2010 Social Security Condonation Program for Delinquent Employers – Good news for all delinquent employers. Here’s again a great opportunity to have their penalties condoned, pay in full or installment their SSS contribution delinquencies! They can start to apply now in the Social Security Condonation Program until July 31, 2010.
What is Condonation Program?
The Condonation Program waives penalties on delinquent contributions fully settled prior to February 1, 2010 or paid in cash or through an approved installment proposal until July 31,2010.
Who may avail of this condonation?
* Employers who are delinquent in the payment of their contributions including those with pending cases involving of contributions and/or penalties before the Social Security Commission, the courts or the Office of the Prosecutor.
* Employers who are not yet registered with the SSS.
* Employers with pending or approved proposal under the Installment Payment Scheme of the SSS.
* Employers with pending or approved application under the Program for Acceptance of Properties offered through Dacion En Pago of the SSS.
* Employers against whom judgement had been rendered either by the Social Security Commission or the courts but have not yet complied with the judgement.
* Employers who settled all contributions before February 1, 2010 but with accrued penalty.
What are the conditions?
* The employer must pay or remit the full amount of the delinquent contributions or submit a proposal to pay the same in installment within six (6) months from February 1, 2010 or not later than July 31, 2010 through any SSS Branch with tellering facility or authorized collection agent of the SSS.
* The proposal must be accompanied by the corresponding collection list (SSS Form R-3).
What happens if employer fails to pay the delinquent contributions or defaults in the installment scheme?
* In case the employer fails to remit in full the required delinquent contributions or defaults in the payment of any installment under the proposal within the period therein, the penalties are reimposed from the time the contributions first became due, to accrue until the delinquent account is paid in full.
Are there any limitations to this condonation?
* The condonation program shall apply only to penalties on unremitted or delinquent contributions due on or before 1 February 2010. Penalties on contributions falling due thereafter shall be settled as prescribed by law.
For more inquiries, visit SSS Servicing Branch or call tel. Nos.920-6446 to 55. Website: http://www.sss.gov.ph
when employers are not remitting contribution, employees cannot file for loan until the contribution has been posted. My employer, Stream Global Services has still not posted my contribution since March 2010. I get salary deductions and my payslip shows it. Until my employer settles, I will not get my loan approved and so is the rest of the Stream employees all over the country.
when employers are not remitting contribution, employees cannot file for loan until the contribution has been posted. My employer, Paperless Trail had not posted my contribution since 2005. I got salary deductions and my payslip showed it. I resigned more than a year ago but nothing happened. Until my employer settles, I will not get my loan approved and so is the rest of the PTI employees.