The Social Security System (SSS) and the Cooperative Development Authority (CDA) have finalized their partnership for social security protection awareness campaigns.
Last Oct. 20, SSS signed a memorandum of understanding (MOU) with CDA formalizing their partnership in ensuring that cooperatives and their members will have access to social security protection through SSS membership.
Under the MOU, the SSS will conduct orientation and awareness campaigns regarding membership and cooperative accreditation in various fora that the CDA may organize.
SSS will also provide cooperatives and its members with information, education, and communication materials about its programs, as well as assistance in the registration of their members and remittance of their contributions, among others.
Lastly, SSS will likewise create, develop, improve, and implement programs and policies for cooperative members’ welfare.
On the other hand, the CDA will assist the pension fund in raising awareness about the value of SSS membership for cooperatives and their members whenever there is an opportunity to conduct coverage campaigns.
Moreover, the agency will also assist the SSS in the formulation of policies to improve access to social security protection for cooperatives and their members.
The MOU signing coincides with the celebration of the National Cooperative Month, which aims to promote the conduct of activities and programs that uplift the principles and values of cooperatives and encourage cooperative movement.