State-run pension fund Social Security System posted a more than 75 percent compliance rate from 115 delinquent employers as a result of its Run After Contribution Evaders Campaign in the regions in 2018.
SSS president and chief executive Emmanuel Dooc said 87 out of 115 pre-identified delinquent employers subjected to RACE Campaign fulfilled their statutory obligations under the Social Security Act of 1997 on the back of an intensified collection and awareness campaign of the pension fund.
“The number may seem small, but the impact of this campaign is directly linked to a 13.9-percent increase in collection of members’ contributions from P159 billion in 2017 to P180 billion as of December 2018,” he said.
“After visiting 10 cities nationwide, we are glad that the RACE Campaign has fulfilled its purpose of raising our employer’s awareness on their responsibilities as business owners. Likewise, employees learned how to assert their right to social security after having conversations with them during the operations,” Dooc said.