SSS Luzon North 1 reports P2.4B collection in 2020
SSS Luzon North 1 reports P2.4B collection in 2020
BAGUIO CITY, Jan. 18(PIA) – – The Social Security System Luzon North 1 reports that collection from membership contribution in 2020 was affected by the Coronavirus Disease (COVID – 19) with several businesses closing down or downsizing their operations.
SSS Vice President for Luzon North 1 Caesar Saludo, in a Kapihan media forum here on January 13 said their collection in 2020 totalled to around P2.4 billion, lower by P200 million compared to their P2.6B collection in 2019.
Despite this, SSS assures that services to their members continue amid the pandemic.
Saludo shared that in 2020, SSS Luzon North 1 disbursed around P82 million in unemployment assistance to members under their area of operations whose employments were affected by COVID – 19.
SSS Luzon North 1 covers eight branches in Cordillera and Region 1 covering more than 576,000 members with Baguio City having the most with around 228,000 members. The office also caters to around 110,000 pensioners.
With the pandemic, Saludo said SSS is going online with its programs and services. Online services of SSS can be accessed at My.SSS portal.
For some transactions that are face to face, health and safety protocols are in place for the safety of both members and the employees. Those who needs to go to the SSS branches need to register an online appointment. SSS branches also have drop boxes for loan and other benefits.
Meanwhile, Saludo announced that the scheduled one percent increase on membership contribution will be implemented effective January 2021 as scheduled as mandated by Republic Act 11199 or Social Security Act of 2019. He explained that the increase in contribution is vital to sustain the viability of SSS and to ensure the continuing services for members as members’ contributions subsidize the benefits being provided by SSS. (JDP/CCD-PIA CAR)
