SSS to levy, seize and garnish properties

By February 25, 2018Business, News

DELINQUENT EMPLOYERS WARNED

THE Social Security System (SSS) is set to impose additional modes of collection starting April thru Warrants of Distraint, Levy and Garnishment (WDLG) against about 60,000 delinquent employers nationwide.

The warrants will cause the seizure and acquisition of personal and real properties and garnishment of bank accounts equivalent to the amount of unpaid contributions including interest and penalty.

The WDLG is provided for under Section 22 of Republic Act 8282 otherwise known as Social Security Act of 1997. These modes of collection are similar to the collection system of the Bureau of Internal Revenue (BIR) against delinquent taxpayers. Also, SSS launched early last year the Run Against Contribution Evaders, a program parallel to BIR’s Run Against Tax Evaders Program.

SSS President and Chief Executive Officer Emmanuel F. Dooc said the new policy is to ensure that employers are unable to dispose their properties to evade their obligations in paying employees’ SSS monthly contributions.

“This is a warning against delinquent employers who continue to ignore their responsibility with the SSS. With this new policy, SSS can now seize their personal and real properties as well as credits and other properties in the hand of the third party as payments to the delinquency owed by them,” said Dooc.

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