MANILA, Philippines — Employers are being notified to immediately correct the payout details of their employees to allow the Social Security System (SSS) to credit the subsidy under the agency’s Small Business Wage Subsidy (SBWS) program.
Based on the agency’s statistics, there is still a total of 24,118 employees who have incorrect bank accounts or mobile number information in the My.SSS record.
Thus, the SSS is advising all employers to check their emails to view the names of employees whose information needs to be rectified until 5:00PM of Wednesday (June 10).
Procedures for correction are detailed in the email sent by SSS.
Employers are reminded that if employees’ payout details are left uncorrected, SSS will not be able to credit the subsidy to them.
Their subsidies shall be forfeited and shall revert back to the government.
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