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2016-06-13T00:00:00.000Z

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Wrong Emilio de Quiros?

Mr. Emilio S. de Quiros Jr.

President and Chief Executive Officer

Social Security System

Email: d***@***.ph

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Social Security System

Background Information

Employment History

President

Ayala Life Assurance Inc.

President and Chief Executive Officer

SSS

Affiliations

Members
The Risk Management Committee

Board Member
Philippine Federation of Pre-need Plan Companies Inc

Education

Bachelor of Arts Degree

Economics

Bachelor of Arts in Economics degree ( Cum Laude )

Ateneo de Naga

Masters Degree

Economics

University of the Philippines

Web References (198 Total References)


Knowles PH wins 2016 SSS top employer for large accounts | Sun.Star

www.sunstar.com.ph [cached]

Knowles Electronics (Philippines) human resource director Agnes B. Lucente (center) and managing director Joseph Emmanuel F. Liwag (fourth from right) receive the Balikat ng Bayan plaque of recognition from (from left) SSS senior vice president (SVP) for account management group and Balikat ng Bayan awards committee chairperson Judy Frances A. See, Social Security Commission Chairman Juan B. Santos, Finance Secretary and guest of honor Carlos G. Dominguez III, SSS president and chief executive officer Emilio S. de Quiros Jr., SSS SVP for National Capital Region Jose B. Bautista and SSS vice president for large accounts division Antonio S. Argabioso.


BAUCH Phils. Company launch held in February 10, 2012 | Bauch

bauchlab.com [cached]

Among the Guest of Honors are dignitaries such as Counselor Emilia Lourdes Poblete and Ms. Corie Poblete, in honor of Silang Mayor Clarito Poblete; FDA Division Chief Joyce Cirunay in behalf of Director Suzette Lazo of Food and Drug Administration; Director Efren Nuestro of Bureau of Animal Industry; Mr. Emilio De Quiros Jr., President of Social Security System; Mr. Armando P. San Antonio, President of the parent company, ANFLO Interchemical Supply Corp.


Board of Directors | Belle Corporation

www.bellecorp.com [cached]

EMILIO S. DE QUIROS, JR.

Non-Executive Director
Mr. De Quiros, 67, has served as a Director of the Company since September 21, 2010. He is currently the President and Chief Executive Officer of the Social Security System ("SSS"). He is also a Director of UnionBank of the Philippines and Philhealth Insurance Corporation. Prior to his appointment as President of SSS, he served as Executive Vice President of Bank of the Philippine Islands and President of Ayala Life Insurance Inc., Ayala Plans Inc. and BPI Bancassurance, Inc. He was also a director of ALFM Peso Mutual Fund, Inc., ALFM Dollar Mutual Fund, Inc.,ALFM Euro Mutual Fund, Inc., ALFM Growth and Philippine Stock Index Fund. Mr. De Quiros graduated from Ateneo de Naga with a Bachelor of Arts in Economics degree (Cum Laude), and holds a Master of Arts in Economics degree from University of the Philippines.


In the wake of claims of ...

www.tribune.net.ph [cached]

In the wake of claims of poor collections impeding SSS' ability to fund the P2,000 pension increase, SSS president and chief executive officer Emilio S. de Quiros Jr. debunked the alleged 38-percent SSS collection efficiency computed by Rep.

...
During the SSS press conference on Jan. 18, De Quiros presented the financial performance of the pension fund since 2010.


SSS President and Chief ...

www.tribune.net.ph [cached]

SSS President and Chief Executive Officer Emilio de Quiros Jr. added the measure will also put members at risk as they will be deprived of benefits if the SSS goes bankrupt. Aquino vetoed the P2,000 pension hike last week a day before it lapsed into a law, saying that the SSS will go bankrupt if the P2,000 across the board pension hike will be passed into law without a corresponding increase in SSS premium payments. "After 11 years, what will the living (SSS) members receive? What will their beneficiaries receive? Nothing. They will suffer hardship. We do not want to arrive at that situation," De Quiros said. He added that the P2,000 pension hike provided in the bill will mean an annual pay-out of 56 billion from the social fund that would wipe out the gains achieved by the current administration.

...
De Quiros said 75 percent of the labor force belong to the informal sector which includes farmers, tricycle drivers, balut and taho vendors, etc.
Contributions, benefits mismatch If SSS is compelled to implement a pension increase, De Quiros said an increase in monthly salary contributions will be required. The rationale for this, according to De Quiros, is that SSS follows a defined benefit scheme - which provides for a predetermined amount of benefits based on the number of contributions paid and the monthly salary credit of a member - instead of a defined contribution scheme, thus creating a mismatch between contributions and benefits. For every P1 contribution paid by members, approximately P6 to P15 is returned to them in the form of benefits.

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