THE Social Security System’s (SSS) salary loan program is one of the most popular SSS programs among members. Over a million actively paying members avail themselves of this loan every year to ...

Over a million members of the Social Security System (SSS) benefited from a total of P26.3 billion in salary loans from January to August this year, the state-run pension fund said Wednesday. The ...

LOANS disbursed by the Social Security System (SSS) grew larger in the first half of this year by 8.4 percent, parallel to the rise of the number of member-borrowers during the period. The state ...

The Social Security System (SSS) denied yesterday reports that it had suspended salary loan grants to its 22 million members. "I don’t know where these unverified reports came from, but it ...

SSS members who lost their jobs due to the enhanced community quarantine amid COVID-19, for their part, can avail of the SSS' one-time payout under unemployment benefit program which pays the member ...

In a statement, the SSS said that salary loan interest rate will fall to 8 percent while calamity loan interest rate will slide down to 7 percent. Both interest rates are currently at 10 percent.

This is to correct the salary loan amounts Social Security System members may take (“SSS extends loans to Yolanda victims,” Business, 11/12/13). July 10, 2022. News. Global Nation. Business. ... SSS ...

Figures showed the SSS released P9.7 billion in calamity loans to more than 500,000 disaster-stricken members in 2024. The pension fund has yet to report the amount of salary loans it disbursed ...

The SSS added, “The loan amortization, inclusive of a 10 percent annual interest rate computed on a diminishing principal loan balance, shall be deducted from the monthly pension, ensuring a net ...