SSS opens on Saturdays to accept applications for LRP
The Social Security System (SSS) announces that 112 local offices and 14 foreign representative offices are open on all Saturdays starting September 8 at 8 A.M. to 5 P.M. to accept Loan Restructuring Program (LRP) applications for members who have past due loans.
LRP is open to all members with past due loans for at least six months as of April 28, 2016 and residing or working in places declared as calamity areas by National Disaster Risk Reduction and Management Council (NDRRMC) or national government. Aside from easier payment terms, LRP has conditional condonation of penalties features.
Members who want to avail of the LRP must submit accomplished application form and affidavit of residency, which they can both secure from SSS offices or download from the SSS website. Application for LRP will be accepted until April 27, 2017.