147 0 0 4 min to read

In Albay, the SSS is pursuing contribution evaders.

LEGAZPI CITY, PHILIPPINES – In the First District of Albay, the Social Security System (SSS) recently undertook its “Run After Contribution Evaders” (RACE) campaign in selected local government units.

SSS-Bicol spokesperson Jeanette Mapa said Antonio Argabioso, senior vice president for Luzon Operations Group, and other SSS officials visited six employers in Tabaco City, Bacacay, and Sto. Domingo on Tuesday due to non-remittance of contributions and/or non-registration of business with the agency.

“They also issued a written notice enjoining employers to pay their SSS obligations through the Pandemic Relief and Reconstruction Program-Enhanced Installment Payment Program (PRRP 3),” she added.

Argabioso stated in a statement that the country has been severely impacted by the epidemic, and that the business sector is still recuperating from its economic losses, but that employers must continue to remit their employees’ SSS contributions so that they can get benefits.

“All delinquent employers, including those that were exposed to the RACE Campaign,” he said, “should communicate with their respective Account Officers to take advantage of the PRRP 3.”

Employers may pay within nine to sixty months, depending on the total amount of their obligation, using one of the following payment schemes: first, pay in full the principal obligation first and the corresponding penalties in installments; second, apply the monthly installments to the principal ahead of the payment for the penalties; or third, pay in full the remaining delinquency at any time during the term of the Installment Payment Agreement (IPA).

The Social Security Act requires employers to take their portion of the monthly payment from employees’ salaries/wages, pay their own share of contributions, including Employee’s Compensation, and remit these on a regular basis.

All employers are required to register with the Social Security Administration (SSA) and report their employees for coverage.

Argabioso advised employers to follow the law in order to protect their workers’ welfare.

“In this pandemic era, employees are confronted with risks such as illness, injury, job or income loss, and even death.” Employers’ adherence to the SS Law is critical in ensuring the welfare of their employees, and SSS is here to make sure that our members get their well-deserved benefits,” he stated.

QR Code

Save/Share this story with QR CODE


Disclaimer

This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

πŸ“© Need to get in touch?

Feel free to Email Us for comments, suggestions, reviews, or anything else.


We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❀️GIVE A TIP. Send a small donation thru Paypal😊❀️
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) πŸ›’ BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) πŸ‘ Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).


AFFILIATE PARTNERS
LiveGood
World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.


0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x