The coronavirus pandemic has pulled down contributions to state-run Social Security System (SSS) last year, according to the Department of Finance (DoF).

In a statement on Friday, the DoF cited the state-run pension fund’s report to Finance Secretary Carlos Dominguez 3rd in saying that these contributions hit P204.75 billion in 2020, a 7.1-percent reduction from the P220.38 billion collected a year earlier.