How to Apply for an SSS Loan Restructuring If You are Unable to Visit an SSS Office

My brother’s SSS account has been in question for quite a few years now due to a salary loan that has remained unpaid since 2009.  I told him about the ongoing loan restructuring program being offered by the SSS and advised him to take some time off from work so he can visit an SSSContinue reading “How to Apply for an SSS Loan Restructuring If You are Unable to Visit an SSS Office”

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7-Step Process when Applying for the SSS Loan Restructuring Program 2018 and Other FAQs

We asked several SS members who have outstanding loan balances with the agency why they chose to ignore the loan condonation program of the SSS last year.  Most of them said that they do not see the need to settle their obligation since the money they borrowed was actually taken from their own SS contributions.Continue reading “7-Step Process when Applying for the SSS Loan Restructuring Program 2018 and Other FAQs”

How To Apply for the SSS Loan Restructuring Program

On Monday, April 2, 2018, the Social Security System (SSS) will once again open its doors to members who with unpaid obligations with the agency.  This is another opportunity that the state-run pension  fund is extending to members to allow them to settle overdue loans and regain their good standing with the SSS to avoidContinue reading “How To Apply for the SSS Loan Restructuring Program”

What to Do if You Have More Than One SSS Number

Norma worked as a private school teacher for 35 years.  Before she reached her 60th birthday, her husband advised her to begin working on her SSS retirement documents just to get a head start.  She was both sorry and thankful that she did; sorry because she discovered a problem that could cost her her entireContinue reading “What to Do if You Have More Than One SSS Number”

Step-by-step Guide in Applying for SSS Loan Restructuring Program

Do you have an outstanding loan with the SSS that is left unpaid for several years now?  Are you worried that the principal and interest rates have accumulated over time and you may not be able to pay the amount anymore? The SSS has good news for you!  They have recently launched the their LoanContinue reading “Step-by-step Guide in Applying for SSS Loan Restructuring Program”