Jauhn Etienne Villaruel

Social Security System office at the one-stop center in Ali Mall, Cubao. ABS-CBN News/File

Article (news)

Katrina Domingo

ABS-CBN News

<div><span class="fr-img-caption fr-fic fr-dib"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/173623062726020170808-government-offices-SSS-2.jpg" class="fr-fic fr-dib"/><span class="fr-inner" style="text-align:left">Social Security System office at the one-stop center in Ali Mall, Cubao. <em>ABS-CBN News/File</em></span></span></span>MANILA — Malacañang on Tuesday said it would let the Social Security System’s (SSS) contribution rate hike “continue” to “let it produce results,” noting that the policy was based on actuarial studies.</div><div><a href="https://www.abs-cbn.com/news/business/2025/1/7/sss-says-fund-projected-to-last-until-2053-with-latest-contribution-hike-0956">SSS pushing through with 1 pct contribution hike despite protests</a></div><p>The adjustment is the final tranche of a series of contribution rate hikes under Republic Act No. 11199 or Social Security Act of 2018, that pushed the mandatory contribution from 12 percent in 2019 to 15 percent this year. </p><p>“Ang ganiyang mga increases they are studied based on actuarial information… Mayroon silang pag-aaral tungkol diyan,” Executive Secretary Lucas Bersamin said in a press conference in Malacañang.</p><p>“If we always meddle in the management of their affairs where they specialize, it will not work. Pabayaan na natin muna... Why don’t we just let that process continue and let it produce results,” he said.</p><div><a href="https://www.abs-cbn.com/news/nation/2025/1/6/coa-flags-sss-leniency-amid-failure-to-collect-p89b-from-delinquent-employers-1607">COA flags SSS &#x27;leniency&#x27; amid failure to collect P89 billion from delinquent employers</a></div><p>Bersamin noted that among those who first pushed for a suspension in the contribution rate hike was former SSS President Rolando Macasaet, who is seeking a party-list post in the 2025 midterm elections.  </p><p>“You must understand kung kanino yung call. Kandidato eh,” the Executive Secretary said.</p><p>“I don’t know if that is part of his way of campaigning, pero we will consider seriously if that call is brought to us officially,” he added.</p><p>SSS President Robert Joseph De Claro earlier said that he has yet to directly speak with President Ferdinand Marcos, Jr. about the issue, but underscored that while the hike is not expected to affect the fund’s life, it is needed to address the immediate needs of its members.</p><div> </div><div><strong>RELATED VIDEO: </strong></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/Lfq_NFLgq90?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div>

<p>Malacañang said it would let the SSS contribution rate hike “continue” to “let it produce results,” noting that the policy is based on actuarial studies.</p>

Malacañang said it would let the SSS contribution rate hike “continue” to “let it produce results,” noting that the policy is based on actuarial studies.

'Pabayaan muna': Malacañang defends SSS rate hike to let it 'produce results'

News

Entertainment

Lifestyle

Sports

Metro.Style

More

Traffic

Manila

Horoscope

Nation

'Pabayaan muna': Malacañang defends SSS rate hike to let it 'produce results'

Katrina Domingo,

ABS-CBN News

Published Jan 07, 2025 02:39 PM PHT

Read More:

SSS

Lucas Bersamin

pension

contribution rate hike

Social Security System

ANC

ANc promo

ABSNews

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.