TIM eMagazine Vol.3 Issue 8
SSS extends monthly
contribution deadline for
2018 until Jan. 2, 2019
S
tate-run Social Security
System (SSS) on Tuesday
said it extended the
payment deadline for
contribution payments for
January to December 2018
for SSS members except
Overseas Filipino Workers (OFWs)-
members.
SSS President and Chief Executive Officer Emmanuel F. Dooc said
the Social Security Commission (SSC), the policy-making body of
the pension fund, through SSC Resolution No. 728.s-2018 dated
September 12, revised the deadline for the payment of contributions
for 2018.
“We have decided to adjust the payment deadline for our
employers and individual members to accommodate those who
are willing to pay their monthly premiums to SSS but were slightly
affected by the birth pains of the pilot implementation of the Real-
Time Processing of Contributions (RTPC) program, which requires
them to update their information with SSS and generate a unique
payment reference number (PRN) before paying their premiums,”
Dooc said.
Dooc clarified, however, that the new payment deadline does not
apply to OFW-members, who can pay their January to December
contributions any time within the same year and their contributions
for the last quarter until January 31 of the following year.
Based on SSS Circular 2018-022, the deadline of payment of
contributions for regular employers is revised from the current
schedule, which is based on the 10th digit of the 13-digit SSS
number of the employer, to the end of the month following
the applicable month. For example, an employer must pay the
contributions of its employees for the month of October 2018
by the end of November 2018.
On the other hand, household employers and individual
members have until the end of the year to pay their monthly
contributions. Since the last day of December 2018 is a non-
working holiday, the payment deadline will be on January 2, 2019.
Further, contributions for the fourth quarter of 2018 may also be
paid on or before January 31, 2019.
“We hope that with the revised payment deadlines, self-
employed voluntary members will be able to pay their contributions
accordingly. We are also expecting that regular and household
employers will have no excuse for settling their obligations to SSS on
time,” Dooc said.
Dooc further reminded members and employers that in case of
advance payments, only the contributions to the months prior to
any contingency entitling the member or his beneficiary to any
benefit from the SSS shall be considered in the computation of such
benefit, while the rest shall be refunded in case of a final claim or
credited to his future accounts, in accordance with the existing rules.
He also advised members and employers that while necessary
enhancements to the application system for the revised payment
deadline is still on-going, they may go to any Automated Tellering
System (ATS) in SSS branches nationwide for payment transactions.
Under the Real-Time Processing of Contributions (RTPC) program,
a member needs to present his or her PRN before paying so that
their contributions will be posted real-time, thus, allowing them to
avail of their benefits and privileges on time.
SSS members can generate their PRNs in three ways: (1) thru their
My.SSS online account found in the agency website, (2) thru the PRN
inquiry facility of the collection partners of SSS, or (3) thru any of the
SSS branches nationwide. Once paid using the PRN, contribution
payments of the members will be posted instantaneously and
they will receive notifications via SMS that their contributions have
been posted.
SSS earlier announced that it will accept contribution payments
even without a PRN but only on exception basis, heeding to
the sentiment that not all members have access to the internet
to get their PRNs. The SSS will request for the mobile numbers of
members paying without PRNs to update their contact information
in the SSS database. These members will then receive their
PRNs for the next payment schedule through the registered or
updated mobile numbers.
www.sss.gov.ph
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