SSS Training for Employer-Members
(SSSTEM) Program
MODULE 5:
SS Loan Programs
© SSS Member Education Department
Outline LOAN REPORTING,
BILLING, AND PAYMENTS
➢Real-Time Processing of Loans (RTPL) – PRN
➢Consolidated Loan with Condonation
of Penalty
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© SSS Member Education Department
Short-Term Loans
Salary Loan
Salary Loan
With at least 36 (1-month loan)
/ 72 (2-month loan) monthly
contributions, 6 of which paid
within 12 months prior to loan
application
Qualifying Conditions and Loan Amount
NOTE: The net amount of the loan shall be the difference between the approved
loan amount and all outstanding balance of short-term member loans.
50% of the original
principal amount
50% of the term has lapsed
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© SSS Member Education Department
SSS Circular No. 2022 – 015
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© SSS Member Education Department
Other Terms and Conditions
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© SSS Member Education Department
Other Terms and Conditions
PRIORITY OF PAYMENT:
1st Priority
2nd Priority
3rd Priority
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© SSS Member Education Department
Loan Application via
[Link] Account
(SALARY LOAN)
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© SSS Member Education Department
LOANS Menu – Apply for Salary Loan
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© SSS Member Education Department
Terms and Conditions
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© SSS Member Education Department
Disclosure Statement
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© SSS Member Education Department
Loan Application
via SSS Mobile App
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© SSS Member Education Department
Salary Loan Application via SSS Mobile App
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© SSS Member Education Department
Short-Term Loans
Educational
Salary Loan Calamity Loan Pension Loan
Loan
Short-Term Loans
Calamity
Loan
Calamity Loan
A loan program offered to
members residing in NDRRMC-
declared calamity areas; with at
least 36 monthly contributions
(recency also required)
Service Fee, Interest Rate, and Penalty
10%
per annum
1%
per month
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© SSS Member Education Department
Loan Application via
[Link] Account
(CALAMITY LOAN)
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© SSS Member Education Department
Calamity Loan Application via [Link]
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© SSS Member Education Department
Short-Term Loans
Educational
Salary Loan Calamity Loan Pension Loan
Loan
Short-Term Loans
Educational Loan
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© SSS Member Education Department
Educational Loan
Degree Course: max. of P20,000
per semester, trimester, quarter term
or full amount of
tuition/miscellaneous fees,
whichever is lower
Educational Loan
Vocational/Technical Course:
max. of P10,000 per semester,
trimester, quarter term or full
amount of tuition/miscellaneous
fees, whichever is lower.
Covered Beneficiaries
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© SSS Member Education Department
Qualifying Conditions: First – time Borrower
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© SSS Member Education Department
Qualifying Conditions: Subsequent Applications
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© SSS Member Education Department
Documentary Requirements
EXISTING EALP MEMBER-BORROWER
FIRST-TIME BORROWER
(Subsequent Applications)
▪ Valid identification cards/documents ▪ Valid identification card/s documents
▪ Accomplished EALP Application Form ▪ Accomplished EALP Application Form
▪ Current school’s assessment/billing ▪ Assessment/billing statement issued by the
statement school of beneficiary
▪ Proof of monthly salary/income of
member-borrower
▪ Proof of relationship to beneficiary, if
applicable
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© SSS Member Education Department
Eligible Courses and Schools
Institutions duly recognized by the Government of the Philippines
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© SSS Member Education Department
Loan Amount
DEGREE COURSE VOC/TECH COURSE
▪ For a 4-year degree program or its ▪ For a semester program, the
equivalent, the maximum no. of maximum no. of availments shall
availments shall be: be:
• 8 semesters;
• 12 trimesters; • 4 semesters; or
• 16 quarters; or • maximum of ₱40,000 full
• maximum of ₱160,000 full allocation allocation
▪ For a 5-year degree program or its ▪ For trimester program, the
equivalent, the maximum no. of maximum number of availments
availments shall be : shall be :
▪ 10 – semesters ▪ 6 – trimesters or
▪ 15 – trimesters ▪ Maximum of P 60,000
▪ 20 – quarters or full allocation
▪ Maximum of P 200,000 full allocation
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© SSS Member Education Department
Repayment Terms
This is determined upon consolidation of the accounts in accordance with the
following, whichever is shorter:
PRINCIPAL LOAN TERM
a) Preferred term of member-
borrower as per initial EALP ₱20,000 or below 1 year
Application.
