SSS offers loan assistance to typhoon, habagat victims

By August 19, 2018Business, News

THE Social Security System (SSS) on Tuesday said more than P863 million have been reserved for a relief assistance program for its members and pensioners affected by the massive flooding brought by the Southwest Monsoon enhanced by typhoons Henry, Inday and Josie last July.

SSS President Emmanuel F. Dooc said the agency opened its Calamity Assistance Package (CAP) which offers a loan assistance program and an option for pensioners to advance their three months’ worth of pension.

NDRRMC-declared calamity areas include Pangasinan.

To qualify for SSS calamity loans, a member whose home address or property is in a declared calamity area must have a minimum of 36 monthly contributions, six of which should be paid within the 12-month period preceding the date of application.

However, members who availed of the SSS Loan Restructuring Program and those with final benefit claims, such as for total permanent disability and retirement, are excluded from the program.

Applicants under the advance three-month pension, meanwhile, whose present address is different from the address in the SSS database should submit a barangay certification to prove that they reside in a declared calamity area.

The availment period for the assistance package is until Nov. 12, 2018.

For more information, members and pensioners can visit the nearest SSS branch, contact the SSS Call Center hotline at 920-6446 to 55, or send an email to member_relations@sss.gov.ph. The application forms are downloadable from the SSS website at www.sss.gov.ph.

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