PNoy rejects SSS pension hike bill

[kimbon]

PNoy rejects SSS pension hike bill | Headlines, News, The Philippine Star | philstar.com

[cast_no_shadow]

MRT, SAF 44, LTO woes at eto pa Si Manuel Roxas nanaman ang casualty dito

Pero I agree, sustainability ang pinag uusapan dito.

Baka by the time na tayo na ang retirees simot na ang pondo ng SSS.

Or another increase in contributions to sustain.

[anonemus]

^...and Binay will gain from this as he'll point out the generous social services doled out in Makati.

Pnoy should've worked closely with Congress on this issue BEFORE it was submitted to his office.

PR disaster.

[cast_no_shadow]

^...and Binay will gain from this as he'll point out the generous social services doled out in Makati.

Pnoy should've worked closely with Congress on this issue BEFORE it was submitted to his office.

PR disaster.

Pnoy's intention is good yet it left a bad taste since inabot na ng deadline then he will just veto the bill.

[Flipo]

MRT, SAF 44, LTO woes at eto pa Si Manuel Roxas nanaman ang casualty dito

Pero I agree, sustainability ang pinag uusapan dito.

Baka by the time na tayo na ang retirees simot na ang pondo ng SSS.

Or another increase in contributions to sustain.

Madali lang magpapogi kung gusto ni Pnoy!

Si Colmenares talagang gusto nyan ipalugi ang Pinas para Leftist ang hahawak ng govt.

P-Noy foils Congress fast break | Opinion, News, The Philippine Star | philstar.com

[Monty]

Fiscal responsibility.

[1D4LV]

the system can die down in a decade or so IF SSS will not do anything to improve the collection efficiency or introduce new programs.... in short, kung status quo.... pwedeng maubusan ng pondo. yan naman talaga ang trabaho ng mga actuaries....projections, so merong gawin para makaiwas dun sa projections (same as in life insurance companies).

imagine, we contribute. our loans get interests.... and the actual pension are not too high.... imho, my mom only gets 6.8k/month from SSS after contributing for 25 years.

but SSS has a top heavy organization..... kung ang isang VP ay kumukuha ng 300k/month, eh pano kung may 50 VP sila? wala pang bonuses yan.... considering they are a GOCC, dapat they are within the bounds of the salary standardization law.

if PNOY can allocate money sa BBL and sa PPP, i think mas karapat dapat bigyan ng pondo ang mga tao na nagambag sa institusyon ng pagkatagal tagal, kesa sa mga taong walang naiambag na masko ano. 2k is 2k.... magkano ba ang bigay nila sa mga PPP beneficiaries. sa BBL, ano ba mapapala ng sambayanan?

yes, direct hit on Roxas again. too bad for him.

personal note : ang gusto atang manalo ni Abnoy is si Binay eh.

[oliver1013]

Agree on his decision, but bad timing lang, wawa si Roxas.

Binay pumogi

[CVT]

Madali lang magpapogi kung gusto ni Pnoy!

Si Colmenares talagang gusto nyan ipalugi ang Pinas para Leftist ang hahawak ng govt.

P-Noy foils Congress fast break | Opinion, News, The Philippine Star | philstar.com

Nagpa-pogi na iyan sa mga government employees.....

Panalo na raw siya roon... Pero, sa mga private employees,- hindi na niya kailangan ang suporta,- do the right thing DAW siya...

the system can die down in a decade or so IF SSS will not do anything to improve the collection efficiency or introduce new programs.... in short, kung status quo.... pwedeng maubusan ng pondo. yan naman talaga ang trabaho ng mga actuaries....projections, so merong gawin para makaiwas dun sa projections (same as in life insurance companies).

imagine, we contribute. our loans get interests.... and the actual pension are not too high.... imho, my mom only gets 6.8k/month from SSS after contributing for 25 years.

but SSS has a top heavy organization..... kung ang isang VP ay kumukuha ng 300k/month, eh pano kung may 50 VP sila? wala pang bonuses yan.... considering they are a GOCC, dapat they are within the bounds of the salary standardization law.

if PNOY can allocate money sa BBL and sa PPP, i think mas karapat dapat bigyan ng pondo ang mga tao na nagambag sa institusyon ng pagkatagal tagal, kesa sa mga taong walang naiambag na masko ano. 2k is 2k.... magkano ba ang bigay nila sa mga PPP beneficiaries. sa BBL, ano ba mapapala ng sambayanan?

yes, direct hit on Roxas again. too bad for him.

personal note : ang gusto atang manalo ni Abnoy is si Binay eh.

Tanggalin ang mga top-heavy officials ng SSS... (Kasama ba sila sa salary increase na sinusuportahan ni pnoy; kung kasama e bakit bibigyan ng increase kung hindi maganda ang output sa trabaho... t*ngn* naman o)....

Puro mga patabaing-*baboy* ang mga iyan.... Mga hari at mga reyna ang mga iyan!

Self-declared bonuses and perks pa....

Saan ka pa lalagay,- e mga bata rin iyan ng prisidinti....

Our dear country is going down to the dogs....


"The measure of a man is what he does with power" LJIOHF!

