SSS extends payment deadline to June 1
The Social Security System is extending the deadline for the payment of monthly contributions of its members and employers until June 1, 2020.
SSS President and Chief Executive Officer Aurora C. Ignacio said SSS made the decision after the President placed the entire country under a state of calamity due to the coronavirus disease 2019.
“For self-employed, voluntary, and non-working spouse members, they can pay their contributions for January, February and March 2020, or the first quarter of 2020 until June 1, 2020. On the other hand, regular and household employers have until June 1, 2020 to pay for their employees’ contributions from February to April May 2020 without incurring any penalties,” Ignacio said.
Employers with approved installment proposals under the Contribution Penalty Condonation Program must deposit their post-dated checks due in February, March, April, and May 2020 on June 1, 2020.
Ignacio added that contributions paid retroactively by self-employed, voluntary, and non-working spouse members will not be used as eligibility for any benefit claim if the payment date falls within or after the semester of contingency.
The Social Security Commission, the highest policymaking body of the SSS, revised the deadline for the payment of contributions for the said applicable months in response to the restraint in the movement of the public, limited operations of some banks, and skeleton workforces in SSS branches.
“We recognize the difficulty encountered by our members and employers in paying SSS contributions since tellering services in SSS branches are suspended, and some banks are implementing limited operations. Thus, we have decided to extend the payment deadlines for SSS contributions for the mutual protection of our members and personnel,” Ignacio said.
Ignacio also reminded employers that the payment deadline for April 2020 should again follow the regular payment schedule. For self-employed, voluntary, and non-working spouse members, the payment deadline for the applicable months or quarters after March 2020 shall follow the regular payment schedule.
SSS also urged members and employers to use alternative online and mobile payment facilities in paying SSS contributions. Individual paying members can pay their contributions using the Bayad Center mobile app, Moneygment through My.SSS, and PayMaya through the SSS Mobile App.
Members can also pay their contributions using the Internet banking facility of the Security Bank as long as they have an existing deposit account with the bank.
Regular and household employers can pay SSS contributions through the following bank web facilities: BPI Bizlink, Security Bank Corporation DigiBanker, and UnionBank OneHUB. Employers can also pay their SSS obligations using the eGov BancNet Online.
Online payment facilities include the following banks: Asia United Bank, Bank of Commerce, China Bank, CTBC Bank, Metropolitan Bank and Trust Company, MUFG Bank, Philippine Bank of Communication, Rizal Commercial Banking Corporation, Robinsons Bank, and Standard Chartered. Employers must have an existing account with any of these banks to use their online services.
“We urge the public to follow the instruction of the national government and stay at home until the quarantine period is over. Don’t worry about the deadlines of your contribution payments. Payment schedules have been extended for you and your family’s safety,” Ignacio said.
The extension of contribution payment deadlines is part of SSS’ assistance package to help members and pensioners affected by the health crisis brought by the Covid-19. – Press release