Electronic SSS Reports

An average of 72,300 companies use electronic technology to submit monthly collection reports to the Social Security System (SSS), which resulted in quick posting of contributions of more than four million employees last year, a senior official said.

SSS President and Chief Executive Officer Corazon de la Paz-Bernardo said contributions could be posted in two days for employees of companies that submit computer-based reports.

We strongly encourage other companies to automate reporting of contributions so employees could immediately avail of SSS benefits and loans,? she said.

The state-run institution cited findings of a National Competitiveness Council study, which said the SSS? manual posting of contributions takes up to two months. The SSS has been waging a campaign to compel employers to automate submission of their reports to avoid posting delay.

Contributions can be posted in five days under the R-3 Diskette program, and in only two days under the SSSNet facility. Postings that run from one to two months refer only to companies that submit reports using the SSS contribution collection list or R-3 forms, which are sent quarterly.

Paper-based reports, which we receive only at the end of the quarter, take time to encode, especially if there are errors such as inaccurate SS numbers or misspelled names of employees,? de la Paz-Bernardo said.

The SSS offers employers two electronic modes for sending contribution reports: through its R-3 Diskette program, where companies encode their collection lists in a diskette and submit it with the payment receipts, and the SSSNet program, which uses electronic data interchange technology.

Electronic reports are validated upon submission and are automatically uploaded to the SSS Contributions Posting System.*

An average of 70,180 companies, from a minimum number of 45,079 to a maximum of 82,046, which represent 3.98 million employees, sent monthly reports through the SSS R-3 Diskette program in 2007.

A monthly average of 2,120 employers, ranging from 1,543 to 2,540, availed of the SSSNet facility, which allowed computerized transmission of collection reports through the Internet. -source: www.sss.gov.ph