PNoy rejects SSS pension hike bill

[Ry_Tower]

Colmenares was not concerned at all on the future effect of the increase to SSS. Typical leftist thinking, basta ibigay nyo no matter what. [emoji123]🏻bahala kayo kung mabangkarote pondo ng SSS.

hehe, siyempre pabor sa leftist is bumagsak gov't thru bankruptcy.

[Tj_abs]

Despite a dismal 38% collection efficiency rate, SSS officials are rewarded with huge salaries, allowances and bonuses. This is from the COA report on salaries ang allowances

[Lew_Alcindor]

Despite a dismal 38% collection efficiency rate, SSS officials are rewarded with huge salaries, allowances and bonuses. This is from the COA report on salaries ang allowances

Matindi yung De Quiros. Meron as CEO, meron pa as BOD Member hehehe

[cast_no_shadow]

Matindi yung De Quiros. Meron as CEO, meron pa as BOD Member hehehe

Hindi ba't automatic na president and CEO is one of the BOD? or not at all times?

[CVT]

Fair enough. But does the SSS give an insutry-level standard of service?

I think they have not given an industry-level standard of service in spite of their fat pay checks. They're there only to serve their master/s and fatten their wallets.

They should have done benchmarks and should have instituted changes in their pension plan to be at par at least with what GSIS has instituted or has done to secure their future (of course,- government people for government employees also-too/only).

I was talking with a regular staff of a government bank last night. She's one of the 5:oo or Levi's in their timekeeping and she's mighty proud of it... Modesty aside, I work in a higher position (private company) compared to her.

Her projected monthly pension is 3X what's going to be mine, when I retire.... What the fcuk!...

If these executive monk3ys of the SSS are doing their job,- with the cakes were giving them,- there is no excuse!

Matindi yung De Quiros. Meron as CEO, meron pa as BOD Member hehehe

Bro.,- kaya nga tahimik si Conrado de Quiros of the Philippine Daily Inquirer vs. PNOY e... Alam mo na.....



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

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[Bin Diesel]

I think they have not given an industry-level standard of service in spite of their fat pay checks. They're there only to serve their master/s and fatten their wallets.


I was talking with a regular staff of a government bank last night. She's one of the 5:oo or Levi's in their timekeeping and she's mighty proud of it... Modesty aside, I work in a higher position (private company) compared to her.

Her projected monthly pension is 3X what's going to be mine, when I retire.... What the fcuk!...

If these executive monk3ys of the SSS are doing their job,- with the cakes were giving them,- there is no excuse!

From the article: Legislators thinking of themselves in pushing SSS pension hike | Inquirer Opinion

Again, there’s no “magic” in it. It’s simple arithmetic. Government employees contribute 9 percent of their income every month to the GSIS. The private-sector employees contribute only 3.63 percent of theirs to the SSS. What’s more, that 3.63-percent contribution is subject to a maximum P15,000 of income, while GSIS members have no such ceiling; they pay 9 percent on total income. The government contributes 12 percent of income as its contribution, so the total is 21 percent. In the SSS, employers pay 7.36 percent, so the total is 11 percent. If the private sector wants larger pensions, it should contribute larger amounts. Truth hurts.

It would be great of there is an option for us to increase our contribution to increase our pension. Kaya lang knowing how inefficient SSS is mabuti pang sa private na insurance company na lang ako kukuha.

[Dende]

Despite a dismal 38% collection efficiency rate, SSS officials are rewarded with huge salaries, allowances and bonuses. This is from the COA report on salaries ang allowances

Tingin ko ok naman sweldo nila. Yung 4 million a year ng presidente ng SSS ay 350k a month. Maliit masyado yan kung ikumpara mo sa private sector kasi VP level or minsan manager level ang ganyang sweldo. Medyo bargain na nga yan sa tingin ko.

Ang dapat ata ireklamo ay kapag nakatanggap sila ng performance bonus at wala namang maipakita na "performance"





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[cast_no_shadow]

Ang dapat ata ireklamo ay kapag nakatanggap sila ng performance bonus at wala namang maipakita na "performance"





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Binago na yan, targer/output based na ang basehan for the performance bonus. compared before across the board ang perf bonus.

You set a target/commitment give it to GCG (Governance Commision for GOCCs)

GCG measures if you met or exceeded yung agreed targets.

dapat hindi lang met, you must exceed yung target set para mabigyan ng performance bonus.

IIRC GCG ranks the office, at the same time office ranks the department, departmnet ranks their staff individually

Wholistic approach ito, hindi dahil performing well ang unit mo, mataas na ang perf bonus niyo since babase din kayo ano rank binigay sayo ni GCG. Kaya dapat everyone exceeded their targets.

