SSS extends LRP with penalty condonation until April 1, 2019
SOCIAL Security System (SSS) members in Pangasinan with outstanding loans welcome the announcement of Social SSS President and Chief Executive Officer Emmanuel F. Dooc to extend the Loan Restructuring Program (LRP) with penalty condonation, for another six months or until April 1, 2019.
The extension was made to allow more SSS members with loan payment problems to apply for the program.
He noted the dilemma of members in the province to file the application to beat the deadline on account of the recent calamites that hit several provinces.
Meanwhile SSS welcomes the swift passage of the proposed expanded maternity benefit for female workers with identified source of funding during the bicameral conference committee held at the Lower House last week .
Under the proposed law, the current number of compensable days for maternity leave will increase to 105 days from 60 days and 78 days, for normal and cesarean delivery, respectively. Solo parents will enjoy an additional 15 days or a total of 120 days of maternity benefit. There will also be no limit on the number of times of pregnancies covered compared to the current limitation of four pregnancies.#
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