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Administration lawmakers have joined the call to defer the implementation of the increase in Social Security System contributions from 14% to 15%, saying that the timing is not right.Baguio Representative Mark Go and House Labor panel head and Rizal Rep. Fidel Nograles made the call under House Resolution 2157 and a statement, respectively.
747 billion in 2023.COA added there are at least P89.17 billion in uncollected premium contributions from 420,627 employers.“The inefficiency of SSS in the collection of premium contributions as revealed in the COA report should first be addressed before the government insurance agency proceeds to implement the schedule of contribution rate hike,” Go said.Nograles, for his part, called on President Ferdinand Marcos, Jr.
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