Seafarer:Voluntary SSS Loan
Last November 2011 my mom had a vacation here in The Philippines and one of her to do list was to file her SSS retirement as she is now on her 60's so it's about time to claim her pension. Unfortunately, she discovered that somebody used her SSS and filed a loan under her name way back 1994, on that year my mom was working abroad as OFW. It was really a big joke, could you imagine how much the penalty of the loan? It reaches over P50,000+++. Luckily SSS offers loan penalty condonation program today where you can settle your account at a minimal range depending on the reason behind the member's loan delinquency. Last January 16, 2012 clueless i went to SSS to try if i could file a loan as a seafarer, as a result of the the above story. My mom now is encouraging me to make a loan on SSS before somebody else uses it! Yes as a seafarer we are entitled to pay our monthly SSS, Philhealth, and HDMF(Pag-ibig) contributions as a deduction to our allotment. Seafer...