THE Social Security System (SSS) said senators and congressmen comprising the bicameral conference committee approved on Wednesday the bill seeking to amend the 21-year old charter of the state-run pension fund.
SSS President and Chief Executive Officer Emmanuel F. Dooc expressed his gratitude to the bicameral conference committee who have approved and adopted the almost unchanged Senate Bill 1753 or the Social Security Act of 2018.
“I am thankful to the Senate and the House of Representatives contingents for their leadership, and for sponsoring and shepherding this bill. Hopefully, this will be signed by the President and become a law,” Dooc added.
The bicameral conference committee meeting for the consolidation of SB 1753 and House Bill 2158 was attended by Senators Richard Gordon, Ralph Recto, Franklin Drilon and Win Gatchalian, and Representatives Prospero Pichay and Mark Go.
The meeting was held immediately a day after the Senate version of the bill was approved on third and final reading on October 8, with 20-0-0 votes in the upper chamber.