₱20,001 to ₱40,000 2 years
b) Scheduled term based on the ₱40,001 to₱60,000 3 years
principal loan, as shown in the
table. ₱60,001 to ₱80,000 4 years
More than ₱80,000 5 years
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© SSS Member Education Department
Application Process
Release of the EALP check Notification thru text or e-
to the member-borrower by mail once the check is
the MSS of the branch ready for pick up
Submission of accomplished EALP
Form and supporting documents to Issuance of a Disclosure
the nearest SSS office Statement and
Acknowledgement Stub to
the member-borrower after
the evaluation of application
form
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© SSS Member Education Department
Short-Term Loans
Educational
Salary Loan Calamity Loan Pension Loan
Loan
Short-Term Loans
Pension Loan
Pension Loan
3× (BMP + P1,000) up to 12× (BMP +
P1,000), but not to exceed P200,000
for active regular SSS pensioners not
over 85 years old; with no current
deductions on pensions
Eligibility
✓Must have a [Link] account
✓Must have a current and
active mobile number
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© SSS Member Education Department
Eligibility
✓Must have at least one of the following:
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© SSS Member Education Department
Manner of Filing
1 PERSONAL FILING
Submit of the following documents to any
SSS branch:
✓ Accomplished Pension Loan Application
Form; and
✓ SS ID or UMID Card and other
government issued IDs/documents with
photo and signature.
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© SSS Member Education Department
Manner of Filing
2 e-FILING
✓ [Link] Facility
✓ SSS Mobile App (soon)
✓ SSS Self-Service Express Terminal (soon)
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© SSS Member Education Department
PLP APPLICATION thru [Link]
oa 47.25 %
BMP
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© SSS Member Education Department
PLP APPLICATION thru [Link]
Crediting
of Pension Loan
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© SSS Member Education Department
Pension Loan Renewal
Loan
Reapplication
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© SSS Member Education Department
Submission of LCL Under the
Real-time Processing of Loan
(RTPL)
© SSS Member Education Department
Where to Get PRN
[Link] Web Portal SSS Branches SSS Mobile App
(available soon)
i. Individual Member- i. SSS Self Service Express
Borrower Terminals (SETs)
ii. Employer ii. E-Centers
iii. Over-the-Counter
© SSS Member Education Department
SSS
Payment
P
R
posted
N
© SSS Member Education Department
• FOR EMPLOYERS
• Regular Employer
• Household Employer
© SSS Member Education Department
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© SSS Member Education Department
Preparation of LCL – Employer
© SSS Member Education Department
Preparation of LCL – Employer
© SSS Member Education Department
Employer (ER) PRN Loans Facility
ONLINE FEATURES
[Link] LCL
• ER edits the “Amount To be Paid” for
each employee in the provided LCL.
[Link] record
• ER adds another or new employee in the
existing LCL.
[Link] New LCL
• ER creates a partial LCL from the original
LCL issued by selecting from the list of
employees (splits LCL).
OFFLINE FEATURES
[Link] LCL
• ER can download the LCL (in excel
format) and work offline.
[Link] LCL
• ER can upload the LCL (in excel format).
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
Part III – Pre-Billing/Newly
Added Records
© SSS Member Education Department
© SSS Member Education Department
ONLINE FEATURES
• Edit LCL
• ER edits the “Amount To be Paid” for
each employee in the provided LCL.
• Add record
• ER adds another or new employee in
the existing LCL.
• Create New LCL
• ER creates a partial LCL from the
original LCL issued by selecting from
the list of employees (splits LCL).
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
© SSS Member Education Department
© SSS Member Education Department
© SSS Member Education Department
10.12
© SSS Member Education Department
© SSS Member Education Department
© SSS Member Education Department
© SSS Member Education Department
© SSS Member Education Department
AFTER ADD RECORD
PRIOR TO ADD RECORD
© SSS Member Education Department
© SSS Member Education Department
ONLINE FEATURES
• Edit LCL
• ER edits the “Amount To be Paid” for
each employee in the provided LCL.
• Add record
• ER adds another or new employee in
the existing LCL.
• Create New LCL
• ER creates a partial LCL from the
original LCL issued by selecting from
the list of employees (splits LCL).
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
© SSS Member Education Department
© SSS Member Education Department
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
NEWLY CREATED
(PARTIAL) LCL
PRN SOURCE OF THE
“CREATE LCL”
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
The newly created LCL now has a PRN of its own.
ABC COMPANY
Address 1
Address 2
ID Number 01-2345678-9-000
© SSS Member Education Department
OFFLINE FEATURES
[Link] LCL
• ER can download the LCL
(in excel format) and work offline.
[Link] LCL
• ER can upload the LCL
(in excel format).
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
© SSS Member Education Department
© SSS Member Education Department
© SSS Member Education Department
© SSS Member Education Department
INSTRUCTIONS PROVIDED IN
THE EXCEL
© SSS Member Education Department
If employer failed to validate the data first prior to saving
© SSS Member Education Department
If LCL contains invalid data or error after validation
© SSS Member Education Department
Employer to correct the error/invalid entries
© SSS Member Education Department
Message prompt if LCL contains valid entries
Click
validate
everytime
there’s a
change in
record
© SSS Member Education Department
© SSS Member Education Department
Red highlight will prompt if newly added record already exist
© SSS Member Education Department
© SSS Member Education Department
All entries are valid. Don’t forget to save the file
© SSS Member Education Department
OFFLINE FEATURES
[Link] LCL
• ER can download the LCL
(in excel format) and work offline.
[Link] LCL
• ER can upload the LCL
(in excel format).
