SSS eyes loan relief, penalty condonation



President Ferdinand R. Marcos Jr. on Monday touted the government’s housing initiatives, saying more than 500,000…

Marking 70 years of diplomatic relations, the Japanese Embassy on Saturday sent off more than 120 Filipinos bound for…
Every classroom and learning space in the new building was thoughtfully designed to meet the needs of both students and…

Every home awarded, Aliling said, gives Filipino families not only shelter but also security, stability and the…

The Armed Forces of the Philippines (AFP) will expand its Direct Commission Program to recruit highly skilled…
The Social Security System (SSS) on Sunday said it is studying the feasibility of offering a loan moratorium for members and a condonation program for contribution penalties for employers as relief measures amid economic challenges.
SSS president and CEO Robert Joseph M. de Claro said the proposed measures aim to provide immediate relief to members and employers facing financial difficulties, allowing continued access to benefits without added burden.
The SSS is also evaluating options to extend contribution payment deadlines for employers and individual paying members to provide greater flexibility.
“We recognize the hardships many Filipinos are enduring,” De Claro said. “SSS remains committed to protecting the welfare of our more than 40 million members.”
He added that the agency is expediting internal reviews and consultations with stakeholders to roll out support measures while safeguarding the long-term sustainability of the fund.
De Claro said the SSS is also pursuing digital initiatives to simplify processes, reduce compliance burden, and ensure timely delivery of services.