Senator Dick Gordon pointed out that giving the Social Security Commission (SSC) the power to condone delinquent contributions is a very significant provision of Republic Act (RA) 11199 or the Social Security Act of 2019. Gordon, chairman of the Senate Committee on Government Corporations and Public Enterprises, explained that with the Social Security System (SSS)able […]
Tag: state pension fund
Senator Dick Gordon welcomed the signing into law by President Rodrigo Duterte of the SSS Act of 2019, which will rationalize and expand the powers and duties of the Social Security Commission (SSC) to ensure the long-term viability of the state pension fund. “This is a very welcome development. The law provides a sound, viable […]