Wednesday, 26th November 2014

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January 22,2013 12:16 AM

By: Dolly Yasa

BACOLOD City – The Social Security System (SSS) will increase the minimum monthly pension of its members once the enabling law is passed.
Raul A. Casiano, SSS-Bacolod City head, said lawmakers should also consider corresponding increases on the monthly contribution payments and other funding measures if the monthly pensions will be increased.

“This is to maintain and prolong the actuarial life of SSS,” Casiano said.

Actuarial life refers to the capacity of a fund or financing firm to honor its obligations to members or beneficiaries over a certain period of time.

"We have been proposing for the increase in premium contributions at 11% and at the same time increase the maximum salary bracket from P15,000 to P20,000. If approved, we will have more sources of funds to raise the monthly pension of the pensioners," Casiano said.

A party list group has been pushing for a P2,000 increase in the minimum average monthly pension.
Several bills pushing for the hike are now pending in the Senate.
Casiano said payments of SSS benefits come from contribution payments and investment earnings.
"We have numerous SSS pensioners so we cannot just simply give the increase without considering the financial aspect of SSS. There are now proposals in congress to increase the minimum monthly pension and if approved, SSS has to comply with the law. We just hope that if they grant it they would also look into the premium contributions that we should also increase," Casiano explained.

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Budol- budol in government offices

November 26, 2014 12:58 AM

By: Ranie Z. Jangayo

WHEN shall we have modest public officials? When shall we elect leaders who are not egotistic and arrogant?

Such arrogance and egotism are often displayed not just in their cruel treatment of the lowly and the meek, but also of those who would refuse to sing the same tune with them. Read more...

SRA replies – 10

November 26, 2014 12:56 AM

By: Modesto P. Sao-noy

THE petition of Steven Chan for an investigation into what he believes is manipulation of SRA data that led to his financial loss will have ramifications in the industry. The findings of the Ombudsman that will show Chan is right will smudge the integrity of the SRA that will lead to the prosecution of its top officials for graft and corruption.  Read more...

Houston Rockets vs. LA Lakers at the Toyota Center

November 26, 2014 12:54 AM

By: Edgar Mana-ay

WIDE screen TVs, some up to a hundred inches wide, are a common fixture in most homes here in Houston, Texas. And the TV at home is the most comfortable place to watch NBA games. Read more...

Persona Non Grata

November 26, 2014 12:52 AM

By: Peter G. Jimenea

THE cases for plunder and violation of Republic Act 3019 (Anti-Graft and Corrupt Practices Act) filed by Manuel “Boy” Mejorada against Senate President Franklin Drilon earned him the title “persona non grata” courtesy of the Iloilo City Council.

Read more...

Acknowledge and overcome our blindness

November 26, 2014 12:50 AM

By: Fr. Roy Cimagala

THAT gospel story about Bartimaeus, the blind man who unashamedly begged Christ that “I may see” (ut videam) (Lk 18,35-43) is a story worth reiterating since it contains precious lessons for all of us. Read more...

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