SSS extends deadline for loan, contribution payments due to lockdown

Arianne Merez, ABS-CBN News

Posted at Mar 30 2020 02:33 PM | Updated as of Mar 30 2020 03:36 PM

Members at the Social Security System (SSS) main office in Quezon City. Jonathan Cellona, ABS-CBN News/File

MANILA- The Social Security System said Monday it would extend the deadline for contributions and loans due to the coronavirus lockdown in Luzon.

Contributions for February, March, and April can be paid until June 1 without any penalties, said SSS president and CEO Aurora Ignacio. The policy covers all regular and household workers.

Loan payments for March and April can be paid until May, Ignacio said. This includes salary loans, calamity loans, emergency loans, and educational loans, she said.

Should the enhanced community quarantine of Luzon go beyond April 12, Ignacio said the SSS would also extend the deadline for loan payments.

"Kung sakali man ho ma-extend ang ating quarantine period magdadagdag po tayo ng month pa para ma-extend pa [ang payment deadline]," she said.

(If the quarantine period will be extended, we will add another month for the further extension of loan payments.)

Pension for SSS members for the month of April has been released and will be fully available by the first week of the month, Ignacio said.