BOCAUE, Bulacan–The Social Security System (SSS) offered the Pandemic Relief and Restructuring Program (PRRP 3) to delinquent employers through the conduct of Run After Contributions Evaders (RACE) Operations on July 18.
The SSS RACE Team issued written notice orders to six delinquent employers who failed to remit contributions of their employees as mandated by Republic Act 11199 or Social Security Act of 2018.
“We are pleased that these employers were relieved upon knowing that they could still pay their employees’ contributions through PRRP 3 without incurring additional costs. They are expected to comply within 15 days to settle their delinquency amounting to P1.1 million,” SSS Vice President for Luzon Central 2 Division Gloria Corazon M. Andrada said.
The PRRP 3 or Enhanced Installment Payment Program allows qualified employers to settle their past-due Social Security (SS) and Employee’s Compensation (EC) contributions through installment terms ranging from nine to 60 months, depending on the total amount of delinquency. Applications will be accepted until November 22, 2022. Additional information about PRRP 3 can be accessed at https://bit.ly/3k3VAaI.
“This is our sixth RACE Operation in Luzon Central 2 Division. It has been an effective campaign in extending assistance to identified delinquent employers through offering flexible payment terms. In fact, four out of six employers who were subjected to RACE operations in Baliuag have already settled their obligations while two of them are ongoing reconciliation. We hope that SSS can receive the same response from our employers here in Bocaue,” Andrada added.
Andrada also advised members to check their contribution and loan records on a regular basis through the My.SSS Portal to ensure their employers’ accurate and timely remittance of contribution and loan amortization.
“Members who find contribution or loan payment gaps in their records may get in touch with the nearest branch and they will be assisted by the assigned Account Officer. With the existing programs and campaigns in place, we hope that the employees from the private sector find relief knowing that SSS is working closely with the employers to update their contribution payments to enable them to avail of benefits in times of contingencies such as unemployment, sickness, maternity, disability, retirement or death,” Andrada concluded.