Trillanes eyes inquiry into SSS, PhilHealth contributions increases

January 14, 2014 11:13 pm 

MANILA, Jan. 14 — Senator Antonio "Sonny" Trillanes IV on Tuesday filed resolutions seeking investigation to the impending increase in the monthly contribution of the Social Security System (SSS) and the Philippine Health Insurance Corp (PhilHealth) beginning this month.

Under Senate Resolution No. 434, Trillanes seeks to review the financial statement of SSS and its financial viability, and to determine if the proposed increase is reasonable.

On the other hand, Trillanes proposed to review the status of the National Health Insurance Fund and its reason of the increase under Senate Resolution No. 435.

“We need to scrutinize the bases of these increases so that we can propose measures in order to shield the public from the burden these hikes would cost to them," he emphasized

Trillanes said both these impending increases are allegedly said to be approved without adequate consultation among its members.

"In the midst of the energy situation in the country, and the country's reeling from a chain of natural and man-made disasters, here comes another burden which would definitely have an effect in the take home pay of the members who did not receive corresponding salary increase," he said.

The SSS is set to raise members contribution from 10.4 percent to 11 percent, in order to reduce its unfunded liability of P1.1 trillion by P1.6 billion or 15 percent, and to extend the Social Security Fund until 2043.

”This is said to affect 30.04 million SSS members and 871,642 employers,” Trillanes said.

Meanwhile, PhilHealth members will now pay monthly premium of 2.5 percent of their salary due to the increase. (PNA)

LGI/JFM

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