Good news para sa mga hindi pa naka-avail ng SSS Loan Condonation program, puede ka pang humabol!
Extended ang SSS Loan Condonation program until April 1, 2019!
This was announced on September 28, 2018 by SSS President and Chief Executive Officer Emmanuel F. Dooc through SSS Circular 2018-019. The same guidelines applied in the previous loan condonation program will be implemented.
Puedeng ito na ang last SSS loan condonation program bago ka mag-retire, so dapat mag-avail ka na, kasi wala tayong kawala sa SSS loan natin. Kukunin at kukunin ng SSS ang bayad ng loan.
When it’s time to file your retirement claim, at hindi mo pa nabayaran ang iyong loan, kukunin muna ng SSS ang montly pension mo from month to month hanggang mabayaran in full yong loan mo na lumaki na nang husto dahil sa interests and penalties.
At kung lumaki na nang husto ang loan natin, baka hindi na natin maranasang mag-pension!
Mag-apply ka na habang konti pa ang applicants, at hindi pa super haba ang pila, at malayo pa ang Oct 1 deadline. Application started on April 2, 2018.
Are you qualified to apply?
Yes, kapag ang SSS loan mo ay delinquent na for 6 months or more, and you lived or worked in an area when that area suffered a calamity, like Ondoy, at mababayaran mo ang restructured loan mo before you turn 65.
See below the list of calamities considered.
Puede ka ring mag-apply kung pa-retire ka na at meron kang loan, or mag-permanent disability claim ka at meron kang loan, or ang death claim mo ay merong loan, basta hindi pa na-process yong claim mo. Kelangan din na yong date of retirement, or date of death or permanent disability ay on or before October 1, 2018.
Kapag naka-avail ka na ng SSS loan condonation noong April 2016 to April 2017, at hindi mo itinuloy ang pagbabayad, sorry, hindi ka na raw qualified to apply under the 2018 loan condonation program.
Anong SSS loans ang puede?
- Salary Loan
- Calamity Loan
- Salary Loan Early Renewal Program (SLERP)
- Emergency Loan
- Educational Loan (old)
- Study Now Pay Later Plan
- Vocational-Technical Course Loan
- Y2K Loan
- Investments Incentive Loan
What documents are required?
Good news at tinanggal na yong Affidavit of Residency na requirement! Palakpakan ang SSS.
Isinama na lang siya sa form at hindi na kailangan ang notarization. Ganyan, SSS, mag-isip ng makakagaan sa member.
- One primary ID or two secondary IDs
- Loan Restructing Application form (SSS form ito)
Fill up this form in CAPITAL LETTERS, PRINTED style, with BLACK INK
- Statement of Loan Balances (from SSS), usually yong SSS officer na ang magpi-print nito kapag complete na yong other requirements mo
Later on, with the SSS officer, pipirma ka ng:
- Member Data Change Request
- Promissory Note
- Schedule of your Monthly Installments
at bibigyan ka ng:
Can I ask my authorized representative to file for me?
Yes. Your representative needs to file this LOA: Letter of Authority (SSS form)
and to present one primary ID or two secondary IDs
Thank you, SSS, na LOA na, at hindi na SPA, which is expensive for OFWs to procure and send.
Ondoy — 2009
Sendong — 2011
Pedring and Quiel — 2012
Pablo — 2012
Labuyo — 2013
Maring — 2013
Santi — 2013
Armed Conflict in Zamboanga — 2013
Bohol and Cebu Earthquake — 2013
Yolanda — 2013
Agaton — 2013
Glenda — 2014
Mario — 2014
Ruby — 2014
Seniang — 2014
Lando — 2015
Nona — 2015
Dapat na-declare ng NDRRMC or the National Government na under state of calamity yong lugar mo when the calamity happened.
Pagpapaliwanag: Dapat ang title ng post ko ay SSS Loan Penalty Condonation program, kasi yong penalties lang ang kino-condone o pinapatawad ng SSS, kaya lang Loan Condonation kasi ang nakagawian na nating sabihin.
Hindi ba talaga kasali ang Stock Investment Loan at Privatization Fund Loan Program?
Sorry, hindi kasali. Ang program for you is Option to Sell Shares of Stock Program. Ito yong mga forms: Application for Option to Sell Shares of Stock Program and Special Power of Attorney authorizing SSS traders to sell your shares of stock.
Kung merong matira sa sales proceeds, ibabayad sa ibang loans mo. Kung meron pang matira, ibibigay sa iyo.
Kung kulang ang sales proceeds na pambayad sa SILP loan mo, kailangan pa rin na babayaran mo yong balance. If left unpaid, this balance will have interests and penalties.