QUEZON CITY -- The Social Security System (SSS) asserted that it is aggressively pursuing delinquent employers nationwide and vows to intensify further its efforts to collect their unremitted contributions.
SSS President and Chief Executive Officer Rolando Ledesma Macasaet made the statement to assure all SSS members of its commitment to pursue delinquent employers and to urge all employers to comply with their obligations of religiously remitting the social security contributions of their employees.
“Each employer is assigned to a specific SSS Account Officer (AO) whose responsibility is to ensure employers’ compliance to Republic Act 11199 or the Social Security Act of 2018, such as registration and reporting of their employees and remittance of corresponding contributions to SSS,” Macasaet explained.
He added that Statements of Account (SOAs) are prepared regularly, which leads to the conduct of payroll audits whenever discrepancies are discovered. Billing letters are then sent to the employers who are obliged to settle as soon as possible or within the payment deadline.
Errant employers will receive a demand letter from SSS which could lead to the filing of a case assuming the persistent non-compliance by the employer.
SSS intensified its Run After Contribution Evaders (RACE) campaigns, which aim to compel delinquent employers to comply with the law by issuing a Notice of Violation and instructing them to report to SSS within 15 days or face legal consequences.
“Even though we are aggressively pursuing delinquent employers, we still offer them some relief through our contribution penalty condonation programs for their consideration so that penalties may be waived if they are deemed eligible,” he said.
“SSS is also continuously reconciling and updating its records since we discover that several employers sometimes neglect to update the list of their employees in the SSS records resulting in overstated SOAs being issued by SSS,” Macasaet said.
SSS issues hundreds of thousands of SOAs and billing letters, which have to be later classified depending on actions taken by SSS and/or the concerned employer.
SSS regularly coordinates with state auditors toward fairness in the presentation of financial statements as well as in assessing compliance with pertinent laws, rules, regulations, and policies or procedures. State auditors’ observations, recommendations, and reports help drive continuous efforts to improve SSS operations.
Meanwhile, Macasaet ensures stakeholders that SSS is financially capable of continuously paying benefits and granting loans to its members and pensioners as its cash flows remain healthy, with revenues outpacing expenditures. (SSS)