They should also inform their new employers of their loan balance so that corresponding deductions can be made from their salaries. An employee should always present the voucher attached to the check representing the loan to his employer. This way, salary deductions can be arranged and delays in payment prevented. If he has just transferred from another company, he should inform his new employer of his loan balance. An employee should keep track of the salary deductions indicated in his pay slips as well.
Employees play an important role in paying and remitting their loans.
If an employee fails to pay his loans on time, his employer may be declared delinquent, resulting in the suspension of his co-employees' SSS privileges. By punctually remitting SSS loan amortizations, employers enable their employees to easily avail of SSS benefits. This will eventually foster a more harmonious relationship between employers and employees. SSS Building East Ave.