Thursday, 2nd April 2015

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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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The origin of Satan

April 02, 2015 12:58 AM

By: Artchil B. Fernandez

NO figure in human history has achieved the highest notoriety more than Satan. The name is synonymous with evil, the ultimate symbol of the dark side of the universe. How did this entity become the most maligned character in history, the prince of darkness and the archenemy of God and humanity?

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We understand

April 02, 2015 12:56 AM

By: Ellen Tordesillas

(The author is an Antiqueña journalist based in Metro Manila. She also writes for Malaya, Abante and VERA Files)

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April 02, 2015 12:56 AM

By:  Juan Mercado

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Muhammad Ali’s love for Manny Pacquiao

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By: Alex P. Vidal

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Need for signs of the Lord’s resurrection today

April 02, 2015 12:52 AM

By: Fr. Czar Emmanuel Alvarez, OSA

EASTER SUNDAY
Gospel Reading: John 20,1-9

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