SSS Offers Advance Pensions and Loans to Typhoon-Hit Pensioners

- Advertisement -

The Social Security System (SSS) has urged pensioners affected by recent tropical cyclones Kristine, Marce, Nika, Ofel, and Pepito to apply for a three-month advance pension by December 21, 2024.

SSS Officer-in-Charge Voltaire P. Agas announced that the financial aid is available to pensioners residing in areas declared under a state of calamity by the NDRRMC.

- Advertisement -

Agas emphasized that the assistance is designed to support pensioners recovering from the devastation caused by the storms, particularly in Luzon, where the damage was severe.

Eligible pensioners must live in a calamity-affected area, have no existing pension loans, and submit an application certified by their Barangay Chairman, DSWD, or NDRRMC.

The benefit checks will be available for pickup at the SSS branch where the application was filed within 10 working days or mailed to the registered address.

Agas also highlighted that the SSS Pension Loan Program (PLP) is available for retirement pensioners needing additional financial assistance.

- Advertisement -

The PLP offers loans of up to 12 times the monthly pension, with a maximum of ā‚±200,000, at a low annual interest rate of 10 percent.

Loan applications can be filed online through the My.SSS Portal or at any SSS branch, with proceeds credited within three to five working days.

Agas assured that flexible payment terms and automatic monthly deductions will ensure pensioners retain at least 47.25 percent of their pensions.

SSS encourages pensioners to take advantage of these programs to recover and rebuild their lives after the recent typhoons.

- Advertisement -

Latest

NBI Examines Fingerprints of Barrameda Murder Suspect

THE National Bureau of Investigation (NBI) is analyzing the...

International Airborne Leaders Forge Stronger Indo-Pacific Partnerships

Airborne commanders from Indo-Pacific nations convened at the International...

College Student Dies in Motorcycle-Tricycle Collision

A college student died after his motorcycle collided with...

Salon Owner Shot Dead; Police Identify Suspects

Authorities have identified two suspects involved in the fatal...

Philippine Army Airborne Troops Showcase Skills in Multilateral Indo-Pacific Jump in Japan

FORT BONIFACIO, Taguig City ā€“ Philippine Army airborne troops,...

Newsletter

International Airborne Leaders Forge Stronger Indo-Pacific Partnerships

Airborne commanders from Indo-Pacific nations convened at the International Airborne Commanders Conference (IACC) held on January 10, 2025, at the 1st Airborne Brigade, Japan...

NBI Examines Fingerprints of Barrameda Murder Suspect

THE National Bureau of Investigation (NBI) is analyzing the fingerprints of Victor DueƱas, who was apprehended for his alleged role in the 2007 murder...

24-Year-Old Man Arrested for Violating Comelec Gun Ban in Bacolod City

A 24-year-old man from Barangay Mansilingan, Bacolod City, was arrested for violating the Commission on Elections (Comelec) gun ban during a checkpoint in Barangay...