Palace urged to likewise defer SSS, Pag-IBIG premium rate increases → BusinessMirror

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Palace urged to likewise defer SSS, Pag-IBIG premium rate increases → BusinessMirror
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A House deputy minority leader on Tuesday called on Malacañang to also defer premium hikes of the Social Security System (SSS) and the Home Development Mutual Fund, or Pag-IBIG Fund.

A House deputy minority leader on Tuesday called on Malacañang to also defer premium hikes of the Social Security System and the Home Development Mutual Fund, or Pag-IBIG Fund.

Starting January 1, 2023, the new contribution rate for SSS will be at 14 percent, up one percentage point from 13 percent, while Pag-IBIG fund is set to increase its rates from P100 to P150 this year unless their boards or Malacañang moves to suspend the increases, said Castro.

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