Watch: 2023 Contribution Schedule for Regular Social Security, Employees' Compensation, and Workers' Investment and Saving Program | Philippine Social Security System - SSS
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We recovered $473 million for nearly 160,000 underpaid workers in 2023-24, taking back-payments to $1.5 billion across the last three years. The recoveries came in a year where we secured the largest penalties in our 15-year history, with litigations leading to $21.2 million in court-ordered penalties. More than half of the 2023-24 recoveries came from large corporate sector employers, who together back-paid more than $333 million to nearly 110,000 underpaid employees. This sector (a continuing
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We recovered $473 million for nearly 160,000 underpaid workers in 2023-24, taking back-payments to $1.5 billion across the last three years. The recoveries came in a year where we secured the largest penalties in our 15-year history, with litigations leading to $21.2 million in court-ordered penalties. More than half of the 2023-24 recoveries came from large corporate sector employers, who together back-paid more than $333 million to nearly 110,000 underpaid employees. This sector (a continuing
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