article banner

SSS to start e-CS for real-time posting of payments in 2018

BEGINNING Jan. 16, the Social Security System (SSS) will introduce the electronic Collection System (e-CS) to facilitate the real-time posting of SSS contribution payments.

The new system intends to eliminate the slow process of manual posting and verification, which members still face today.

Under SSS Circular No. 2017-010, all employers, including household employers, and individual members such as self-employed, voluntary, and overseas Filipino workers, are required to register with My.SSS on the SSS website ( Payment reference numbers (PRNs) will be used to pay contributions through payment channels, such as tellering facilities in SSS branches, banks, and non-bank collection facilities.

Enrolled employers and individual members can enjoy the following features of the e-CS: Electronic generation of contributions collection list (e-CL) and statement of account (SOA) for employers and individual members, respectively; Review and edit options for the e-CL or SOA; Automatic generation of PRNs upon confirmation of the e-CL or SOA; Automatic generation of electronic notifications and reminders; and Real time posting of contribution details to the accounts of employees and individual members.

Please be guided accordingly.

Source: P&A Grant Thornton


As published in SunStar Cebu dated 19 December 2017.