State-owned pension fund Social Security System (SSS) said last Thursday it added an additional 22 years to its fund life due to the contribution rate increases since 2019.
STATE-owned pension fund Social Security System said last Thursday it added an additional 22 years to its fund life due to the contribution rate increases since 2019.
With the help of gradual contribution rate increases mandated by Republic Act 11199 , the fund life was extended by another 12 years or until 2044.
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