The Social Security System (SSS) has conducted simultaneous Run After Contribution Evaders (RACE) operations in 108 selected areas nationwide today to call on non-compliant employers to settle their contribution delinquencies.
“We will be issuing notices to business employers around the country who neglect their legal obligations of paying their employer and employees’ share in the contributions because it deprives them of the social security benefits they truly deserve,” SSS president and CEO Rolando Macasaet said.
After receiving the show cause orders, he said SSS gives delinquent employers 15 days to coordinate with their respective servicing SSS branch office and settle their contribution delinquencies.
Under the SS Act, employers who fail to register their employees or have not deducted and remitted their contributions will be penalized with a fine of P5,000 to P20,000 and face imprisonment ranging from six years and one day to 12 years.
“We appeal to all employers to be considerate to their employees by reporting them to SSS and regularly remitting their monthly contributions so they can be protected by receiving social security benefits in times of various contingencies,” Macasaet said.
He urged them to settle their delinquencies by availing of the contribution penalty condonation programs offered by SSS that will allow them to pay the unremitted contributions less the accrued penalties.
