Defining the News
A committee in the House of Representatives has started public hearings on a measure that mandates the creation of a separate social security and retirement benefit system for migrant workers.
Salo, in his sponsorship statement of the bill during the hearing conducted by his committee, said: “One of the central pillars of this initiative is the intention to address the social protection needed by our modern-day heroes. This pension program seeks to provide them with a lasting solution for social security and welfare.”
During the first hearing on HB 8574, the committee was told that only some 540,000 or 1.3 Filipino workers abroad are active members of the Social Security System and only around 540,000 were active contributing members of the 1.3 million. He added: “While the amended SSS Law requires OFWs to be mandatorily covered and treated as self-employed members, our OFWs clamor for a distinct pension system exclusively designed for them—a framework that acknowledges their unique circumstances, vulnerabilities, and contributions to our nation’s growth.”
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