DoubleDragon Corporation has partnered with the Social Security System (SSS) to subsidize social security contributions for 2,000 informal sector workers in Iloilo and Roxas cities.
Under the agreement, DoubleDragon will provide ₱18.2 million to cover 12 months of SSS contributions for the workers, allowing them access to social security benefits. “This SSS contribution subsidy will not only support the 2,000 recipients but will also benefit their extended families,” SSS president and CEO Robert Joseph Montes De Claro said in a statement.
The partnership is part of the SSS Contribution Subsidy Provider Program (CSPP), which encourages private and government entities to fund social security contributions for self-employed workers and other eligible members.
DoubleDragon chairman Edgar “Injap” Sia II said the program allows the company to “pay it forward,” recalling that SSS provided the company with a corporate loan in 1997.
