2007, September 1. Social Security System, 50th Anniversary
(Actual First Day: August 31)
Litho Offset. Amstar Company, Inc., Perf. 14
Issued in Se-tenant Blocks of 4, 40 stamps per sheet (4 x 10); Souvenir Sheets of 4
Se-tenant B/ 4 (52,000); Souvenir Sheets of 4 (10,000)
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
7p x 4 Souvenir Sheet of Four
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
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.
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