By CHINO S. LEYCO
State-run Social Security System (SSS) has reminded its members wishing to avail of salary loan that they should register and apply through the pension fund’s online facility My.SSS.
“In line with our commitment to make our services readily available to our members anytime and anywhere right at their fingertips, we are reminding our members that the salary loan is now available via online application through the My.SSS facility,” Aurora C. Ignacio, SSS president and chief executive said.
“For our members who have been availing of the salary loan since 2011, especially for employed members, it is not a new thing for them as they already have the option to apply for this privilege through their My.SSS account or through any SSS branch nationwide,” she added.
As stated in SSS Circular 2019-014 and approved by the Social Security Commission (SSC), the policy-making body in SSS, all members who wish to avail of the salary loan are now required to register on the My.SSS online facility and submit their application online.
“Our members need not visit the physical branch just to file their loan application. All they have to do is register on the My.SSS facility if they are not registered yet and select the salary loan application,” Ignacio said.
"For self-employed, voluntary and overseas Filipino workers (OFWs), the processing of the loan starts right after the submission of the application while for employed members, their employer must certify the loan application through My.SSS facility for the loan to be processed,” she added.
Ignacio said once the loan application was approved, the member will immediately receive a confirmation text and email from SSS notifying him of the status of his application.