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Friday, May 3, 2024

SSS sets calamity aid to ‘Odette’ victims

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The Social Security System is offering a calamity assistance package to members and pensioners affected by typhoon “Odette” starting Jan. 14.

SSS president and chief executive officer Aurora Ignacio said the calamity assistance package consists of the calamity loan assistance program (CLAP) and direct house repair and improvement loan for members, and the three-month advance pension for pensioners in areas affected by “Odette” as declared by the National Disaster Risk Reduction and Management Council.

Members and pensioners in MIMAROPA, Western Visayas, Central Visayas, Eastern Visayas, Northern Mindanao, CARAGA, and the other areas that may be declared by the NDRRMC to be under the state of calamity due to typhoons, can avail of the SSS calamity assistance package.

“It is unfortunate that the recent typhoon affected the daily lives and livelihood of our members and pensioners in these several areas. Through the SSS calamity assistance package, we can extend financial aid to our members and pensioners as they try to recover from the effects of the recent typhoon,” Ignacio said. Rio N. Araja

SSS offers the CLAP for its members and a three-month advance pension to its pensioners until April 13.

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The direct house repair and improvement loan is open to qualified members for one year upon issuance and effectivity of SSS Circular No. 2021-020.

Under the CLAP, a qualified member can avail of a loan amount equivalent to one-month salary credit computed based on the average of their last 12 monthly salary credits rounded up to the nearest thousand or the amount they applied for, whichever is lower.

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