Companies with delinquent SSS contributions gets a reprieve
The Social Security System (SSS) records show that the unremitted premium contribution has already reached an estimated P109 billion, while the penalties amount to P280 billion. SSS President Romulo Neri said they don’t expect to collect all those penalties because a lot of companies are so hard up these days, but added that employers need [...]
January 8, 2010
Tags: business news, Philippines, RA 9903, Republic Act 9903, SSS, SSS penalties condonation Posted in: Announcement, Corporations, Government, Labor, Law, Philippine business news, Philippines, economy, finance, money
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