Dumaguete Info Search


Finance & Legal SSS-pension

Discussion in 'Businesses - Services - Products' started by Dutchie, Oct 25, 2022.

  1. OP
    OP
    Dutchie

    Dutchie DI Forum Patron Highly Rated Poster Showcase Reviewer Veteran Army

    Messages:
    1,027
    Trophy Points:
    341
    Occupation:
    Retired
    Location:
    Bagacay, Dumaguete
    Ratings:
    +1,826 / 125
    Blood Type:
    A+
    No, what I understand from the article is that pensioners will receive a higher pension without the monthly premiums for people currently paying into the system going up.
    Not a smart policy obviously, because as the article explains, that means that the system will become insolvent sooner.
    The government gambles that the population diagram will keep looking like a pyramid (many youngsters, few pensioners) long enough that they can postpone charging higher premiums for now.
     
Loading...