As part of its 59th Anniversary celebration, the Social Security System (SSS) shall open 109 branches on all Saturdays of September to accept Loan Restructuring Program applications from 8:00 am to 5:00 pm starting on September 3.
"We understand that most of our members cannot visit the SSS offices during weekdays given their working schedule so in celebration of our anniversary month, 109 branches will be open on all Saturdays of September to accept LRP applications," SSS Assistant Vice President for Member Loans Department Boobie Angela A. Ocay said.
LRP is open to members with past due loans for at least six months as of April 28, 2016 when the program was launched. Qualified applicants are those who reside or work in a calamity area as declared by the National Disaster Risk Reduction and Management Council (NDRRMC) or the national government. Under the LRP, penalties are condoned as soon as the outstanding principal and interest of the loan is paid.
A total of 54 small, 36 medium, and 19 large SSS branches nationwide were selected to facilitate LRP applications based on their transaction volume. In NCR Operations Group for instance, have designated 43 branches to render services for LRP availment namely Cubao, Deparo, Diliman, Fairview, Kalookan, Malabon, Navotas, Novaliches, Paso de Blas, San Francisco del Monte, Valenzuela, Antipolo, Cainta, Mandaluyong, Mandaluyong-Shaw, Marikina, Marikina-Malanday, Pasig Pioneer, Pasig Rosario, Pasig-Rotunda, San Juan, San Mateo, Tanay, Binondo, Legarda, Manila, Pasay-Roxas Boulevard, Pasay-Taft, Recto, Sta. Mesa, Tondo, Welcome, Alabang, Alabang-Zapote, Las PiAas, Makati-Ayala, Makati-Gil Puyat, Makati-Guadalupe, Makati-J.P. Rizal, ParaAaque, ParaAaque-Tambo, Taguig and Taguig-Gate 3.
Meanwhile, 31 branches in Luzon namely La Union, Cauayan- Isabela, Tuguegarao, Balanga, Dagupan, Tarlac, Angeles, Baliuag, Malolos, Meycauayan, Olongapo, Pampanga, San Jose del Monte, Sta. Maria, Bacoor, BiAan, Calamba, DasmariAas, Lucena, Rosario (EPZA), San Pablo, Batangas, Boac, Calapan, Lemery, Lipa, Odiongan, Puerto Princessa, San Jose Occidental Mindoro, Iriga and Legaspi will also provide special services in four Saturdays of the Anniversary month.
Branches located in Central and Western Visayas namely SSS Cebu, Lapu-Lapu, Mandaue, Tagbilaran, Talisay, Ormoc, Tacloban, Bacolod, Dumaguete, Kabankalan, Victorias, Kalibo, Iloilo-Central, and Roxas are also assigned to process LRP applications in all Saturdays of September.
SSS Butuan, Cagayan de Oro, CDO-Lapasan, Gingoog, Iligan, Ozamis, Valencia, Bislig, Davao, Davao-Ilustre, Digos, Panabo, Tagum, Toril, General Santos City, Kidapawan, Koronadal, Dipolog, Ipil, Pagadian and Zamboanga branches located in Mindanao region will also participate in extending servicing hours for LRP availment.
Members who are residing or working overseas can also visit the nearest SSS foreign offices for LRP availment. "Foreign offices shall put up a special lane to accept and process members' applications as well as to answer their inquiries related to posting of LRP repayments," Ocay added.
The 21 SSS foreign offices are located in Brunei Darrusalam, Hongkong, Kaoshiung, Macau, Malaysia, Singapore, Taipei, Taiwan, London, UK, Milan and Rome in Italy, Abu Dhabi and Dubai in UAE, Al Khobar, Jeddah, and Riyadh in Kingdom of Saudi Arabia (KSA), Bahrain, Kuwait, Oman, Qatar, San Francisco, California and Toronto, Canada.
"Members should bring all the requirements such as identification cards, duly accomplished application form, and affidavit of residency to ensure the smooth processing of applications. These forms are downloadable from our website," Ocay said.
Meanwhile, Ocay also reminded those who already availed their LRP to be diligent in their payments whether they are in full or instalment. "LRP has a conditional waiver of penalties. Penalties shall only be condoned after full payment of LRP balance. If borrower becomes past due again under restructuring, the penalty will not be condoned. " Ocay pointed out.
In related news, SSS is celebrating its 59th founding anniversary with the theme "SSS at 59: Kaagapay at Kabalikat sa Pagbabago". The pension fund emphasizes its continuing reforms to further improve its operations and service delivery to all members and beneficiaries.
SSS Senior Vice President for Luzon Operations Group Josie G. Magana said that all SSS branches will simultaneously conduct the Members' Day on September 1 from 8:00 to 5:00 pm. Free medical services will be provided in selected branches such as monitoring of blood pressure, fasting blood sugar (FBS) and bone scanning. Exciting freebies and raffle prizes shall also be given to lucky visitors.
"Members are very much welcome to celebrate with us our 59 years of providing meaningful social security protection to Filipinos through our array of benefits and privileges," Magana concluded.
Source: Philippine Information Agency