Tags: SSS

Pubic school teachers slam GSIS bonuses

MANILA – Public school teachers stormed the Government Service Insurance System (GSIS) head office in Manila on Oct. 19, Friday to protest the granting of P10.448 million ($242,416) in bonuses to its board of directors. The teachers slammed the Governance Commission for Government Owned or Controlled Corporations (GCG) for reportedly granting bonuses to the GSIS…

‘Shameless’ SSS board not alone, other GOCCs have ‘epidemic of thick-skinned insensitivity’

Aside from the much-criticized fat bonuses at a time when the funds’ sustainability was supposedly in danger, thus requiring a hike in members’ contributions, it turned out that the SSS executives have each been receiving $1,859 per month just for attending two board meetings, and its CEO flies abroad every two months, first-class.

Why increase SSS premiums? workers’ groups ask

Since the time of President Fidel V. Ramos, Filipino retirees have never seen their SSS pension increase. Quirico D. Gapasin, 77, complained of this as he joined a picket in front of the SSS main office in Quezon City. He was just passing by East Avenue, he said, when he chanced upon members of Kilusang Mayo Uno (KMU) and Piston protesting the impending hike in SSS premiums, amid the little to no improvement in benefits and services.