Francis Zamora fails to remit P1.3M in San Juan employees’ GSIS contributions
The city government of San Juan, under Mayor Francis Zamora, failed to remit around P1.3 million to the Government Service Insurance System (GSIS), which was deducted from the salaries of city hall employees.
Record shows that the total amount of monthly premium contributions and loan amortizations withheld from the salaries is P89,003,543 while the amount remitted to GSIS only totaled to P87,695,239 which means that there is an under-remittance of P1,308,304.
This is a clear violation of the Implementing Rules and Regulation of GSIS Act of 1997 which prohibits government agencies to delay remittance of premium contributions deducted from members’ compensation and remittance of government agency’s contributions within the first 10 days of the calendar month
The amount, although deducted from city employees’ salaries but not remitted, were already considered late by the GSIS, causing them to experience the imposition of interest, suspension of loan privileges, and disqualification from receiving the yearly dividend from GSIS.
Same problems were encountered by Home Development Mutual Fun and Philippine Health Insurance Corporation (PHIC) wherein a total amount of P227,174 and P319,909 were under-remitted, respectively. According to the City Accountant, they have already reconciled with the said agencies.
San Juan Mayor Francisco Javier Zamora assured his city employees that this will be fixed and the persons responsible will personally answer for the penalties and surcharged that may be imposed by the GSIS.