What Is The SSS Pension Loan Program?

By | October 10, 2018

Apply for an SSS Pension Loan Program.

 

SSS knows that many of the SSS pensioners are approaching “loan sharks” charging
very high interest. SSS pensioners are oftentimes forced to pledge their ATM cards
as collateral to them.

 

In response to the pensioners requests, the SSS Pension Loan Program (PLP) was
launched.

 

It aims to provide financial assistance to the retiree/pensioners through low
interest rates.

sss pension loan program

SSS Pension Loan Program | Image Credit | SSS

 

Ano ang SSS Pension Loan Program?

Batid ng SSS na marami sa ating mga SSS pensioners ang lumalapit sa mga “loan sharks” na lubhang napakataas ang interes. Napipilitan pa ang mga SSS pensioners na isangla ang kanilang mga ATM cards bilang kolateral sa mga ito.

Bilang tugon sa hiling ng mga pensiyonado, naglunsad ng SSS Pension Loan Program  (PLP).

Layunin nito ang makapagbigay ng tulong pinansyal sa nga retiradong pensiyonado sa pamamagitan ng pautang na may mababang interes.

 

Who are eligible to apply for a sss pension loan program?

  • Retired pensioner
  • Not more than 80 years at the time of ¬†the full payment of the loan
  • No less outstanding loan balance, SSS benefit overpayments, etc. on regular
    monthly pension
  • No existing advance pension from the SSS Calamity Package
  • Active status of pension and receiving regular monthly pension for 6 months or more

If the retiree-pensioner took an 18-month advance pension, he or she can only
apply if he or she is receiving his regular monthly pension for 6 months or more.

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