SSS extends contribution payment deadline to June 30
Marje Pelayo • June 15, 2020 • 1937
MANILA, Philippines — The Social Security System (SSS) is extending its contribution payment deadline to June 30 to accommodate more members who wish to settle their dues.
The deadline was supposed to be Monday (June 15).
Regular employers may proceed to remit their employees’ contribution covering the months of February, March and April.
Meanwhile, household employers, voluntary, self-employed and non-working spouse members may remit their pending contributions for the first quarter of 2020.
The SSS main office in Diliman, Quezon City expressed concern over the influx of members going to their branches which resulted in a breach of government-imposed health protocols such as physical distancing.
MANILA, Philippines – The Social Security System (SSS) has so far approved P15.63 billion in novel coronavirus disease (COVID-19) calamity assistance loans, as of July 28, the Department of Finance (DOF) said Tuesday.
The SSS also approved P190.02 million in unemployment insurance benefits from July 1 to 27 this year, to tide over members heavily hit by the pandemic’s economic fallout, the DOF added.
According to SSS President and CEO Aurora Cruz Ignacio, they have approved more than one million applications for its Calamity Loan Assistance Package (CLAP) for the COVID-19 outbreak since its online filing was launched last June 15.
Ignacio said the Calamity Loan for COVID-19 will run for a period of three months starting June until September 14, 2020 only.
Online application for the loan is now mandatory, she added.
The calamity loan for COVID-19 carries a six percent interest per annum commencing on the 4th month with a 27-month term, inclusive of a three-month moratorium.
The SSS said members who are involuntary separated from work can avail of unemployment insurance equivalent to a half of their average monthly salary credit for a maximum of two months.
To qualify, they should have paid the requisite minimum number of monthly contributions for three years, twelve of which should have been made in the eighteen-month period immediately preceding the month of involuntary separation.
MANILA, Philippines – The Social Security System (SSS) is now accepting applications from members who wish to apply for loan under the COVID-19 Calamity Loan Assistance Program.
The agency said a member may loan up to P20,000 depending on his or her monthly salary credit in the past 12 months.
The SSS specified that to qualify, the applicant must have remitted his or her contributions in the past 36 months, with a local address in the Philippines and has no existing obligations with SSS particularly under the loan restructuring program or previous calamity loan programs.
However, those who already have received permanent disability and retirement benefits are not qualified to apply.
Once approved, members may claim the loaned amount through the Unified Multipurpose Identification card, the Union Bank of the Philippines Quick Card or in a form of check which will be sent to the applicant’s billing address.
Application runs until September 14, 2020.
This is SSS’ way of helping its members who are affected by the current coronavirus disease (COVID-19) pandemic which has impacted the country more than any other calamity in the past.
Out of consideration for its members, the SSS extended the loan payment period to 27 months and lowered the interest rate to 6% as compared to the 24 months-10% interest of the previous calamity loans.
The SSS said it can accommodate up to 1.74 million member-applicants for the calamity loan.
MANILA, Philippines – Members of the Social Security System (SSS) still have until Monday (June 15) to remit their pending contributions for the months of February, March, and April.
SSS Branch in Diliman, Quezon City can only accommodate up to 250 individuals in compliance with health protocols, specifically physical distancing measures being imposed by the government amid the prevailing risk of coronavirus disease (COVID-19) infection.
The agency seeks understanding from members as it only operates on limited manpower.
“Ang gusto po natin ma-minimize ang overcrowding sa ating mga SSS office, [We want to minimize overcrowding in SSS offices],” said SSS Media Affairs Team Head Cecil Mercado.
“Ang ating workforce ay hindi pa fully implemented so hati-hati kami ng schedule [Our workforce is not yet fully implemented so we divide our schedule],” she added.
Members have the option to process their transactions online.
But some still opted to go to SSS branches, such as in Diliman, because of specific concerns that cannot be processed online.
“Nag-try ako kaya lang dito ako pinapunta kasi dito na raw sa main (office) ang transakyon ng reklamo ko [I tried but I was directed here to transact my complaint],” Manuel Albarido said.
“Hindi raw kasi sila nag-generate ng mga lumang payment form na ganto so kailangan mo siyang i-direct, ima-manual mo [They do not generate an old payment form so I need to submit it directly and manually], ” noted another member, Carlo Mcdon.
“Hindi ako marunong mag-online [I don’t know how to do it online],” claimed Rosie Amparo.
Aside from remittance of contributions, SSS has also opened its services to those who wish to apply for pension and other benefits. —MNP (with reports from Rey Pelayo)
UNTV is a major TV broadcast network with 24-hour programming. An Ultra High Frequency station with strong brand content that appeal to everyone, UNTV is one of the most trusted and successful Philippine networks that guarantees wholesome and quality viewing experience.