SSS eyes mandatory OFW coverage | Inquirer News

SSS eyes mandatory OFW coverage

By: - Reporter / @bendeveraINQ
/ 12:37 AM March 28, 2017

The Social Security System is eyeing the mandatory coverage of Filipinos working abroad, which is one of the proposed amendments to its charter now pending in Congress.

In a statement, SSS president and chief executive Emmanuel F. Dooc said the agency is seeking to cover all overseas Filipino workers (OFW) in order to provide them security protection.


SSS said only about 500,000 OFWs are SSS members out of the estimated 2.4-3.8 million Filipinos working outside the country.

OFWs’ contributions totaled P4.64 billion in 2016, SSS said.


“The mandatory coverage of OFWs would increase the number of members of the pension fund on the back of SSS’ efforts for universal coverage,” Dooc said.

In 2016, SSS disbursed P779 million in benefits to OFWs, including initial and lump sum benefits for retirement, death, (funeral with grant), disability as well as for sickness and maternity for female workers, it said.

“We are pushing for our OFWs to be covered on a mandatory basis in order to secure their basic safety net in time of contingencies.” Dooc said.

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: OFWs, Philippine news updates, Social Security System
For feedback, complaints, or inquiries, contact us.

News that matters

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.

© Copyright 1997-2021 | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.