July 19, 2024
ADDRESSING STAKEHOLDERS’ CONCERNS — Social Security System President and Chief Executive Officer Rolando Ledesma Macasaet addresses the concerns raised by a participant in the recently concluded the stakeholders’ forum in Baguio City. — SSS photo

Six employers from various towns in Abra were visited by Social Security System Bangued and North Luzon 1 Division officials to remind them on the settlement of their unremitted past-due contributions to the SSS.

The employers failed to remit the SSS contributions of their 34 employees from 2002 to 2022 with combined principal and accrued penalties of P3.4 million.

SSS offered the contribution penalty condonation program wherein the accumulated penalties will be waived once the principal and interest are completely settled.

Payment terms available are one-time payment or installment up to 48 months, depending on the delinquency amount.

Failure to settle their delinquencies may result in further legal implications against the employers.

Under Republic Act 11199 or the Social Security Act of 2018, an employer who fails to remit SSS contribution may be subjected to a penalty of imprisonment from six to 12 years and payment of fine of not less than P5,000 or more than P20,000.

The surprise visit, conducted few days before the Labor Day celebration, was part of the simultaneous and nationwide conduct of Run After Contribution Evaders campaign held last April 28. – Press release