The proposal of Senator Bato Dela Rosa to prohibit the use of government social welfare entities such as the Social Security System (SSS) and the Government Service Insurance System (GSIS) to invest in the Maharlika Investment Fund was adopted in the Congress’ final version of the Maharlika Investment Fund Bill. Senate Bill No. 2020 or […]
Tag: pensions
Senator Kiko Pangilinan filed a measure that seeks to create a social security and pension program for farmers and fisherfolk. “Kinikilala ng panukalang batas na ito ang mahalagang papel at kontribusyon ng ating mga magsasaka at mangingisda sa araw-araw nating pamumuhay (This proposed measure recognizes the fundamental role and contributions of our farmers and fisherfolk […]
With a bloating budget for pensioners gnawing at defense spending for years, Senator Dick Gordon has proposed that a long-term solution be taken to address the issue of sustaining the pensions of retired uniformed members of the military. Gordon made the call during the hearing on proposed measures seeking to rationalize and establish reforms in […]
Senator Sonny Angara is pushing for the passage of a bill that seeks to double the amount of social pension from the current P500 to P1,000, and to widen the coverage of beneficiaries to include all poor senior citizens. “Isang napakalungkot na katotohanan na marami pa rin sa ating mga lolo at lola ang hindi […]