Skip to main content

MONEY: SSS Sued Over 1000 Employers Last Year (2009)

The Philippine Social Security System (SSS) reported that they sued 1133 employers last year (2009) mostly due to failure to remit the contributions of their employees. Of the 1133 cases, 600 of them are in the National Capital Region (NCR). The number also includes employers who failed to submit company records or failed to register their businesses.




According to the original report, the unremitted contributions amount to 478.22 Million pesos including the penalties. This intensified legal action against delinquent employers is set to continue until this year 2010. The Social Security Act of 1997 penalizes employers who are delinquent in remitting their employees contributions. The penalty is imprisonment of six to 12 years with maximum fine of 20 000 pesos.


Amnesty Program
Meanwhile, SSS recently announced an amnesty program allowing delinquent employers to settle their long-overdue obligations without paying the penalties. They can pay in full or in installment basis. Installment basis has a maximum period of 48 months and an annual interest rate of 3%. SSS will also withdraw the cases they filed against them as long as they follow the terms of the amnesty program.


A Sad Truth
This recent report from SSS tells a sad truth. It shows the fact that many Filipino employees are abused by depriving them of statutory benefits like SSS. My advice to my fellow employees is to be vigilant when it comes to their contributions. Always check if your employer is remitting your hard-earned money. Securing our future is our own responsibility.

Link to the original article.

Comments

Popular posts from this blog

SCAM: My First Scam Text This Year; 850000 Pesos from GMA Kapuso Foundation

It's a brand new year for everyone, including local scammers. And despite all the efforts by PLDT and Globe Telecom to curb text message scammers, from time to time, they still creep out and show up in our inboxes. And as hard to believe as the messages of winning some great amounts of money is the fact that there are still people who believe them. I personally know someone and that scam text message triggered events that turn her life upside down. So my point is, we still need to be careful regarding these scam messages. The danger is real! So without further ado, here's the scam message I received a few days ago. On Sunday, January 7, 2018 at exactly 3:33PM (PH time), I received this message from a certain Atty. Jhon Acosta with phone number 09552962911 Congratulations! Ursim# Hadwon PHP850,000 From(GMA KAPUSO FOUNDATION) To Claim Send Ur (NAME/ADD/AGE) &Call Me Now Im Atty;JHON ACOSTA DTI#0391s2018 Thankyou,  Do Not Ever Reply Obviously, this is a

4 Steps to Replace Stolen or Lost Passbook

My passbook (inside my bag) was recently stolen inside a local grocery store, and I would like to share the steps I took to secure my account and get a new passbook.      By User:Aerous ", CC BY-SA 3.0 , Link The steps outlined here are for a BPI savings account, but generally, the procedure will be very similar to other banks in the Philippines. 1. Call the Bank to Secure Your Account The first and most crucial step you need to do immediately is to contact your bank by phone or personally report it to the branch where you opened the account. This action will ensure that funds will stay put. The bank will lock the account immediately. The big banks have 24/7 hotlines. For BPI, it's 889-100. You have to do this step ASAP after discovering the loss. 2. Go to the Branch to Ask for a Replacement of the Passbook It can mean a simple replacement of the lost passbook, but it can also mean closing the entire account and opening a new one for security purposes. 3. Get an Affidav

How Much Does a MRI Scan Costs in the Philippines?

My dad needs a Magnetic Resonance Imaging (MRI) scan for his prostate problem. I did a little research on how much does it cost to have one. Well, it depends on many factors, such as which body part is to be scanned. There's also this technique called "MRI with contrast," wherein the patient will be injected with a chemical to make the scan clearer. For your information, this technique of adding contrast is known as  Gadolinium Contrast Medium . It adds cost to the procedure, but with more clarity, the more you can trust the diagnosis. MRI Machine KasugaHuang , CC BY-SA 3.0 , Link So, in my father's case, we had a  Prostate MRI,  and I assume it was without contrast since he was never injected with the "contrast" chemicals. We got it in  i-Scan Healthcare Inc.  here in Quezon City. The cost is  13000 Pesos . Please take note that the amount was just for the scan, and a separate professional will read the result. Some laboratories offer this service (i.e