Presidential Communications Operations Office

  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Wednesday, 27 January 2021 News Before 1 Feb 2012. Click for Latest
Web PIA  
 << January 2021 >> 
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
Special News Editions:
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
PIA Archive News Reader

PIA Press Release

New SSS ID prevents millions in fraudulent claims - de la Paz

Cagayan de Oro City (12 October) -- The Social Security System (SSS) said that it has prevented fraudulent claims worth millions of pesos after using a biometrics system of identification for its members.

SSS President and Chief Executive Officer Corazon de la Paz said the new identification system isolated members who own more than one set of numbers, avoiding possible multiple claims for pension.

She said SSS has cancelled the pensions of 17 members and saved P6.5 million and 6,000 more are currently under investigation, which could bring in as much as P1.1 billion in savings.

"The biometrics ID card system is valuable to our operations," De la Paz said. "It facilitates transactions and prevents fraud."

"The card speeds up queuing at the counters and makes it easy for members to make payments and gain access to their records in self-service terminals," she added.

De la Paz cited a Commission on Audit (COA) report that said the project "has fully achieved the objective of preventing fraud and abuse."

SSS has issued more than nine million cards to its active members and retirees as of September this year and the number is expected to grow in the next few years because the card is now required in all transactions with the institution.

Among those who will benefit from the SSS card are self-employed and voluntary members, who can use it to pay their contributions in self-service payment terminals, de la Paz said.

"When self-employed and voluntary members make payments at our tellers, their cards are swiped in and there is automatic recording of their Social Security (SS) Number and name, eliminating errors for faster posting of their payments," she further said.

De la Paz said the SS ID facilitates processing of loans and benefit claims and it is all that members need when applying for retirement. (SSS-10 /RAGCOM) [top]

|«  prev  next  »|
»Analysis: 2006 growth targets achievable
»Nat'l referendum, a way to settle Cha-Cha, says Davao dad
»Davao Oriental goes coco rehab
»PNA guv belies alleged Davao leak
»MedCo condemns Central Mindanao bombings
»DTI, industry players up banana chips promotion
»NorthCot barangay eyed for sugarcane expansion
»Hanging bridge to benefit North Cotabato remote barangay
»NYD gathers volunteers for orientation
»Komentaryo: Mag-ingat sa low-quality na mga semento - DTI
|«  prev  next  »|

Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
For comments and feedback, please email PIA Newsdesk
Copyright © 2005 Philippine Information Agency
PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines