Philippines: Arroyo Asks SSS to Hike Pensions By 10%
MANILA — President Gloria Macapagal-Arroyo asked the Social Security System (SSS), which is celebrating its 50th anniversary this year, to once again increase the pension of SSS members and beneficiaries by 10 percent.
Speaking at the agency?s 2nd National Account Officers (AO) convention at the Great Eastern Hotel in Quezon City, the President said the proposed increase comes on the heels of an earlier 10 percent raise that she had also requested last September.
