SSS contribution payment deadline extended until Dec. 1

State-run Social Security System (SSS) has further extended its contribution payment deadline until December 1, to give employers and members more time to settle their overdue contributions in the past months this year.

Photo credit: techpilipinas.com

SSS said in an earlier statement that the newest payment deadline was originally November 30 as approved by the Social Security Commission (SSC) but since it fell on a holiday (Bonifacio Day), the remittances will be accepted until the next working day.

SSS moved the contribution payment deadline several times in consideration of the quarantine movement restrictions.

The extended cut-off date will cover workers’ dues from February to October if these were yet to be paid by their employers.

Also, the new deadline applies to employers with SSS-approved installment proposals who needed to deposit their post-dated checks falling due between March and October.

Employers currently shoulder two-thirds of the 12-percent monthly contribution rate, while the rest were being deducted from employees’ salaries.

Contribution payments of employers for the said applicable periods would not incur penalties if paid within the deadline,

the SSS said.

Contribution payments from January to September 2020 of self-employed, voluntary, and non-working spouse (SE/VM/NWS) members and household employers for their employees may also be paid until the new deadline.

The SSS reminded its self-employed, voluntary, and non-working spouse members that “no contributions paid retroactively will be used in determining their eligibility for any benefit claim wherein the date of payment falls within or after the semester of contingency.”

SSS President and CEO Aurora C. Ignacio said the extension is also aligned with the Republic Act No. 11494 or the Bayanihan to Recover as One Act.

Ignacio urged SSS-covered employers and members not to wait for the last day to settle their SSS contributions as the extension would give them ample time to pay.

Apart from over-the-counter payment facilities, our bank partners and we have online platforms where employers and members can make their SSS payments in the convenience and safety of their homes or offices,

 she added.

The list of SSS collecting partners is posted on the SSS Facebook page at https://bit.ly/3nKtIcq