MANILA, Philippines — The House of Representatives on Monday approved on final reading a measure that would authorize the President to defer enforcement of the Social Security System (SSS) premium increases.
House Bill No. 8512, which aims to amend Republic Act No. 11199 or the Social Security Act of 2018, grants the President the power to suspend the implementation of the scheduled increases in SSS contributions in times of national emergencies or when the public interest so requires.
The measure was approved with 228 affirmative votes, six negative votes, and no abstention.
The suspension of SSS premium increases shall be in consultation with the Finance Secretary as ex-offi…
Keep on reading: House passes bill authorizing President to defer SSS premium increases