|SSS opens Short-Term Member Loan Condonation Program on November 15
Member-borrowers with past due short-term loans may apply for the Social Security System’s (SSS) Penalty Condonation Program via online using their My.SSS accounts starting November 15, 2021 up to February 14, 2022.
SSS President and Chief Executive Officer Aurora C. Ignacio said that the Short-Term Member Loan Penalty Condonation Program (STMLPCP) is part of the Pandemic Relief and Restructuring Programs being offered by SSS.
“We continue to respond to the needs of our members who were greatly affected during this pandemic. Through the STMLPCP,SSS offers conditional loan condonation by waiving their accumulated penalties once their loan principal and interest are fully paid.” Ignacio said.
Included in the program are those with outstanding Salary, Calamity, Salary Loan Early Renewal Program (SLERP), Emergency Loans and Restructured Loan under the Loan Restructuring Program (LRP) implemented in 2016 to 2019.
Qualified to apply are the following:
Other terms and conditions under the loan penalty condonation can be viewed in SSS Circular No.2021-014 which can be accessed through this linkhttps://bit.ly/3GEzwhf.
For accurate information and updates on SSS programs and benefits, visit and follow SSS on Facebook and YouTube at “Philippine Social Security System,” Instagram at “mysssph,” Twitter at “PHLSSS,” join its Viber Community at “MYSSSPH Updates,” or visit the uSSSap Tayo Portal at https://crms.sss.gov.ph/.
29 November 2021