2007, September 1. Social Security System,
50th
Anniversary
(Actual First Day:
August 31)
Litho Offset.
Amstar Company, Inc., Perf. 14
Se-tenant
Blocks of 4, Sheets of 40
(4 x 10);
Souvenir Sheets
of 4
Se-tenant Blocks of Four
(52,000)
7p
Family in front of SSS Building
7p President Ramon Magsaysay
7p
Signing of SSS Law, RA 1161
7p 50th
Anniversary Logo and SSS Building
28p Souvenir Sheets of Four (10,000)
Project Directors: EVP Horacio T.
Templo, Alberto C. Alburo
Project Coordinator: Susan B.
Valenzuela
Designer and Layout Artists:
Janette Patani, Christine Metica
First Day Covers: Manila
SOCIAL SECURITY SYSTEM - 50th ANNIVERSARY
The concept of social security evolved
from an age-old search of man for protection against poverty which
breeds grave social ills that not only threaten his survival but
also erode his sense of human dignity. It, therefore becomes the
duty of the State to operate a mechanism that would provide such
protection to its people. .
On January 26, 1948, President Manuel A. Roxas proposed a bill
seeking to establish a social security system for wage earners and
low-salaried employees. This was recommended to Congress in his
State of the Nation Address.
After the death of President Roxas, Pres. Elpidio Quirino created
the Social Security Study Commission on July 7, 1948. The creation
of the commission was his first official act upon assumption to
office. Based on the report of the Study Commission, a draft of the
Social Security Act was submitted to Congress.
In 1954, Rep. Floro Crisologo, Senators
Cipriano Primicias and Manuel Briones introduced bills based on the
report of the Social Security Study Commission in the House of
Representatives and in the Senate. These bills were consolidated and
enacted into Republic Act (RA) 1161, better known as the Social
Security Act of 1954. The original Social Security Act was signed by
President Ramon F. Magsaysay, Sr. on June 18, 1954.