House panel OKs bill authorizing President to suspend SSS rate hike

The House Committee on Government Enterprises and Privatization on Thursday approved a proposal seeking to authorize President Rodrigo Duterte to defer the scheduled hike in Social Security System (SSS) contribution rates this year.

The panel, chaired by Parañaque City Rep. Eric Olivarez, approved the unnumbered substitute bill consolidating several measures granting the President the power to suspend increases in SSS contribution rates in times of national emergencies including this coronavirus pandemic. READ MORE

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