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[kimbon]

in the past ang daming investments ng SSS nabangkarote/nalugi. balang araw hwag sana manyari ito mismo sa SSS due to mismanagement. keeping my fingers crossed.
curious, bakit di na lang kaya ipaubaya ang pamamalakad sa private sectors, then gobyerno na lang ang magmonitor sa members ng kanilang monthly contributions? ahaa wala pala magiging kita /tongpats ang executive officials ng SSS pati na rin ang consultants

[romeocharlie]

And yet they are giving thousands or even millions of bonuses to the higher ranking officials...

[papi smith]

... imho, my mom only gets 6.8k/month from SSS after contributing for 25 years.

With all due respect sir, OT but I find it interesting, magkano na kaya present value ng 25 years contribution nya? 6.6k/mo is 81.6k/year. Considering present interest yields na 3%, nasa 2.72M na dapat ang present value ng contributions to sustain pensions. If you take the maximum contribution of 1,760 at present ay 528k lang yun for 25 years. Using this figure, 15%/year ang pension payout.

[papi smith]

And yet they are giving thousands or even millions of bonuses to the higher ranking officials...

Ganyan talaga ponzi scheme, the operators get to fatten themseves.

[anonemus]

The least that Pnoy can do is go on TV and explain the veto.

[CVT]

in the past ang daming investments ng SSS nabangkarote/nalugi. balang araw hwag sana manyari ito mismo sa SSS due to mismanagement. keeping my fingers crossed.
curious, bakit di na lang kaya ipaubaya ang pamamalakad sa private sectors, then gobyerno na lang ang magmonitor sa members ng kanilang monthly contributions? ahaa wala pala magiging kita /tongpats ang executive officials ng SSS pati na rin ang consultants

Isa iyan sa mga pinagkukuhanan nila ng pondo na walang tanung-tanong dahil magkakutsaba sila....



"The measure of a man is what he does with power" LJIOHF!

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[wowiesy]

^...and Binay will gain from this as he'll point out the generous social services doled out in Makati.

Pnoy should've worked closely with Congress on this issue BEFORE it was submitted to his office.

PR disaster.

i agree.. di naman totoo na wala ng pdaf and dap e... when this was in the legislative mill.. dapat minandohan na ng malacanang speaker of the house at senate president..

on the other hand.. bilib din ako kay colmenares... he has been making the rounds in media raising awareness on this bill... putting pressure on malacanang to approve this ( on an election year at that).. kayanow na na veto.. ang laki ng awareness... marami feelingnabigo... in a way pinaasa nila colmenares...

[1D4LV]

With all due respect sir, OT but I find it interesting, magkano na kaya present value ng 25 years contribution nya? 6.6k/mo is 81.6k/year. Considering present interest yields na 3%, nasa 2.72M na dapat ang present value ng contributions to sustain pensions. If you take the maximum contribution of 1,760 at present ay 528k lang yun for 25 years. Using this figure, 15%/year ang pension payout.

sorry dude.... not an actuarial so i really do not care about it.
but heck, my mom-in-law who is from GSIS, receives 15k/month. dahil ba sa volume yan? mas maraming private employees vs. government employees?

[CVT]

Ganyan talaga ponzi scheme, the operators get to fatten themseves.

And one that is run by the government, who is supposed to be a public trust.

"A public office is a public trust"



"The measure of a man is what he does with power" LJIOHF!

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[1D4LV]

i agree.. di naman totoo na wala ng pdaf and dap e... when this was in the legislative mill.. dapat minandohan na ng malacanang speaker of the house at senate president..

on the other hand.. bilib din ako kay colmenares... he has been making the rounds in media raising awareness on this bill... putting pressure on malacanang to approve this ( on an election year at that).. kayanow na na veto.. ang laki ng awareness... marami feelingnabigo... in a way pinaasa nila colmenares...

wala na ngang PDAF and DAP dahil declared unconstitutional.
kaya they renamed it to the "President's Emergency Fund"

[CVT]

sorry dude.... not an actuarial so i really do not care about it.
but heck, my mom-in-law who is from GSIS, receives 15k/month. dahil ba sa volume yan? mas maraming private employees vs. government employees?

Bro.,- for government employees,- their pension (GSIS) is equivalent to the average of their monthly salary for their last 3 years of service.... Can somebody from government service confirm this please? I would love to be wrong here.

So,- tuloy ang ligaya nila sa kanilang pension,- parang sumusuweldo pa rin...


For private employees (SSS),- e bahala ka nang mag-compute,- basta mababa iyan!!!- basta malaki ang sweldo at benepisyo ng mga executives ng SSS.


Now, PNOY endorsing an increase in the salary of government employees,- will have a tsunami effect on the retiring government employees, in terms of their monthly pension (again, average of their last 3 years of service),- and their accumulated unpaid and unused VL, running for years - babayaran lahat iyan with the increased salary...

E, saan ba kumukuha ng pinapasweldo ang gobyerno???? - a significant portion is tax (real estate, corporate, individual, goods and services, tariffs on importation, ad valorem etc) - we all pay for these one way or the other....



"The measure of a man is what he does with power" LJIOHF!

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