- Senator Trillanes re-filed a measure seeking to increase SSS pension by P2,000
- Trillanes noted that it has been 19 years since the last pension hike was implemented
- Earlier this year, then President Aquino vetoed the measure seeking to hike SSS pension
Senator Antonio Trillanes IV on Monday, July 11, re-filed the bill seeking to increase Social Security System (SSS) pension by P2,000 a month.
In refilling the bill through Senate Bill no. 91, Senator Trillanes said the current amount that the SSS pensioners are receiving has become inadequate to support their monthly needs. He said it has been 19 years since the last pension hike was implemented through Republic Act No. 8282.
“Since the law’s enactment and with the cost of living expenses having considerably increased over time the meager amount of monthly pension of our SSS pensioners, who are old and mostly suffering from various medical conditions, has become inadequate to support their monthly food sustenance and maintenance medicines,” the senator said.
“Moreover, pensioners who retired after the effectivity of R.A. 8282 are even more struggling because they are receiving smaller amounts of monthly pension,” he added.
Under the Senate Bill no. 91, all SSS pensioners, regardless of the effectivity of their retirement, shall receive an across-the-board increase of P2,000 monthly.
As mentioned in Mario Casayuran’s article for the Manila Bulletin, Trillanes noted that the last Congress had the opportunity to raise the SSS pensioners by passing a legislation that will increase their monthly pension. The measure, however, was not signed into law.
“We had the opportunity to provide relief to our pensioners last Congress by passing a legislation that would increase their monthly pension. The measure, however, was not signed into law. With this re-filed measure, we hope to finally provide support to our pensioners through this long overdue increase in their pension,” Trillanes said.
In January this year, then President Benigno Aquino III refused to sign the bill; saying it will result to the bankruptcy of the state-run pension fund.
“While we recognize the objective of the bill to promote the well-being of the country’s private sector retirees, we cannot support the bill in its present form because of its dire financial consequences,” Aquino said in his veto message.