Manila, July 8 -- SSS-GSIS Pensyonado (SGP) Party-list Rep. Rolando Macasaet has filed a bill seeking to increase by PHP1,000 the monthly pension being received by retired private employees under the Social Security System (SSS).

Bill 1506, titled "Mandating a One Thousand Peso Increase in the Social Security System (SSS) Monthly Pension," was filed at the House of Representatives on Monday, seeking to amend Section 12 of Republic Act (RA) 11199 or the Social Security Act of 2018."

In a statement on Tuesday, Macasaet said the 1987 Philippine Constitution expressly states that "the State shall, from time to time, review to upgrade the pensions and other benefits due to retirees of both the government and the private sectors."

Under Sect...