HT Templo's no-work-no-pension discussion in his column at the Manila Standard
i will probably harp on still the same thing. there must be a quick-and-dirty solution for non-financial-savvy private sector workers to increase their pensions for the future. The SSS pension is just too low, as one of my friend mentioned, one cannot keep body and soul with the SSS pension.
i do understand about the plight of the informal sector. i have posted elsewhere in this blog that SSS should have fewer restrictions about those "workers" it is accepting (and not just to return their premiums later!!). i have mentioned the case of the guy who works for several employers (households) for whatever work. and this is not regular work from each of the household. probably wont even reach 1000 in a single household.
DOLPE - he (HTT) says for DOLE - since the DOLE that he espouses the idea that this institution should also handle pensions. although i have no objections to it at all, the acronmyn reminds of Dolphy, who passed away just this year. i digress. i do agree that everyone should have a pension. i do worry about whose financial burden it will be though.
it is simply too much for the taxpayers to shoulder. most members of the middle class are no longer in the middle class - they have already slid to poverty levels. Enough with taxation without thought.
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