Veto of SSS Pension Hike, hit by workers

by KMU Staff

We condemn Pres. Noynoy Aquino for vetoing the SSS pension hike. He has again shown that he is heartless (#WalangPuso) towards SSS pensioners, workers and all Filipinos. He has again shown that hardworking Filipinos are being run over by corruption, patronage and pro-business bias in his so-called Daang Matuwid (Straight Path).

Aquino’s excuse for vetoing the measure is a lie and a mere scare tactic. The SSS has the funds for the pension hike. The SSS can further extend its fund life by improving its collection efficiency, penalizing employers who fail to remit members’ contributions, doing away with huge bonuses for its board members, and reducing its administrative costs. The SSS’s collection efficiency is currently at the disgusting 40% level.

We are calling on all SSS pensioners, workers and Filipinos to express our disappointment, dismay, condemnation and anger over Aquino’s move. Let us maximize social media and join upcoming activities and protests to condemn the veto and to press this government to heed the clamor for a P2,000 across-the-board pension hike. Let us intensify our fight!