Diokno: SSS pension hike after tax reform law

Any increase in Social Security System (SSS) pension should come only after the approval of the tax reform law that would make it easier to increase members’ contribution to the fund, Budget Secretary Benjamin Diokno said on Tuesday.

Diokno said President Duterte was not in the same situation as when he was a candidate who had promised voters an increase in the pensions of retirees in the private sector.

As Chief Executive, Mr. Duterte now has access to more data concerning the SSS, Diokno said following reports that the President was still looking for ways to give the pension increase while protecting the life of the fund.

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