TIM eMagazine Issue 1 | Page 25

TIM eMagazine Vol.1 Issue 1 SSS to launch new contact center for OFWs average rates of SSS’ short-term placements or 91-day treasury bills, whichever is higher. “In 2012, the SSS revised the program’s policies to help OFW members earn more from their Flexi-Fund savings. Prior to that, there were no AIBs and the 91-day treasury bill rate was the sole basis for determining Flexi-Fund’s guaranteed earnings,” See said. The official explained that AIBs may be declared depending on the Flexi-Fund’s actual year-end income. Individual Flexi-Fund accounts of qualified active OFW members (or those with no full withdrawals and benefit claims within the applicable year) will be automatically credited with AIBs based on the member’s share to total Flexi-Fund equity. As of 2013, members’ equity stood at P391.86 million with the maximum AIB amount of P57,098 credited to a member’s account. “We encourage our OFW Flexi-Fund members to keep their savings intact to maximize the returns on their investments. They will get higher earnings in interest and AIB amount if they save more,” See said. Launched in 2001, the Flexi-Fund program is a voluntary provident fund and pension-plan scheme offered exclusively to OFW members. It allows OFW members to build up additional funds, which they may use upon retirement or to supplement their benefits under the regular SSS program. OFW members paying the maximum contribution amount, which is currently P1,760, are qualified to join the program. Any amount, not less than P200, paid in excess of the required P1,760 is automatically credited as Flexi-Fund savings. O verseas Filipino Workers (OFWs) will have easier means to benefit from the programs and services of the Social Security System (SSS) with the launching of the newly created OFW Contact Center Unit (OFW-CSU), starting October this year. SSS Senior Vice President and International Operations Division Head Judy Frances A. See said the new unit will handle direct contact points for OFWs to allow for a more differentiated servicing and faster resolution of their SSS concerns. For its initial operations, the OFW-CSU will provide dedicated e-mail support and local call services from 6:00 am to 10:00 pm on weekdays. In addition, a special assistance desk will be available at the SSS main office in Diliman, Quezon City for walk-in transactions of OFWs, such as registration and issuance of SS numbers, enrollment in Flexi-fund Program, and verification of SSS records. It will also provide OFW members assistance in filing their loans, benefit claims and other SSS applications. “We understand the unique circumstances of our Kababayan abroad, and so we continue to find ways to make the SSS more accessible to them. The creation of a specialized contact unit for OFWs will enable us to identify their distinct needs and address them accordingly. It will also help us manage the level of transactions with other member service facilities more effectively,” See explained. OFWs and their families in the Philippines can reach the OFW-CSU by e-mail at [email protected] or through their service hotlines, (02) 3647796 and (02) 374-7798. See added that additional channels and service facilities have been lined up for implementation to fully complement the unit’s operations. “We will open international toll-free numbers so OFWs across the globe can call us without having charges on their end. OFW-CSU’s operating hours will also be extended to 24/7 once the required systems are in place,” See said. Other services that will be rolled out soon include online contact points that utilize VoIP and instant messaging platforms. “This is still part of our campaign to reach out to Filipino workers here and abroad and ensure their continuing coverage under the SSS. We want not only to increase SSS membership of OFWs but also to ensure active membership. Considering the voluntary nature of their coverage, we can only achieve both by giving them a consistent good experience with our services,” See said. The SSS reported a total of 983,262 OFW members as of June 2014. Based on the 2013 POEA Compendium of OFW Statistics, more than 1.8-million OFWs were deployed in 2013, of which 464,888 were new hires. SSS Media Affairs Department 7th floor, SSS Building, East Ave., Diliman, Quezon City 9206401 loc. 5052-5055, 5058  25