SSS bats for mandatory membership for OFWs

Alvin Elchico, ABS-CBN News

Posted at Apr 12 2017 02:53 PM | Updated as of Apr 12 2017 06:23 PM

MANILA - The Social Security System on Wednesday urged Congress to make membership mandatory for the estimated 10 million Filipinos working overseas.

Only around 10 percent of OFWs are SSS members, leaving the rest without pension or benefits when they retire or get incapacitated, said the fund's senior vice president, Judy See.

The SSS has 22 foreign offices that can receive contributions from overseas Filipinos. The minimum contribution from OFWs will be set at P550 per month, the same with local members, See said.

Bringing OFWs into the SSS will also help expand the pension fund according to See.