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  1. Oct 6, 2022 · The Social Security System (SSS) launched on October 4, 2022 a new penalty condonation program that aims to aid its members in paying their past-due loans. SSS President and Chief Executive Officer Michael G. Regino urged members with unpaid short-term member loans to take advantage of the Consolidation of Past Due Short-Term Member ...

  2. Mar 6, 2024 · For those with overdue Social Security System (SSS) loans, now is the time to settle them and clear their financial obligations. On Wednesday, March 6, the SSS said there is an ongoing loan condonation program aimed at waiving penalties accrued by borrowers with outstanding salary, calamity, emergency, and restructured loans.

  3. Aug 11, 2023 · What is the SSS Loan Penalty Condonation Program? The SSS Condonation Program, simply called Conso Loan, allows Filipinos with unpaid SSS loans to settle their outstanding balance under a restructured repayment term.

  4. Mar 7, 2024 · MANILA, Philippines — State-run pension fund Social Security System (SSS) has called on its members with unsettled loans to avail themselves of the agency’s condonation program and clear...

  5. May 13, 2022 · Social Security System (SSS) President and Chief Executive Officer Michael G. Regino urges members with past-due loans to avail of the Short-Term Member Loan Penalty Condonation Program (STMLPCP) or Pandemic Relief and Restructuring Program 5 (PRRP 5) before it ends on May 14, 2022.

  6. Nov 29, 2021 · Member-borrowers with past due short-term loans may apply for the Social Security System’s (SSS) Penalty Condonation Program via online using their My.SSS accounts starting November 15, 2021 up to February 14, 2022.

  7. shall be submitted to SSS within the prescribed period of fifteen (15) calendar days upon receipt of the Social Security System’s Notice of Approval for Contribution Penalty Condonation and Restructuring Program.

  8. Nov 21, 2021 · SSS Loan Penalty Condonation 2021 - All member-borrowers with past due short term member loan/s whether or not the original or previously restructure term has already expired are now encouraged to apply. Application period is from November 15, 2021 to February 14, 2021.

  9. Nov 19, 2021 · The Social Security System (SSS) signed Circular No. 2021-14 last October 29, 2021 which allows SSS member-borrowers to fully settle their outstanding loan balance, composed of principal and interest, with condonation of penalty.

  10. Nov 4, 2021 · MANILA, Philippines—The state-run pension fund Social Security System (SSS) this month will offer four condonation programs, penalty-free, to employers who were unable to remit contributions and members who failed to pay loans amid the harder times wrought by the COVID-19 pandemic.

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