PRESIDENT Rodrigo Duterte appointed current Insurance Commissioner Emmanuel Dooc as the new president of the Social Security System replacing Emilio De Quiros Jr. who has severely criticized for rejecting an increase in pensions while insisting on a P1 million bonus to SSS officials.
In an appointment letter dated November 15, signed by Executive Secretary Salvador Medialdea, Duterte approved the appointment of Dooc who will be replaced as insurance commissioner, a position with a fixed six-year term.
Dooc was first appointed as Insurance Commissioner in January 2011 and was reappointed in 2013 with a fixed term of six years under the new Insurance Code. Dooc’s term was supposed to end on 2019 had he not been appointed SSS chief.
Dooc will replace De Quiros who was forced to resign last August along with other appointees of former President Benigno Aquino III.
De Quiros was at the helm of the SSS when the fund raised an uproar from the public and members after he and other SSS officials received nearly P117 million in salaries, allowances and other incentives in 2014 while claiming the fund had no funds for a pension increase.
According to the Commission on Audit, De Quiros Jr. received P4,188,698.36 as board member and P2,656,000 as commissioner while claiming that the pension fund faces an actuarial shortage of funds by 2024.
