THE state-run Social Security System (SSS) on Tuesday signed a memorandum of agreement (MOA) with the Philippine Sports Commission (PSC) to ensure the social security coverage of national athletes, coaches, and trainers.
Under the agreement, the PSC shall deduct from the allowances of national athletes, coaches, and trainers who are not covered by the Government Service Insurance System, their monthly contributions and remit to SSS. They will be registered as self-employed SSS members and will be entitled to its benefit and loan programs upon meeting the set qualifying conditions.
The PSC is a government agency that funds and supports the training and exposures of over 1,100 national athletes.
Photo shows (from left to right) SSS Large Accounts Division Vice President and Concurrent Account Management Group Acting Head Antonio Argabioso, SSS NCR Operations Group Senior Vice President Jose Bautista, SSS PCEO Aurora Ignacio, PSC Chairman William Ramirez, and PSC Commissioners Charles Maxey, Celia Kiram and Arnold Agustin during the MOA signing at the PSC Press Conference Room of the Rizal Memorial Sports Complex in Manila.