Estrada pushes to expand SSS' cash aid to displaced OFWs, retrenched workers
At A Glance
- Senator Jinggoy Ejercito Estrada is now pushing the Social Security System (SSS) to expand its cash aid or unemployment benefits to strengthen the safety net for workers who have been displaced due to layoffs, retrenchment or company closures.
Senator Jinggoy Ejercito Estrada is now pushing the Social Security System (SSS) to expand its cash aid or unemployment benefits to strengthen the safety net for workers who have been displaced due to layoffs, retrenchment or company closures.
Estrada, in filing Senate Bill No. 1070 also sought to include in the SSS’ safety net all overseas Filipino workers (OFWs) that are repatriated due to the escalating tensions in the Middle East.
“Those who have lost their jobs are not only losing their income. They are also losing their families’ hope and security in how to meet their daily needs,” said Estrada, a staunch advocate of workers’ rights.
“In times like these, they should have the help and concern of the government to get back on their feet,” he stressed.
“The proposed cash aid is not a handout. It is a protection against hunger and poverty while they look for new jobs,” the lawmaker added.
These unemployment benefits should last up to five months, from the current 50 percent of a member’s average monthly salary credit for two months, according to Estrada.
Also, under SBN 1070, the duration of assistance for displaced workers will depend on the number of years an SSS member has contributed to the agency’s fund.
Members who have contributed for at least one (1) year will receive monthly cash assistance equivalent to one-third of their current monthly minimum wage; while those with six (6)months to less than two years of contributions may receive one month of benefits; two to less than four years, two months; four to less than six years, three months; six to less than eleven years, four months; and eleven to less than fifteen years, up to five months of benefits.
Moreover, Estrada said the bill is designed to serve as a lifeline for workers during periods of joblessness to help them meet basic needs and maintain dignity while transitioning to new employment.
“In today’s unpredictable economy, job loss can happen overnight. Workers who have contributed to nation-building should not be left helpless when circumstances beyond their control take away their livelihood,” the lawmaker said.