AMID fat bonuses that executives of the Social System Security (SSS) allegedly received, the Commission on Audit demanded that the agency get their act together to reflect the P11 million worth of contributions of its members lest borrowers could not avail of loans.
In its audit report on the state-controlled insurance agency of private employees, the Audit agency noticed that a total of P11.08 million was not yet posted in the accounts of the member-borrowers.
Verification on the SSS Web Inquiry System showed deficiencies in the posting of the premium contributions for 2012 of sampled members.
“The 2012 premium contributions of the sampled members were not yet posted in their individual subsidiary ledgers, thus, making them ineligible for the salary loans and benefits,” COA reported.
Figures from the 2012 transactions of Unpostables for Contribution Collection List disclosed that 3,874 members who remitted their contributions to SSS totaling P11.05million were not yet posted in their subsidiary ledgers, COA found out.
Due to this, a member availing of a salary loan may be turned down for a one-month worth of loan simply because the agency failed to post his at least 36 monthly contributions as stipulated in its policy.
Out of the 3,874 member, 549 contributed P2.87 million and have valid SSS numbers. Interestingly, P7.95 million, the largest out of the P11.05 million unposted remittances, belonged to 3,284 members “with no SSS numbers.”
This despite the mandate of the agency that it aims to deliver service that is “prompt [and]accurate to ensure total member satisfaction.”
Meanwhile, claims of the Clark Development Corp. in SSS remained without resolution for a long time when auditors found that more than half a million of benefits that Clark paid in advance remained unreimbursed.
In the audit report of Clark, the audit team found that P665,663 of sickness and maternity benefits that Clark advanced to its employees “remained unreimbursed by SSS.”
Auditors said that Clark first paid in advance the benefits that its employees claimed. These advances were then filed to SSS for reimbursement.
“However, accounts receivable from SSS have been long outstanding ranging from six months to 10 years,” the audit read.
Because of this, the auditors commented that this highly casts doubt on the recovery of these advanced payments.
When the Audit agency interviewed officials of Human Resources department of Clark, they said that they followed up and demanded reimbursement from SSS “but to date neither payment not notice of denial have been received.”
“In the event that SSS declares the claims as invalid, it appears that CDC had shouldered expenses not allowed under government rules and regulations,” COA said.
The Commission asked the Clark to make representation with SSS and look into the “core problem” as to why these claims were not acted upon by SSS.
Recently, SSS drew public flak following a move from the agency that allowed the release of P1 million to the members of the board of director of SSS.
SSS Chairman Juan Santos was to receive P1.17 million and Emilio de Quiros Jr., president and vice chairman with P1.04 million.
Other commissioners were also reported to receive the million worth bonus, namely, Diana Pardo-Aguilar (P1.33 million); Eliza Antonino (P968,000); Ibarra Malonzo (P1.41 million) and Bienvenido Laguesma (P1.30 million), Daniel Edralin (P1.12 million) and Marianita Mendoza (P1.02 million).
Edralin and Mendoza already expressed willingness to return their bonuses.
JOHN CONSTANTINE G. CORDON