|SSS now offering its calamity assistance package to earthquake victims in Abra, Mountain Province|
Social Security System (SSS) President and Chief Executive Officer Michael G. Regino announced that members and pensioners affected by the recent Magnitude 7.0 earthquake that struck Abra and nearby areas may now avail of the Calamity Assistance Package until November 14, 2022.
The Calamity Assistance Package consists of members’ Calamity Loan Assistance Program (CLAP) and the three-month advance pension for pensioners in earthquake-stricken areas in Abra and Mountain Province.
In Mountain Province, towns that are under the state of calamity include Bauko and Besao, while in Abra, these areas are Bangued, Boliney, Bucay, Bucloc, Daguioman, Danglas, Dolores, Lacub, Lagangilang, Lagayan, Langiden, La Paz, Licuan, Luba, Malicbong, Manabo, Penarrubia, Pidigan, Pilar, Sallapadan, San Isidro, San Juan, San Quintin, Tayum, Tineg, Tubo, and Villaviciosa.
Regino said that members and pensioners residing in other earthquake-affected areas could be declared under a state of calamity by the National Disaster Risk Reduction and Management Council (NDRRMC) or the Sangguniang Bayan, Panlunsod, or Panlalawigan can also avail of the said assistance package.
Calamity Loan Assistance Program
Under the CLAP, qualified members can avail of a loan equivalent to their one month salary credit (MSC) computed based on the average of their last 12 MSCs or the amount they applied for, whichever is lower.
To qualify, affected members must meet the following requirements:
Three-month Advance Pension
Retirement, disability, and survivor pensioners under the Social Security (SS) Program and disability and survivor pensioners under the Employees’ Compensation (EC) Program may also apply for a three-month advance pension. Interested SS and EC pensioners must be residents of the earthquake-stricken areas declared under the state of calamity.
To apply for the three-month advance pension, they should submit the following to any SSS branch:
However, retirement pensioners who have existing loans under the Pension Loan Program (PLP) cannot avail of the three-month advance pension.
“Through this SSS Calamity Assistance Package, we can offer immediate financial aid to our members and pensioners as they try to recover from the effects of the recent earthquake,” Regino said.
18 August 2022