Official statement on reassignments of executives involved in admin case

State-run Social Security System (SSS) confirms the reassignments of its officials involved in an administrative case. The reassignments of executives have been implemented in the exigency of service (“SSS execs probed for profiteering,” 10/31/17 and “Suspension of SSS officials sought,” 11/1/17).

The action will also pave the way for an objective, transparent, and fair investigation of the ongoing administrative complaint, and due process will be strictly observed in the investigation. Charges in the administrative complaint are still subject to further investigation.

Likewise, the reassignments will avoid any suspicion that the ongoing investigation will be white-washed.

SSS has institutionalized procedures to address administrative complaints. Such mechanisms ensure all parties are given due process.

SSS guarantees its members that the Investment Reserve Fund, which came from members’ contributions and investment income, is intact, well-protected, and professionally managed. The management would also like to assure its members that no SSS fund was used or compromised in the issue.

EMMANUEL F. DOOC, president and chief executive officer, SSS