The Social Security System (SSS) has activated its Calamity Loan Program for members affected by the 6.9-magnitude earthquake in Cebu and recent typhoons, effective October 2, 2025.
This initiative follows directives from President Ferdinand R. Marcos Jr. and Finance Secretary Ralph G. Recto to deliver immediate financial relief to disaster-stricken communities.
SSS President and CEO Robert Joseph Montes De Claro announced that the updated guidelines allow faster loan processing and disbursement, featuring a reduced interest rate of 7% per annum and a maximum loanable amount of P20,000.
De Claro assured members that SSS remains a dependable source of support during natural disasters, aiming to accelerate recovery in quake-hit and storm-affected areas.
The loan activation process has been streamlined, enabling quicker access to funds through members’ My.SSS accounts, with approved loans credited directly to their disbursement accounts.
To qualify, members must reside or work in areas declared under a State of Calamity, have at least 36 monthly contributions (six posted within the last 12 months), and maintain an active My.SSS account.
Applicants must also be of legal age but under 65, have no past due or restructured loans, and must not have received any final benefit or committed fraud against SSS.
For employed members, their employers must be up-to-date with SSS contributions and loan remittances.
The National Disaster Risk Reduction and Management Council (NDRRMC) has declared a State of Calamity across Cebu Province following the September 30 earthquake.
In addition, the Calamity Loan Program extends to members affected by tropical cyclones Mirasol, Nando, and Opong, as well as the enhanced southwest monsoon.
The NDRRMC has also declared a State of Calamity in 85 towns and cities across Ilocos Norte, Cagayan, Oriental Mindoro, Romblon, Masbate, Aklan, and Maguindanao del Sur.
De Claro reiterated SSS’s commitment to helping members recover and rebuild swiftly after calamities.