Category Archives: Public Announcements

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JOB OPENING AT FSMSSA (MAY 2019)

ANNOUNCEMENT OF POSITION VACANCY

 

Location: FSM Social Security Administration

Headquarter, Kolonia, Pohnpei FM

 

Opening Date: May 9, 2019

 

Position: Claim Officer

 

 

 

Closing Date: May 27, 2019

 

Salary Range: Starting at $15,000.00 (depending upon qualifications)

The Federated States of Micronesia Social Security Administration is seeking for a qualified candidate to fill the position of a Claim Officer. This position reports directly to the FSMSSA Deputy Administrator.  Responsibilities for this position are to ensure that all claims made on FSM Social Security are processed in an

entirely equitable, competent and timely manner and that all beneficiaries of FSM Social Security are treated strictly in accordance with the FSM laws and FSM Social Security Administration policies, processes, procedures and practices.

 

Nature of Work

  • Ensures that all claims received have all proper, complete and accurate evidence required;
  • Conduct such investigation as may be required to ensure the veracity of claimants and beneficiaries;
  • Check all benefit calculations for completeness and correctness;
  • Regularly check that beneficiaries are entitled to benefits being received and that correct payments are being made;
  • Monitor regularly pending claims, to ensure that all necessary action is being taken;
  • In conjunction with the Accounting Division, ensure that benefit checks are distributed in a timely manner;
  • Carry out various administrative functions in conjunction with, and in support of, the Accounting Division;
  • Supervise claim staff work load, performance and train staff as required;
  • Perform other duties as assigned.

 

Requirements of Work

Must have high level of mathematics,  competency in computers and financial matters. Excellent written and verbal communication skills. Must have knowledge of basic management principles and excellent work ethics.

 

Education Requirements

Position requires a Bachelor Degree in Business Administration and experience in social security operations and laws or in any similar benefit programs.

 

Filing Instructions

Any interested candidates should obtain application form at any Social Security branch office or the headquarter. Submit the application or show postmark if mailed, no later than May 27, 2019, along with diplomas, degrees and/or transcripts to any of the Social Security offices or to:

 

FSM Social Security Administration

P.O. Box L

Kolonia, Pohnpei FM 96941

 

 

APPROVED FOR BROADCAST/ANNOUNCEMENT BY

Administrator

Date: May 8, 2019


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Beneficiaries to make Changes in Addresses

FSMSSA wishes to extend this announcement to all beneficiaries receiving benefits from the Social Security Program. Due to security reasons, the FSM Social Security Administration will be discontinuing the mailing of physical checks to overseas locations beginning April 2019. Therefore, beneficiaries residing outside of FSM must have a valid bank account to be used for benefit remittances. The program sincerely encourage ALL beneficiaries abroad and on the islands to abide with this recommendation in order to support security improvements. It must be a question raised to why the sudden change, yet due to incidents occurring with lost checks and more than that, FSMSSA intends to verify that the safest procedure is through bank direct deposits. This could also support the less use of paper for printed checks to thousands of beneficiaries. Moreover, the process is that you must have an active Savings or Checking Account. FSMSSA need your account information for confirmation then you could make the change. In doing so, our form had been sent out to all beneficiaries, it is as well posted on our website; www.fsmssa.fm. Please be informed that Joints accounts are applicable to only you and your spouse. On island beneficiaries are highly recommended to have accounts as much as possible. This change would really assist with systems expenses on its operations and a guaranteed timely payout to all beneficiaries and would highly shorten issues with physical checks. For further questions and comments, please contact us through e-mail or phone. Thank you.

 


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Introducing FSMSSA Voluntary Contributions through the Automated Clearing House (ACH) Program

The FSM Social Security Administration wishes to invite all interested FSM citizens working abroad to participate in the program. Public Law 14-86, which was passed on October 23, 2006, created a new provision within the social security law that would allow a citizen of the FSM working abroad to voluntarily contribute into the system to earn the right to benefits. FSM citizens who are actually working outside of the FSM, Palau or Marshalls can make voluntary contributions. In order for an abroad citizen to apply for Voluntary Contribution through the ACH, our official website – www.fsmssa.fm has prepared printable forms to (1) enroll in the program, (2) authorize the transactions, and (3) to authorize retroactive payments.  Once these forms are filled and sent to the main office for processing, FSMSSA will collect their quarterly taxes from their account through online ACH. After every transaction, a receipt will be sent to the contributor while the bank documents the transfer in the contributor’s passbook.

For persons who are self-employed or regular employees outside of the FSM, Republic of Palau and Republic of the Marshall Islands, they may make voluntary contributions to receive quarters of coverage and to accumulate payments to their minimum contribution requirements, even if they are contributing to another Social Security system. The person must make payments to FSM SSA in the FSM, and file a quarterly return. Any person making these voluntary contributions is subject to the same deadlines as any other taxpayer. The person must also pay both the employee and employer’s share of the social security tax. The quarterly earnings are fixed at $1,250.00

It applies also to FSM citizens now.

For persons who are self-employed sole proprietors with no employees in the FSM, which can include farmers and fishermen, and who make less than $10,000.00 per year, may make contributions to the Social Security System. The person will be deemed to make $1,250.00 per quarter, and they must pay the employee and the employer’s share. After January 1, 2013, the payment is $93.75 for the employee’s share and $93.75 for the employer’s share, totaling $187.50 per quarter. Any self-employed person electing to make such voluntary contributions must file quarterly returns and is subject to the same deadlines as any other taxpayer. If revenue received by a self-employed person is $10,000.00 or more, they are subject to the regular mandatory contribution provisions.

 


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