And bythe way- yes retirees will be affected if hyperwage is implemented. but they only represent a fraction of the Filipino population and most of them are dependent of their offsprings as their third world pension can not even fully support them as they are derived from the low salary scheme. With our close family ties here, the offsprings will share part of their hyperwage theories.
For foreign retirees living here with their pensions- they can leave us and go back to their countries if they can not afford living here. Other foreigners who can afford will take their place.
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