SSS Orders Five Pasay Employers to Settle P3.19 Million in Unpaid Contributions
What happened
The Social Security System ordered five employers in Pasay to settle P3.19 million in unpaid contributions. This amount includes P1.14 million in unpaid contributions and P2.05 million in fines for violating Republic Act 11199, the Social Security Act. The employers operate in sectors including management consultancy, restaurant, real estate, carwash, and gambling and betting activities.
From philstar.com
Why it matters
The action highlights regulatory enforcement by the Social Security System to ensure coverage for members. The requirement for employers to remit social security payments directly impacts the operational compliance and labor costs of businesses in the area.
From philstar.com
Who's involved
- PasayLocation where the employers are situated and subject to SSS regulations
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The entities involved
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Pasay
city of the Philippines in Metro Manila
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Philippines
archipelagic country in Southeast Asia