The Social Security System (SSS) and the Cooperative Development Authority (CDA) have inked a memorandum of understanding that would enable cooperative officials and their members to become members of the state insurance fund.
Under the agreement, the SSS will conduct orientation and awareness campaigns regarding its membership and cooperative accreditation in various fora that the CDA may organize.
The setup would provide cooperatives and its members with information, education and communication materials about SSS programs, assistance in the registration of their members, remittance of their contributions, access to the SSS benefits and privileges through various e-services, as well as create, develop, improve, and implement programs and policies for their welfare.
The CDA would assist the SSS in raising awareness about the value of SSS membership for cooperatives and their members by collaborating with the agency on different venues and opportunities to conduct coverage campaigns, including social security programs as one of the topics during CDA briefings, assemblies, and council meetings, and linking the SSS to various cooperatives nationwide.
It would also assist the SSS in the formulation of policies to improve access to social security protection for cooperatives and their members.
The partnership coincided with the celebration of the National Cooperative Month under Republic Act No. 11502.
