MANILA, Philippines - The Philippine Chamber of Commerce and Industry (PCCI) has called for a thorough consultation on the planned increase in the minimum monthly pension of retired private sector workers to P7,000. Dr. Francis Chua, PCCI President and Sergio R. Ortiz-Luis Jr., PCCI Chairman...
RA 11199, which requires SSS to pay unemployment benefits to jobless members, is the same law that raises the SSS contribution rate from 11% to12% in 2019, 13% in 2021, 14% in 2023, and 15% in 2025. Two-thirds of the increase will be shouldered by the employer, while one-third wi...