SSS opens loan assistance for Covid-19-affected members – The Manila Times

SSS opens loan assistance for Covid-19-affected members

ABOUT 1.74 million members of the Social Security System affected by the coronavirus disease 2019 can borrow up to P20,000 from the state pension fund.

“We recognize that the impact of Covid-19 is greater than other calamities we have faced in the past. With that in mind, we have extended the payment term of this particular CLAP to 27 months, inclusive of a three-month moratorium period, and have lessened the interest rate to six percent per annum,” Ignacio said.

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