The Social Security System (SSS) commended the Makati Development Corp. (MDC) for subsidizing the contributions of the spouses of its construction foremen and workers.
SSS president and chief executive Rolando Ledesma Macasaet, joined by Social Security Commissioner Diana Pardo-Aguilar, signed the deal with MDC employee experience and benefits manager John Paulo Curay, which makes the real estate developer the newest partner in the Contribution Subsidy Provider Program on May 14.
Macasaet said that under the agreement, MDC would pay the SSS contributions of their workers’ spouses for six months, which is a crucial step in initiating their membership and getting social security protection from SSS. The program will start with an initial 10 MDC workers.
“While we have signed numerous agreements with contribution subsidy providers, our partnership with MDC is truly exceptional. MDC showed its concern to their employees’ families by extending social security coverage to the wives of foremen and construction workers,” Macasaet said.
Macasaet said other companies should imitate the example set by MDC, which extends social security protection to the spouses of their workers.
“SSS contributions are the greatest gift that we can give to our fellow Filipinos because they will gain access to SSS benefits such as sickness, maternity, disability, retirement, funeral, and death,” he said.
SSS executive vice president for branch operations sector Voltaire Agas said that under the CSPP, a contribution subsidy provider (CSP) should pay the contributions of self-employed workers, land-based overseas Filipino workers (OFWs) or voluntary members.
“A CSP could be a private or government individual or group willing to subsidize the SSS contributions of identified members. By participating in the CSPP, companies can demonstrate their commitment to social responsibility and employee welfare while contributing to the social security protection of Filipinos,” Agas said.
Agas said the SSS would team up with potential CSPs who are generous enough to shoulder the total amount of contributions of their chosen SSS members for a minimum period of six consecutive months.
