SSS extends deadline for paying obligations

STATE pension fund Social Security System (SSS) on tuesday announced it has extended the deadline of contribution payments until June 15 to give members and employers more time to pay given that business activities just recently resumed.

in a statement, SSS said the new extension covers contribution payments of all household employers, self-employed, voluntary and nonworking spouse members for the first quarter of 2020 and contribution payments of all regular employers for February, March and april 2020.

employers with approved installment proposals under the contribution penalty condonation program are also given until June 15 to deposit their post-dated checks due on February, March, april and May this year. Despite the extension, SSS president and Ceo aurora C. ignacio encourages members and employers to pay before June 15.

ignacio also urged them to use online and mobile payment facilities aside from over-the-counter transactions through SSS branches and its bank and nonbank partners.

According to ignacio, regular employers can also pay through banks’ web facilities. Household employers, on the other hand, can pay through Digibanker of the Security Bank Corp.

However, the SSS said no contributions paid retroactively by a self-employed, voluntary, or nonworking spouse member will be used in determining his/her eligibility for any benefit arising from a contingency wherein the date of payment is within or after the semester of contingency.

Payment deadlines of employers for applicable months after april 2020 and payment deadlines of self-employed, voluntary and nonworking spouse members for the applicable months after april 2020 or quarters after the quarter ending 31 March 2020 will follow the regular payment schedule.

Transacting members and employers are also reminded to follow the guidelines issued by the government to reduce the risk of exposure to Covid-19.