[Tj_abs]

“The money of the government is the people’s money. It came from the taxes collected from the people, it’s not yours( pnoy ).If you give what is due to the people, you are not giving any favor but you are just returning what rightly belongs to them,” -archbishop Cruz

[cast_no_shadow]

Nice one


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[H1Tman]

Medyo hindi maganda dating nung explanation ng commissioner ng SSS kanina. Parang galit, though I found their explanation understandable. Alam mo naman Pinoy mahilig sa drama.

[anonemus]

Tama si Pnoy for vetoing the Bill pero may pagkukulang din sya for SSS's dismal status since he became President

---
ATTY. MEL STA. MARIA | Calm down everyone, the President may be disappointingly correct on SSS

To veto a highly popular bill for the right reasons was a courageous act on the part of* President Noynoy Aquino. But at the same time, it highlighted the disappointing failure of the use of his presidential power of appointment and supervision. It may have also shown that the President did not fully understand the over-all power of a veto. It does not only involve the "actual veto" but also, peremptorily, the "threat of veto."********

Six (6) years of SSS* administratorship did not result in substantial increase in pension.* This is a clear failure in public service. Were there enough efforts at all to envision and plan out this increase from the beginning of this administration? Or if there were efforts in this regard, were those in position capable of thinking the right measures to meet the needed increase? Or should we just admit that, for a vital institution as the SSS, the wrong administrators were appointed? Were they just simply mediocre? There is no doubt that, in the matter of increasing the financial take of the pensioners, the SSS administratorship* was a disappointment.* And who appointed these people? The President of the Philippines.*

[safeorigin]

let them complain all they want. they're so far removed from reality and logic.

I applaud Pnoy for standing up against the popular idiocy running amok in the country.

[NiCe2KnowU]

Hindi naman lahat ng senior citizen ay mahirap tama lang na I veto yan, ibigay nalang nila sa nangangailangan

[vinj]

Hindi naman lahat ng senior citizen ay mahirap tama lang na I veto yan, ibigay nalang nila sa nangangailangan

And if SSS goes belly-up due to such hare brained proposals, yung unang ma-aaffect are the poor and lower to middle income pensioners with no retirement plans.

[Dende]

Eh kung iprivatize ang SSS para makuha yung serbisyo na gusto at mas madali magimplement ng reforms?

Mukha kasing nakatali ang isang kamay ng mga namamahala ng SSS dahil sa gobyerno.


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[shadow]

Kahit anong explanation gawin ng mga tigi SSS. The politicians will never listen especially hinabol Sa election year. Yun palang sa sinabi ni villager doon Sa article eh. Alam mo na yun typical bahala na bukas. Basta pogi ako ngayon.

Kung gusto talaga increase pension eh di itaas din contribution. Eh ayaw naman pumayag. Typical mentality yan. Puro kabig gusto. Parang MRT fare increase lang. Ayaw magbayad ng tama mga riders gusto dahil malaki subsidy ng govt pero dahil wala talaga kita at lugi pa eh di bulok na MRT.

You gotta pay if you wanna play.


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[Flipo]

Kahit anong explanation gawin ng mga tigi SSS. The politicians will never listen especially hinabol Sa election year. Yun palang sa sinabi ni villager doon Sa article eh. Alam mo na yun typical bahala na bukas. Basta pogi ako ngayon.

Kung gusto talaga increase pension eh di itaas din contribution. Eh ayaw naman pumayag. Typical mentality yan. Puro kabig gusto. Parang MRT fare increase lang. Ayaw magbayad ng tama mga riders gusto dahil malaki subsidy ng govt pero dahil wala talaga kita at lugi pa eh di bulok na MRT.

You gotta pay if you wanna play.


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+1
This is practically what Solita has explained in her column!

[Tj_abs]

Pnoy, ang tuwid na daan. Pwe

[screws]

Pnoy, ang tuwid na daan. Pwe

I dont understand why this has got anything to do with the poor people. Theres no rich or poor discussion here. SSS is an employee benefits/compensation. More than anything, this issue is more akin to asking your employer a raise and you give no room for negotiation.

I look at SSS contribution this way, it is there as a workers incentive aside from the salary he get. We can abolished SSS all together right now and what will happen is every employee will take a paycut. Your SSS compensation is factored in your salary before a company employ you. Do you want to take a pay cut?

The Government make it mandatory or forced you if you like to call it that way to save because he knows youre a one day millionaire. Who the hell will take your bills when you get hospitalized? It will not take care of itself right? The government can help you in a way but it will not definitely foot all your bills because it knows your tendency that when you know theres a safety net, you will not care if you fall again.

Now what congress needs to do is stop trying to get brownie points and go back to the drawing board and come up with a better proposal. If only all this people whos not happy with the decision can combine their brains to come up with an outstanding proposal, that would be great.