SSS has consistently been NOT UPFRONT by trying very hard to give a spin to a VERY IRREGULAR PRACTICE VIA THAT PHP276,000,000.00 (PHP276 MILLION) BONUS it gave its board of directors, officers, and employees. What worsens the situation is that other government officials are now circling the wagon to parry the embarrassing picture that the said PHP276MILLION BONUS has become. But truth is truth. No amount of obfuscation can hide the truth. Let's do some basic math. If SSS has has 5000 (five thousand) employees all over the country, and we divide the PHP276million among them EQUALLY, then each of them gets PHP55,200.00 bonus. My! I'm now MORE THAN 22 years an SSS MEMBER and a private sector employee, and I'VE NEVER YET EVER GOTTEN A BONUS AS BIG AS PHP55,200.00. AND, that's the LEAST, the AVERAGE the SSS people would get. However, an SSS insider told me that their performance bonus amounts to around 250% (yes, 250%!) of their salary, which means that an SSS employee can get MORE THAN PHP55,200.00 bonus (and thus, no wonder why the Members of the SSS Board rewarded themselves each a largesse of around PHP1,000,000.00!).
SSS officials are now hard put in drumbeating that SSS earned PHP36Billion INCOME LAST YEAR, thus the SSS EMPLOYEES DESERVE A PERFORMANCE BONUS. And I agree, no contest that indeed SSS employees MUST GET A BONUS for the said PHP36BILLION income. BUT, NOT THAT BIG, HUMUNGOUS CHUNK OF BONUS: PHP276,000,000.00!!!!! For the following reasons:
1. The SSS MONIES BELONG TO THE SSS MEMBERS, AND NOT TO THE GOVERNMENT. Thus, the SSS EMPLOYEES, ITS BOARD OF DIRECTORS INCLUDED, have NO RIGHT to PRODIGALLY DIVIDE AMONG THEMSELVES MONIES WHICH IN THE FIRST PLACE DON'T BELONG TO THEM, NOR TO THE GOVERNMENT. AMIN 'YANG PERANG '! PERA NAMING MGA MIYEMBRO 'YAN, KUNG KAYA'T KAMING MGA MIYEMBRO ANG UNANG DAPAT MAKINABANG N'YAN AT HINDI KAYO NA MGA EMPLEYADO LANG NAMIN!;
2. The government Commission overlooking GOCCs said TONIGHT IN THE NEWS that the PHP276,000,000.00 BONUS shouldn't be a cause of umbrage for the SSS members because anyway the PHP36Billiion SSS earnings from where the PHP276,000,000.00 BONUS was taken wasn't from the CONTRIBUTIONS OF MEMBERS. Granting that such is true, however, isn't it ALSO EQUALLY TRUE THAT THE PHP36BILLION EARNINGS OF SSS BECAME EARNINGS BECAUSE OF THE MEMBERS' MONIES WHICH WERE INVESTED BY THE SSS. Thus, the PHP36BILLION EARNINGS LAST YEAR, THOUGH NOT THE MEMBERS' CONTRIBUTIONS, ARE STILL RIGHTFULLY OWNED BY THE MEMBERS BY VIRTUE OF THE FACT THAT THE MONEY USED TO EARN THEM ARE MONIES BELONGING TO THE MEMBERS;
3. I CHALLENGE THE SSS hierarchs and other SSS apologists from the government to SHOW US A LIST OF ALL THE PERFORMANCE BONUSES OF ALL GOCCs last year, and let's see if the SSS PHP276,000,000.00 ISN'T off-the-charts, comparative to the other GOCCs. And worse, I won't at all be surprised if it will be shown that the said PHP276,000,000.00 performance bonus will be GARGANTUAN compared to the bonus (IF THEY HAVE ONE) OF ANY ORDINARY SSS MEMBER. EACH SSS MEMBER, FROM WHOM ACTUALLY THE PHP276,000,000.00 WAS MINUSSED;
4. From whatever perspective you look at it, there simply is no way that the SSS Board, officers, employees have the MORAL ASCENDANCY to receive that PHP276,000,000.00 reward. NOT when its members are made to COUGH UP HIGHER PREMIUMS because SSS TECHNOCRATS are ANNOUNCING TO HIGH HEAVENS THAT SSS IS IN DANGER OF HAVING ITS COFFERS DRYING UP IN THE NEAR FUTURE.NO MORAL ASCENDANCY TOO, when the MAXIMUM SALARY LOAN AN SSS MEMBER (THE OWNER OF THE SSS MONIES) IS ALLOWED TO HAVE FOR 24 MONTHS IS A PALTRY PHP30,000.00, MUCH MUCH LOWER THAT THAT MINIMUM/AVERAGE PERFORMANCE BONUS SSS PERSONNEL GOT LAST 2012. NO MORAL ASCENDANCY TOO, BECAUSE the said SALARY LOAN CAN REACH A MEMBER AS TORTUOUSLY SLOW AS 30 DAYS, thus, what kind of PERFORMANCE WORTH PHP276MILLION ARE SSS PEOPLE SPEAKING OF IN THE FIRST PLACE?!?! And I'm not even bringing up here the FULL GAMUT OF LITANIES OF WOES RE SSS SERVICE, or the LACUNAE of it.;
5. As the SSS MEMBERS who OWN THE SSS MONIES (FROM WHERE THE PHP276MILLION BONUSES WERE DERIVED) BY MAJORITY ARE EARNING MEASLY SALARIES (THUS SURELY AREN'T EARNING PHP55,200.00 monthly), isn't it at the least UNCONSCIONABLE that SSS EMPLOYEES would have the wherewithal to be gifted with such GIGANTIC PHP276,000,000.00 BONUS.
I call on the SSS BOARD OF DIRECTORS, OFFICERS, AND EMPLOYEES: If you indeed believe in the truth of this government's DAANG MATUWID credo, please HAVE THE SENSE to RETURN THE AMOUNT WHICH YOU DON'T DESERVE TO GET AS BONUSES. Yes, I believe that you deserve a PERFORMANCE BONUS. BUT NOT A WHOOPING TUNE OF PHP276,000,000.00.
I call on our Executive Department, aka, President Pnoy, to please make A FAST, TRANSPARENT, an HONEST-TO-GOODNESS COMPARATIVE STUDY OF THE PERFORMANCE BONUSES OF ALL GOCCs, and see, if the SSS isn't WAY BEYOND WHAT'S FAIR AND REASONABLE, EVEN GIVEN THEIR SO-CALLED performance. Another call I make is for the Executive to EXPEDITE the return of the SSS MONIES which were undeservedly doled-out to the SSS BAORD DIRECTORS, OFFICERS, and EMPLOYEES as performance bonus. Yes, I agree, they deserve a bonus, BUT NOT THAT PHP276MILLION BONUS!
Otherwise, the SSS should be better off changing its proudly-aired motto as "Kabalikat ng Bayan," into "SSS, pinulikat ang bayan."
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