Lawmakers seek delay in SSS contribution hike

Administration lawmakers are calling for a delay in raising Social Security System (SSS) contributions from 14% to 15%, citing economic difficulties and inefficiencies in SSS collections.

Representative Mark Go of Baguio City filed House Resolution 2157, highlighting that the pension fund's revenue increased by 15.6 percent but only collected 4.89 percent of delinquent employer contributions.

Rizal Representative Fidel Nograles suggested a gradual increase or better collection practices before raising contributions to help workers cope with rising costs and protect their income.