challenges caused by the pandemic.

SSS President Aurora Ignacio stated that the increase is mandated by law and benefits members but acknowledged difficulties due to the pandemic's impact on workers.

This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.

Topics in this story

Explore more stories about these topics