THE chairman of the House Committee on Labor and Employment on Sunday urged employers who failed to remit their employees’ social security contributions to fulfill their obligations. The panel chairman, Rizal 4th District Rep. Juan Fidel Felipe F. Nograles, issued his appeal after the Commission on Audit (COA) revealed that…
THE chairman of the House Committee on Labor and Employment on Sunday urged employers who failed to remit their employees’ social security contributions to fulfill their obligations.
Citing COA’s audit report issued last month, Nograles said the SSS was only able to collect P2.48 billion, or less than three percent, of its P94.97-billion target for 2022. The Visayas’s collection percentage was at P305.54 million out of P6.48 billion and Mindanao at P405.8 million out of P7.33 billion , the lawmaker noted. Nograles emphasized that the uncollected premiums are crucial in ensuring the SSS’s ability to uphold its duty of providing social security protection.
Nograles’s statement comes five months after the Employers Compensation Commission lowered the penalty for delinquent SSS and Government Service Insurance contributors.