SSS ex­tends monthly con­tri­bu­tion dead­line for 2018 un­til Jan. 2, 2019

Watchmen Daily Journal - - Community -

State-run So­cial Se­cu­rity Sys­tem (SSS) re­cently 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.s2018 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.

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 on­go­ing, 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.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.