PIA Press Release
Friday, January 06, 2012
SSS Tuguegarao exceeds targetsby Thelma C. Bicarme
TUGUEGARAO CITY, Jan. 5 (PIA) -- The Social Security System (SSS) here has collected a total of P313.6 million in membership contributions last year, exceeding its target of P300 million, said Branch Manager Porfirio Balatico.
Balatico said this is attributed to the support given by its members and the different sectors such as the employers both foreign or local, the Department of Labor and Employment and the media.
"We thank all of those who extended their support to us which made us one of the top performing branch office," Balatico said.
Aside from exceeding its collection goal, SSS Tuguegarao also exceeded its membership coverage target. "To date, our office has enlisted some 11,803 members, higher than our target of 8,000 members.
As to delinquent loan repayments, Balatico said they were able to collect P15.8 million of the P100 million long overdue loans. (TCB/PIA 2)