^

The Good News

Farmers, fisherfolk to get subsidies for SSS contributions

The Philippine Star

MANILA, Philippines - Farmers’ monthly contributions to the Social Security System (SSS) as self-employed members will be fully subsidized by the Department of Agriculture (DA).

In a continuing campaign to extend social protection to informal sector workers, the agreement is expected to benefit up to 200,000 agricultural workers nationwide who may qualify for the subsidy as members of rural based organizations (RBOs) or community extension workers (CEWs) in good standing, with 100 farmers already selected as the first batch of beneficiaries.

Despite their invaluable role in our nation’s food security, farmers often struggle with seasonal incomes and their livelihood’s vulnerability to typhoons, floods and other whims of nature.

Apart from farmers, fisherfolk will also be added to the list of beneficiaries for the subsidized SSS contributions. At present, over 450,000 farmers and fisherfolk are covered by SSS as self-employed members.

The DA-ATI, with RBOs and CEWs as its partners, implements extension and training activities to promote state-initiated food sufficiency programs and other priority thrusts of the DA. The subsidy for SSS contributions forms part of DA-ATI’s compensation for qualified members of RBOs and designated CEWs. Included in the list of RBOs are Rural Improvement Clubs (RIC); the youth-based 4H Clubs; Pambansang Mananalon, Mag-uuma, Magbabaul, Magsasaka (P4MP); Magsasaka Siyentista (MS); and Indigenous People (IP).

The subsidies will be based on P3,000 monthly salary credit, which is equivalent to a contribution of P330 per month. DA-ATI regional offices will remit the contributions to SSS quarterly via bank deposits as well as submit a regular payment list showing the beneficiaries of the monthly subsidies.

The chosen beneficiaries have the option to increase their monthly contribution, on top of the subsidized amount, to be entitled to higher SSS benefits and loans in the future.

Many farmers and fisherfolk lack social security coverage and face difficulties in remitting regular contributions. This is something that SSS aims to address through initiatives such as its new partnership with DA.

 

vuukle comment

CONTRIBUTIONS

DEPARTMENT OF AGRICULTURE

FARMERS

INDIGENOUS PEOPLE

MAGBABAUL

MAGSASAKA

MAGSASAKA SIYENTISTA

PAMBANSANG MANANALON

RURAL IMPROVEMENT CLUBS

SOCIAL SECURITY SYSTEM

SSS

  • Latest
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with