The Philippine Embassy wishes to remind the public that the Social Security System has extended the deadline for the payment of SSS contributions of Overseas Filipino workers (OFWs) pursuant to Social Security Commission Resolution No. 406-s. 2006 dated 27 September 2006 which took effect on 15 November 2006.

The contributions for the months of January to December of a given year  may be paid within the same year and contributions for the months of October to December of a given year may also be paid on or before the 31st of January of the succeeding year, or the next working day if it falls on a Saturday, Sunday or holiday.

However, in case of advance payments, only the contributions applicable to the month(s) prior to the contingency entitling the member or his beneficiary to any benefit from the SSS shall be considered in the computation of such benefit, while the rest shall be refunded in case of a final claim or credited to his future accounts, in accordance with the existing rules.

According to SSS, no contribution paid retroactively shall be used in the computation of any benefit arising from a contingency that preceded the date of payment of the retroactive contribution.