SSS LAUNCHES LOAN CONDONATION PROGRAM FOR INDIVIDUAL MEMBERS
Friday 23rd of March 2012
CATBALOGAN CITY, Samar, Mar. 23 (PIA) -- The Social Security System (SSS) will waive penalties from unpaid loans by delinquent individual member-borrowers.
In a press release penned by SSS-Catbalogan branch head Niceta Carretas, starting April 2 until September 30 of this year under SSS Circular Number 2012-005, the agency will be condoning penalties of unpaid loans by member-borrowers that are subject to the conditions and requirements set.
For the beneficiaries of deceased member-borrowers, deadline for availing the program is on March 13, 2013.
The circular lists four specific situations in which a member borrower or beneficiaries c...
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