THE Social Security System (SSS) reminds qualified retireepensioners who would like to renew their loans under the Pension Loan Program (PLP) to submit their applications online through the My.SSS Member Portal.

SSS President and Chief Executive Officer Aurora Ignacio said the online facility for the PLP was added in the said portal since September 2020 to provide an easier and safer channel for SSS pensioners to benefit from the loan program.

“For the most part of the first quarter of 2020, those who would want to apply for the PLP can easily do so through our branches. But the first quarter of this year was a different story. Quarantine restrictions are imposed to limit the spread of Covid-19,” Ignacio said.

Qualified to use the online application method for PLP are SSS retiree-pensioners who met the qualifying conditions for the program. These include 85 years of age or below at the end of the month of their loan term; no deductions (outstanding loan balance, benefit overpayment, etc.) from their monthly pension and existing advance pension under the SSS Calamity Assistance Package; holds a Unified Multi-Purpose Identification card enrolled as an ATM card (UMIDATM) or Union Bank of the Philippines (UBP) Quick Card as disbursement accounts; and receives a regular monthly pension for at least one month, and the status of pension is “Active.”

Excluded from the PLP are retiree-pensioners under the Portability Law and those under the care and custody of a guardian.

Moreover, applicants who would use the online method must have a My.SSS account on the SSS website www.sss.gov.ph and a current and active mobile number registered with the SSS.

For more information, follow the SSS on Facebook and YouTube at Philippine Social Security System, Instagram at mysssph, and Twitter at PHLSSS, or join its Viber Community at MYSSSPH Updates.