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SSS studies loan moratorium, penalty condonation

07 April 2026

 

SSS personnel take care of members' needs

The Social Security System (SSS) is studying the feasibility of offering a loan moratorium (or a temporary suspension or reduction of loan repayments for a set period of time) for members, and a condonation program for contribution penalties for employers amid the worsening crisis in the Middle East.

Additionally, SSS is evaluating options for extending contribution payment deadlines for employers and individual paying members.

SSS President and Chief Executive Officer Robert Joseph M. de Claro said these measures aim to provide immediate relief to SSS members and employers struggling with financial difficulties.

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"We recognize the hardships many Filipinos are enduring," de Claro said. "SSS remains committed to protecting the welfare of our over 40 million members. We are expediting internal reviews and consultations with stakeholders to roll out these support initiatives as swiftly as possible, while safeguarding the long-term sustainability of the SSS fund."

SSS said updates on these programs will be announced through official channels once finalized. Members and employers are encouraged to visit www.sss.gov.ph or its official social media channels for the latest information on its programs.

 

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