SSS opens ‘AlkanSSSya’ program for Las Piñas market vendors

The Social Security System (SSS) continues to expand its coverage of informal sector workers through a microsavings program called “AlkanSSSya” that offers convenient remittance of contributions and ensures access to affordable social protection.

The program was offered to members of the United Vendors of Las Pinas Public Market (UVLPPM), through a memorandum of agreement (MOA) signed by SSS Las Piñas Branch Head Amalia N. Tolentino and UVLPPM President Meneses D. Poreja in ceremonies held on October 2 at the New Las Piñas City Public Market at Zapote, Las Pinas City.

Immediately after the MOA-signing, the AlkanSSSya unit was turned over to the UVLLPM for its members to start dropping in their savings towards SSS contributions.

President and Chief Executive Officer Emilio de Quiros Jr. and other SSS officials watched as the market vendors excitedly looked for their assigned slots to drop in coins to kick off their savings.

“We specifically designed the AlkanSSSya program to fit their way of life and to make saving for monthly SSS premiums as affordable as only P10 a day,” de Quiros said.

Metal safety boxes standing 1.5 meters tall with secure mini-compartments are installed in accessible locations to store AlkanSSSya savings before these are accounted for and picked up by an SSS collecting agent at the end of every month.

One AlkanSSSya compartment is assigned to each member who can drop in any amount daily until the required monthly contribution is completed.

AlkanSSSya members are required to save at least P312 per month to meet the P3,000 monthly salary credit. (SSS/PIA PND)