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
01-2345678-9 –
000
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
ABC COMPANY
Address 1
Address 2
ID Number 01-2345678-9-000
© SSS Member Education Department
P 500.00
PRN
PRN Payment
to SSS
tellering
or compliant
collecting
partners
© SSS Member Education Department
Payment Channels
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© SSS Member Education Department
Once payment has been posted,
the member will be notified via his/her
registered mobile number and/or e-mail
address
SSS
Payment
posted
Posting of
Paid PRN
© SSS Member Education Department
Sample Notifications
abcxyz@[Link]
ABC COMPANY
employer’s email
© SSS Member Education Department
Sample Notifications
member-borrower’s email member-borrower’s SMS
03xxxxxx01 Your
(Loan Type) payment
for
P 999,999.00 on
MM/DD/YY with
Payment Ref. No.
TMYY9999999999 has
been posted. Log in to
your [Link] account
for details.
© SSS Member Education Department
ABC COMPANY
ID Number 01-2345678-9-000
Novaliches Branch
© SSS Member Education Department
ABC COMPANY
01-2345678-9-000
© SSS Member Education Department
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© SSS Member Education Department
Coverage
SALARY CALAMITY
LOAN
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© SSS Member Education Department
Payment Terms
1. ONE-TIME PAYMENT
➢ Full payment of the Consolidated Loan within 30 CALENDAR
DAYS from receipt of the notice of approval of the
Consolidated Loan Program Application.
❖ Payment term for Consolidated Loan amount of up to
₱5,000 shall be One-Time Payment only.
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© SSS Member Education Department
Payment Terms
2. INSTALLMENT TERM
a. Down payment of at least 10% of the Consolidated Loan
amount within 30 calendar days from receipt of the notice of
approval of the Consolidated Loan Program Application.
However, a higher percentage of the Consolidated Loan may
be elected as down payment.
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© SSS Member Education Department
Payment Terms
b. The remaining balance shall be payable in equal
monthly amortization based on loan range below:
Consolidated Loan
Maximum Term
Remaining Balance
Above P 5,000 to P 10,000 6 months
P 10,001 to P 18,000 12 months
P 18,001 to P 36,000 24 months
P 36,001 to P 54,000 36 months
P 54,001 to P 72,000 48 months
More than P 72,000 60 months
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© SSS Member Education Department
Other Policies and Conditions
LOAN DEFAULT
1. Failure to pay in full the agreed down payment within the
approved period
2. Non-payment of obligation equivalent to more than six
accumulated monthly amortizations
3. Failure to pay in full the approved installment plan within the
approved term
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© SSS Member Education Department
Other Policies and Conditions
4. Commission of any fraudulent acts or violation of any regulations
and guidelines against the Social Security System (SSS)
❑ The full amount of the defaulted Consolidated Loan, including the uncondoned
portion of the penalty, shall become due and demandable and must be paid in
full without need for demand or notice.
❑ The member-borrower shall be allowed to re-apply to another Consolidated Loan
Program to continuously enjoy waiver of penalty, subject to applicable sanction
on loan renewal. The defaulted account shall be closed and a new Consolidated
Loan account shall be setup.
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© SSS Member Education Department
Other Policies and Conditions
5. In the event of default, the outstanding balance of the
Consolidated Loan, composed of unpaid principal and interest,
shall be collected from the member-borrower through deduction
from any benefit that will be due to him/her, or his/her
beneficiary/ies, that shall include short-term benefits (sickness,
maternity and partial disability) and final benefit (retirement, total
disability or death), as authorized by the SSC.
6. Any remaining unpaid balance of the defaulted Consolidated
Loan shall continue to accrue applicable interest and penalties
until fully settled.
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© SSS Member Education Department
Loan Renewal
months
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© SSS Member Education Department
Conso Loan Application thru [Link]
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© SSS Member Education Department
For One-Time Payment
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© SSS Member Education Department
For Installment Plan
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© SSS Member Education Department
Copy of the Notice of Approval has been sent to your e-mail address.
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© SSS Member Education Department
Responsibilities of Employer
➢ Collect loan amortization, through payroll deduction,
and remit to the SSS
➢ Deduct from any benefit/s due to a separated
employee the total balance of loan and remit in full to
the SSS
➢ Report to the SSS the effective date of separation of an
employee
➢ Require a new employee to secure from the SSS an
updated SOA of his/her loan
➢ Deduct and remit to SSS any outstanding loan balance
of new employee
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© SSS Member Education Department
Responsibility of a Member-Borrower
Submit an updated statement of
account of any outstanding loan
balance with SSS to his/her new
employer and allow the latter to
deduct from his/her salary the
corresponding amortization due,
including any interest/or penalty for
late remittance.
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© SSS Member Education Department
USSSAP TAYO PORTAL
[Link]
FOR SEMINAR REQUESTS:
member_education@[Link]
0998 965 7009
EC Program
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© SSS Member Education Department
End of Presentation.
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© SSS Member Education Department