This component calculates SSS contributions and benefits in line with Philippine legal and business requirements.

Every effort is made to guarantee the legal compliance of all SSS contribution values set up in the system. However, as the laws affecting SSS contributions change, you must verify and ensure compliance by performing all necessary configuration steps.

The Social Security System (SSS) component accesses data stored in various HR infotypes including Personal Data (0002), Basic Pay (0008), Recurring Payments/Deductions (0014), Additional Payments (0015), and Social Security Philippines (0422), and processes data in the payroll results cluster.

The component enables you to:

• Maintain employee SSS information (infotype 0422)
• Calculate employer and employee monthly social security contributions
• Calculate employee compensation (EC)
• Calculate Medicare contributions up to June 30, 1999
• Calculate sickness and maternity payments and benefits
• Perform monthly and quarterly remittance reporting
• Perform SSS EDINet reporting