No. of :

No. of Shares:

Currently viewed by: Marcus Rosit

RACE drive to hasten biz owners SSS contribution settlements

ILOILO CITY (PIA) -- A simultaneous Run After Contributions Evaders (RACE) operation was conducted to hasten the prevailing settlement issues of some business owners and employers in the region.

Led by the Social Security System (SSS) RACE team, some employers/ business owners identified to have problems with the payment of their employees’ contributions were reminded of their obligations and instructed with ways to settle their accounts in their respective SSS branches through the issuance of Show Cause Order.

Two RACE teams conducted the operations here on Nov. 25. through the lead of acting head for Visayas SSS West 2 Division Angelo O. Blancaver and its Operations Legal Department manager lawyer Bernardo B. Dofitas Jr.

Composing the RACE team are the branch managers and staff of SSS West 2 Division.

The Iloilo Central Branch was headed by Eva J. Cura while the Iloilo Molo Branch was led by its acting branch head Leo D. Santillan.

According to Blancaver, RACE was devised and has been carried out since the last three years, mainly to raise awareness among the employers and advise them to reconcile all the unsettled SSS contributions of their employees in the office as part of their obligation.

“RACE has been done for three years already and in fact for this year, we have already conducted ten operations. This serves as a reminder to employers regarding their obligations to consistently pay the contribution for their employees,” Blancaver noted.

He said the updated payment of their contributions will render the workers qualified to avail the benefits of SSS, particularly those who belong in the private sector workforce.

“We are protecting the interest of the employees from the hazards of contingencies such as loss of income, old age, sickness, maternity, and death. That is precisely the reason why we are conducting RACE,” stressed Blancaver.

Likewise, in line with the RACE program, SSS suggests other ways and convenient options for employers to settle their delinquencies through their condonation program.

“We currently have a condonation program to help the employers where they can also pay their delinquencies on installment basis, considering that we are still dealing with the effects of the pandemic,” Blancaver noted.

The condonation program allows member-borrowers to settle their delin-

quent loans on much lighter payment terms where all outstanding principal and interest components of the loans are consolidated into one new consolidated restructured loan that can be paid at one time or in installments. (JBG/AGP/PIA 6)

About the Author

April Grace Padilla

Information Officer II

Region 6

Feedback / Comment

Get in touch