TIM eMagazine Vol.3 Issue 8
SSS, SSC heads meet PNP
NCRPO chief
Social Security Commission Chairperson Aurora
Cruz Ignacio (left) and Social Security System (SSS)
President and Chief Executive Officer Emmanuel
F. Dooc (right) met with Philippine National Police
(PNP) – National Capital Region Police Office
(NCRPO) Chief Police Director Guillermo Lorenzo
T. Eleazar (middle) during the latter's courtesy call
on the pension fund’s top officials. The SSS and
PNP have ongoing partnerships in serving warrants
of arrest to delinquent employers under the program
dubbed “Oplan Tokhang-SSS” and in posting of
show-cause orders under the Run After Contri-
bution Evaders (RACE) program.
Credits : www.sss.gov.ph
SSS offers additional
payment option for
delinquent employers
T
he Social Security System (SSS) offers an additional
payment scheme for qualified delinquent employers
who are experiencing financial difficulties in fulfilling
their outstanding obligations to the pension fund.
SSS President and Chief Executive Officer Emmanuel
F. Dooc said that delinquent employers who have
paid their principal obligations shall be entitled to
a one-year period within which they can defer the
payment of the penalty either in full or through
installment based on the assigned monthly
installment payment plan.
“As valuable partners of the pension fund, we want to help them
instead of giving much burden by providing lenient ways in paying their
financial obligations to SSS,” Dooc said.
Delinquent employers who are qualified for the additional settlement
option are those with outstanding obligation of at least P100,000
exclusive of penalty, with or without pending cases before the
Prosecutor’s Office, courts, and Social Security Commission (SSC), and
with or without subsisting approved settlement scheme.
“The additional payment option specifically caters to delinquent
employers who are currently experiencing financial difficulties due to
income losses, mismanagement or those who were greatly affected by
natural and man-made disasters,” Dooc added.
Under the SSS Circular No. 2018-008, employers who paid their
principal contributions in full or within a period not exceeding 90 days
from the approval of theapplication, shall be entitled to a one-year period
to defer the payment of their accrued penalties.
“If the employers failed to settle the principal amount within the 90-
day period, a three percent per month penalty shall be imposed on the
balance until the principal contribution is fully paid. That’s why it is crucial
for employers to strictly follow the additional guidelines to avoid penalty
accruals,” Dooc explained.
After paying the principal delinquency, employers can settle the total
penalty delinquency either in full or on a staggered basis in accordance
with the provisions of Circular No. 2011-002 or the Revised Guidelines in
the Installment Payment Scheme for Employers.
“A legal interest of 6 percent per annum shall be imposed on
the substituting penalty delinquency upon payment either in full or on
installment after the one-year deferment period,” Dooc added.
To apply for the new payment option, applicants should submit a letter
of request signifying their intention to pay in full their principal
delinquency based on the updated and consolidated Statement
of Account (SOA) issued by the concerned branch office (BO) or Large
Accounts Department (LAD), and duly-notarized promissory note or
Undertaking and Collection List for processing and review of BO/LAD. If it
is only the representative of the employer who will apply, he must secure
a Special Power of Attorney from his employer and submit it together
with the necessary documents.
www.sss.gov.ph
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