SSS Gives Message for Members Over Monthly Contribution
SSS – The Social Security System is encouraging its members to pay for the monthly contribution online.
The Social Security System is one of the biggest social insurance institutions in the Philippines. Most of its members are working in the private sector or companies around the nation.
Members of the said social insurance institution remit a part of their salary monthly as contribution. The membership entitles them to several benefits and loan offers.
The employers of the members may pay for a part of the monthly contribution. Aside from employees, self-employed individuals may also apply for membership.
Amid the COVID-19 pandemic that placed a huge fight in front of over 200 nations and territories including the Philippines, the deadline for the SSS monthly contribution was moved to June 30.
Undeniably, a lot of people temporarily lost their source of income amid the implementation of community quarantine measures. Several non-essential businesses stopped their operation thus no-work-no-pay employees received lower, if none, monthly salaries.
Recently, an update from SSS crossed the surface. Based on a report on ABS-CBN News, the social insurance institution is encouraging its members to pay the monthly contribution online.
According to Social Security System Public Affairs and Events acting head Fernando Nicolas, using the online payment facilities can help avoid long lines in banks and branches of the institution.
Based on the report, members who got their phone numbers registered to the social insurance institution may receive a payment reference number monthly. A member may also obtain it from the SSS website.
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