Categories: OFW News

SSS members are encourage to remit contributions, pay loans ONLINE!

The Social Security System (SSS) urges its members to pay their monthly contributions or loan repayments online for a more efficient transaction.

Aurora C. Ignacio, SSS president and chief executive officer, said many members miss their deadlines due to their busy schedules, with late loan payments that incur penalties.

Ignacio said that missed monthly contributions, meanwhile, affect members’ eligibility for benefit claims.

“We encourage our members to pay their contributions and loans online to avoid these problems and have a safer and more convenient means of settling their obligations with SSS,” Ignacio said in a statement issued on Monday.

Online payments can be done through BancNet online, UnionBank online, and Globe’s GCash facility on or before the due date.

It covers self-employed, voluntary, and overseas Filipino workers (OFWs).

Ignacio said there are 16.4 million paying members from January to September 2019, with only “a few” paying their contributions online.

“For the said period, there were only 706 employers and 10,078 self-employed, voluntary, OFW members who have used GCash. There was an increase though of 36 percent from 519 employers and 74 percent from the 5,795 self-employed, voluntary, OFWs members recorded during the same period in 2018,” Ignacio said.

How to pay online

SSS said its members who are ATM cardholders of a participating BancNet member can pay their SSS contributions through BancNet Online at www.bancnetonline.com with no required registration, no transaction fees, and no extra charges.

Employers who paid using BancNet online reached 6,295 from January to September 2019, SSS said.

Meanwhile, SSS members who have accounts with UnionBank may also pay online via SSS Hub at their www.unionbankph.com website.

SSS said a total of 46,087 employers paid through UnionBank, whether online or over-the-counter, from January to September 2019 while 19,641 self-employed, voluntary, OFWs members paid through UnionBank during the same time period.

SSS members who are Globe or Touch Mobile prepaid users and postpaid subscribers may pay their contributions using Globe’s GCash application which also allows members to pay salary loans and real estate loans.

The GCash application also allows OFW members to pay for their Personal Equity and Savings Option (PESO) Fund contributions.

“To pay for their contributions, members need to generate first their Payment Reference Number (PRN) at the My.SSS website for the real-time processing of contribution payments,” SSS said.

Share
Published by
Juan in Oman

Recent Posts

OWWA Scholarship Application for SY 2025-2026 is Now Open!

The Overseas Workers Welfare Administration (OWWA) has officially announced that applications for its scholarship programs,…

2 days ago

DFA and Comelec Gear Up for 2025: Online Voting for Overseas Filipinos Set to Launch

The Department of Foreign Affairs (DFA) said preparations are ongoing for the implementation of online…

3 months ago

Philippine Embassy in Muscat is open every last Friday of the month

Starting this September, the Philippine Embassy will now be open every last Friday of the…

3 months ago

LTO to Launch Online Driver’s License Renewal for OFWs This Year

The Land Transportation Office (LTO) is set to roll out an online platform for driver's…

3 months ago

5 Ways to Earn Via Social Media as an Overseas Filipino Worker

In today's digital age, social media has become more than just a platform for staying…

3 months ago

Introducing the better and improved DWM Mobile App – OFW Pass

Calling all Filipinos working abroad! The Department of Migrant Workers (DMW) wants you to know…

4 months ago