The Social Security System (SSS) assures its pensioners the additional P1,000 benefit is ready for release as soon the written order from Malacañang is received by the agency.
SSS President and Chief Executive Officer Emmanuel F. Dooc said the SSS already made the necessary arrangements with the depository banks, and has adjusted its IT system given the recomputed monthly pensions.
“The SSS has already prepared everything and we are ready to deposit the additional benefit to the pensioners’ accounts. We just need to wait for the signed order which will give us the full authority to implement the additional benefit,” said Dooc.
As a government entity, any action by the SSS must have legal basis.
SSS has earlier warned delinquent employers of possible arrest
“You can run, but you cannot hide,” Chairman Dean Amado Valdez of the Social Security System (SSS) said before the Rotary Club of Makati West as he released the list of the first batch of delinquent employers with convictions based on decision of various Regional Trial Courts.
“The courts have already issued final and executory decisions on these companies for violation of the SS Law. Some have already made partial payments but discontinued payment of the remaining balance while others are still at large and have not paid their obligations,” said Dean Amado D. Valdez.
Included in the list of the first batch of companies with court convictions due to violation of the SS Law are: NIDF Corporation, Information Technology Solutions Int’l. Inc., Caps & Crown Enterprises, Stanley Fine Furniture, Niovis Shipping Co., FVA Manpower Training Center and Services, GDS Security Investigation Agency, Dr. Joel Mendez, and Holy Cross Learning School of Nabua, Inc.
“We will continue to release names of convicted delinquent employers to seek the assistance of the public to locate them so that they could be held accountable by the courts. This should also serve as a warning that SSS will not stop until they pay what is due our members,” warned Dean Valdez.
The release of the list of delinquent employers is part of the crackdown being undertaken by the SSS to remind companies of their obligation to the agency as well as to warn them that SSS will not stop until there is full compliance of the law.
Aside from naming convicted delinquent employers, the SSS together with the Philippine National Police (PNP) has also started serving warrants of arrest to erring employers last month.