TACLOBAN CITY, Philippines – State insurance Social Security System (SSS) reminds members who are among typhoon-affected residents in Tacloban City to avail of the calamity loan restructuring because the program is terminating in October this year.
SSS Tacloban Officer-In-Charge Dr. Lilibeth Cajucom said the restructuring is intended for members who availed calamity loan but are unable to pay their dues.
SSS opened the calamity loan program for victims of typhoons Yolanda, Ruby and Urduja.
“Ang maco-condone ay iyong penalty but they still have to pay for the principal and the interest and they can pay in installment,” explained Cajucom.
Cajucom added that delinquent accounts will have a maximum of five years repayment period depending on the principal amount and interest. She appealed to members to pay their loans accordingly and not to ignore their obligations with the agency.
“Lalaki nang lalaki lang ang interest plus penalty. Ang pag-collect niyan naman ay kapag mag-apply ka na for final claim, death or total disability…So kung ang claim mo ay lump sum lang tapos possible na magsobra pa ang babayaran mo, hahabulin ka pa talaga,” Cajucom warned.
Applicants are advised to bring complete documents such as ID, fully accomplished application form that can be downloaded from the SSS website. – Archyl Egano / Marje Pelayo
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