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SSC welcomes probes

  • Written by Jun I. Legaspi
  • Published in Nation
  • Read: 125

SOCIAL Security Commission (SSC), the policy-making body of the Social Security System (SSS), welcomes
the investigations to be conducted by Congress and third party institutions in support of the SSC’s
house cleaning efforts, particularly on the conduct of its officials handling investments of the
pension fund.

SSC Chairman Amado D. Valdez said a committee is currently evaluating the responses submitted
by Rizaldy T. Capulong, Reginald G. Candelaria, Ernesto D. Francisco Jr., and George S. Ongkeko, Jr.
to the complaints filed against them.
“The Commission gave the respondents ample time to respond in compliance with due process,”
Valdez said.
Besides looking at the probable guilt of the respondents, the investigation will also lead to
fine tuning the SSS investment policies.
Valdez said the SSC looks at Congress as its guide in making the SSS more beneficial to its
more than 35 million members. Thus, the reform agenda for the 20-year old charter of the SSC, which is
seen as the future of the SSS, is now at the hands of the lawmakers.