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Duterte asks DOH to explain monkeypox 

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President Rodrigo R. Duterte expressed hope that the monkeypox outbreak being reported mostly in Europe would not be as fatal as coronavirus disease 2019 (Covid-19), according to a report by Philippine News Agency. In a prerecorded Talk to the ...

Oil firms hike gasoline prices, cut cost of diesel 

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Oil companies adjusted petroleum prices on Tuesday, according to a report by Philippine News Agency. In separate advisories, Caltex, Cleanfuel, Petro Gazz, PTT Philippines, Seaoil, Shell, and Unioil said they will hike gasoline prices by PHP3.95 per...

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1,423 Muntinlupa residents receive second booster shots 

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The Muntinlupa City government has administered second booster shots to more than 1,400 individuals, according to a report by Manila Bulletin. The Department of Health (DOH) has allowed the administration of second booster shots using Pfizer-Bi...

Metro News

SSS loan condonation program to last until May 14

account_balanceMetro News account_circleRyan Chua chat_bubble_outline0 Comments

Social Security System (SSS) President and Chief Executive Officer Michael G. Regino urges members with past-due loans to avail of the Short-Term Member Loan Penalty Condonation Program (STMLPCP) or Pandemic Relief and Restructuring Program 5 (PRRP 5) before it ends on May 14, 2022.

As part of the Pandemic Relief and Restructuring Programs, PRRP 5 is being offered by SSS since November 15, 2021 to provide financial relief to its pandemic-hit members. Outstanding loan principal and interest may be settled either through one-time full payment or installment term while the accumulated penalties will be waived upon full payment of the restructured loan.

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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.

“We want our members to gain back their good standing with SSS through this condonation program that offers affordable and flexible payment terms. Also, they can conveniently submit their application online through their My.SSS account,” Regino said

Further information on the penalty condonation, payment schemes, and other terms and conditions can be accessed through this link https://bit.ly/3kB4Ao8.


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