Sergio Ortiz-Luis Jr., president of the Philippine Exporters Confederation Inc. (PhilExport), a national exporters’ association of 4,000 small and medium-sized establishments (SMEs), stated elevating the pension blessings of personal employees is commendable, as modern stages fall way underneath the ones provided public employees through the Government Service Insurance System.
“However, whilst this is a welcome move, it’s far doubtful where the pension increase will come from,” Ortiz-Luis Jr. Brought.
On September 7, the House committee on government corporations and privatization approved 16 bills, all in search of a P2,000 throughout-the-board boom inside the SSS monthly pension with a corresponding adjustment of the minimum monthly pension.
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