It's Friday, so reaction to HTTemplo's Playing Santa Claus column

first of all, HTT's post invariably contains SSS history so reading it is a good way to get historical data about the SSS unless you - as a reader - are one of those - who are steeped in history.  i would say that legislators should know about the SSS history themselves (or as some politician would put, as least his aides should)  because SSS matters are of national importance. 

what can i say?  i agree.  in fact, readers may remember i said that 20K increase mentioned in the SSS reform agenda is too small.  i said then that it should be at 50K, or at the very least 30K.  But, they chose to limit it at 20K.

will PNoy play Santa then?  i guess.  perhaps history will dictate it

let me just repeat his last statement

Thus, it should do no less for its primary program-pensions. Election year or not, it should push for increases in pensions, maximum salary credit and contribution rate. This Christmas, it is the turn of President Noynoy Aquino to play Santa Claus to us current and future pensioners by approving them.

click here to read HTTemplo's column playing-santa-claus

Barack OBAMA

Hey Jimmy!

Democrat OBAMA is reelected!

BIG SMILE........

Reaction to HTT's Friday

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.