The Social
Security System (SSS) issued SSS Circular No. 2012-008 dated 23 March 2012, laying
down the following guidelines concerning the payments of sickness and maternity
benefits through SSS-accredited banks:
1. All
employers shall be required to enroll in the program at any of the SSS-accredited
banks or at their SSS servicing branch. Existing savings or current accounts
may be enrolled in the program.
2. The
signatory in the enrollment form shall be the authorized bank account signatory
as designated by the employer or the company’s Board of Directors.
3. All
sickness and maternity benefit reimbursements shall be remitted by the SSS to
the employer’s designated bank, which in turn shall be credited to their enrolled
savings or current account.
4. The SSS
shall notify the employer through a Payment Advice each time a payment to their
bank account is made.
The
Circular supersedes Circular 8-P dated 20 September 2002.
Outsourcing
Brief – July 2012
Punongbayan
and Araullo
anong valid reason for exemptions?
TumugonBurahinbakit ganun, ang tagal ng maternity ko, June 9 ko narecieve ang Payment advice but til now wala pa din sa account ng employer ko....
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