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NewsTranscript
00:00The Social Security System, or SSS, clarified that they have reduced the amount of premium contribution they haven't collected from employers.
00:11The SSS President and CEO, Robert Joseph DeClaro, said that it has decreased to Php 46 billion as of October 2024.
00:21That's from the Php 89 billion in 2023 that was collected by the Commission on Audit.
00:29They continue to pursue employers who do not remit SSS contributions from their employees.
00:37The SSS also reduced the last tranche of additional contributions that will be implemented this year in accordance with the law.
00:47No new additional contributions will be seen in the coming years.
00:54It will be more difficult for our Filipino workers if we suspend or delay this.
01:01Because the money that the SSS will receive will be used to improve our benefits in the future.
01:23you