Dominguez lauds SSS, cites need to educate public to make pension fund sustainable for retirees

"Dominguez lauds SSS, cites need to educate public to make pension fund sustainable for retirees," Manila Bulletin

Dominguez image from article

Excerpt:

Finance Secretary Carlos Dominguez III today commended the Social Security System (SSS) as an institution that provides “a reliable net of social protection” for retirees even as he underscored the need to educate the public about keeping this pension fund viable enough to provide continuous and sufficient benefits to its millions of members. ...

Dominguez said he knows the challenge facing SSS executives in resorting to “public diplomacy” to convince member-retirees on the necessity for higher premiums, as he himself needs to embark on a similar diplomatic approach to win over taxpayers into supporting the Duterte administration’s comprehensive tax reform program, which is meant to generate enough funds for its 10-point socioeconomic agenda for inclusive growth. ...