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View Full Version : Law 89-07 helped thousands



NewsWhore
02-13-2008, 03:20 PM
The Law 89-07 has allowed companies that had not registered with the Social Security System to register their workers in the system, facilitated by deferred payments to the system by the companies. According to SSS Treasurer Henry Sadhala, some 200,000 workers benefited from the legislation, with 2,500 businesses taking advantage of the new situation. However, despite the fact that the legislation specified a limited, 90-day period, many companies have told the SSS treasury that they did not have time to get the paperwork together, and are requesting a new grace period. Although Sadhala did not say that a new grace period would be forthcoming, he did not reject the idea out of hand. Apparently 35,000 small and medium sized firms still want to "get legal."

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