Daily Star logoBusiness
Bacolod City, PhilippinesFriday, March 23, 2012
Front Page
Negros Oriental
Star Business
Opinion
Sports
Police Beat
Star Life
People & Events
Eguide
Events
Schedules
Obituaries
Congratulations
Classified Ads
 
SSS condonation
plan calendared

The Social Security System is calling on its members with overdue loans to apply for the new loan condonation program, which will start on April 2, an SSS press release said.

The new loan condonation program allows members to settle the unpaid principal amount and corresponding interest of their loans without paying the entire amount of incurred penalties. The  terms and requirements vary depending on the type of applicant availing the program, the press release said.

Beneficiaries of deceased borrowers filing their death claim applications, and borrowers filing total disability or retirement claims within the availment period,  are also covered by the new amnesty.

The deadline for application is September 30,  but beneficiaries of deceased borrowers with outstanding loans can apply until March 30, 2013.

The new amnesty program covers overdue salary, calamity, emergency, educational, study-now-pay-later, stock investment and privatization fund loans.

For more information and inquiries, members can call the SSS Hotline: 920-6446 to 55 or email the member_relations@sss.gov.ph, the press release said.*

 

 

back to top

Business
Button‘Proposals for VAT on oil scrapping won’t progress’
ButtonBIR launches new tax campaign
ButtonSSS condonation plan calendared

ButtonPeso moves sideways at 43.06 vs US dollar