The Social Security System (SSS) is offering the Pandemic Relief and Restructuring Program (PRRP) to local employers who are struggling to recover from economic losses due to the health pandemic.
Ma. Salvacion Alam, SSS Mindanao West Division acting vice president, said Monday there are two restructuring programs – the Condonation of Penalties on Social Security (SS) contributions or the PRRP-2, and the Enhanced Installment Payment Program or PRRP-3 to help struggling employers.
PRRP-2 aims to assist delinquent employers by condoning penalties imposed on unpaid SS contributions, thus, helping them resume their regular monthly remittance.
Qualified to avail of the PRRP-2 are those delinquent in the payment of SS contributions and penalties covering the applicable month of March 2020 and onwards, Alam said.
Meanwhile, Alam said employers who have incurred delinquencies before the pandemic and are incapable of paying their obligation in full may avail of the PRRP-3.
“Employers play a very important role in nation-building, and they cannot do so without their employees. We are offering them these programs to send a message that we have not neglected our employers, and we are looking into the welfare of our members,” she said in a statement.
SSS has identified 3,443 employers in the city who are struggling to fulfill their SSS obligations, particularly with the non-remittance of their employees’ SSS contributions and non-registration of their business, the SSS official said.
She said an SSS team recently visited at least six non-compliant employers to offer them the PRRP.
“We are promoting two of our relief programs to help employers get back in good standing so that their employees will not be deprived of social security benefits in the future,” she said.
The SSS official noted that some businesses went bankrupt due to the health pandemic while some are still recovering from economic losses in the last couple of years.
Source: Philippines News Agency
