Impose stricter penalties for companies neglecting monthly premium of employees, Sotto urged

The Social Security System (SSS) should impose stricter penalties on companies who fail to remit the monthly premium of their employees, Senator Vicente Sotto III urged.

“Itaas natin ang penalties at pilitin nating singilin ang mga companies na hindi nagreremit,” Sotto told reporters in a text message.

Sotto issued the statement a day before the commemoration of the Labor Day and following the recent announcement by SSS of the companies who fail to remit contributions of their workers.

“SSS ang dapat magpursigi. Parang basketball yan, kung gusto mong manalo, huwag mong hintayin bumagsak ang bola sa iyo, sugurin mo,” Sotto furthered.

Sotto also asked the SSS to give an “amnesty period” for the companies to “clean their records.”

Late last month, the SSS has declared that it would start issuing warrants of distraint, levy, and garnishment to delinquent companies to seize their personal and real properties.

This is in line with the mandate of the said agency under the Section 22 of Republic Act 8282, also known as the Social Security Act of 1997.

The SSS also said that they are eyeing to collect PhP 5 billion on revenues from 7,000 non-compliant companies.