Sep 24, 2020

SSS contribution rate hike to commence April 1

The local office of the Social Security System (SSS) is reminding Palaweños that the implementation of the 12 percent increase in the contribution rate is effective April 1.

SSS Palawan corporate executive officer Abdul Abirin said alongside the hike from last year’s 11 percent is the opportunity for members to enjoy better retirement benefits under the new charter of the social insurance program.

He said the minimum and maximum monthly salary credits (MSCs) will also level up from P1,000 to P2,000 and P16,000 to P20,000 based on Republic Act (RA) No. 11199 or the Social Security Act of 2018.

“One percent lang naman ang increase so kung dati 11 percent ngayon magiging 12 percent na. Marami kasing members ang nagtatanong na bakit maliit lang ang pension ng SSS so ang isa sa reason natin kaya tinaasan ang contribution para pagdating ng araw mataas din ang effect niya. Hindi tayo nag-increase para pahirapan ang mga members pero para mas malaking benepisyo ang matatanggap nila,” Abirin said.

SSS members who made payments in advance will have to visit their office after March because the effect of the hike will mark their records as “underpaid.”

The visit to their office is needed so confusion will be avoided.

“Para naman doon sa mga nag-advance payment, magkakaroon ‘yan ng effect na underpayment kasi ‘yong posting natin is monthly basis,” he added.

Meanwhile, Abirin said their branch in the province is proud to continuously surpass its target collection due to the cooperation of contributors and business establishments.

He said they are trying their best to improve and develop their payment facilities to avoid inconveniencing members, especially the self-employed.

“Dito naman sa branch natin sa Palawan na su-surpass natin ang target na binigay. Nagpapakita lang na maganda ang performance at cooperation ng ating mga contributors dito. Isa ‘yan sa maganda dito sa Palawan, maraming gustong maghulog ng SSS lalo na sa malalayo pero ang isa sa problema na nakikita natin ay ng ating mga payment facilities. Sa ngayon kasi ‘yong mga bangko natin ina-upgrade pa ang compliance nila sa Payment Reference Number (PRN) real time posting kung saan pagbayad mo automatic posted na,” he explained.

Abirin also warned the members of SSS to beware of fixers and scammers and people using their name for transactions outside their premises.

“Para sa kaalaman ng lahat wala po kaming ina-authorize na ibang tao para mangolekta kung meron man pong gumagamit ng name ng SSS na nalalaman sila i-report nila sa amin para magawan namin ng aksyon at maputol ang ganoong gawain,” he said

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