As typhoon Carina continue its onslaught, approximately 21 death counts from Metro Manila, Central Luzon, and Calabarzon was disclosed by the Philippine National Police (PNP).
The PNP also tallied six injured people in Rizal, while two are reportedly missing.
As part of its program, the Social Security System (SSS) hopes to extend a financial help through a calamity loan assistance.
The calamity loan assistance shall be available for SSS members who were affected by typhoon Carina provided that they possess certain eligibility criteria set by SSS.
The calamity loan assistance shall be equivalent to their one monthly salary credit or may be up to a maximum amount of Php20,000.
According to the announcement, the calamity loan assistance will be offered to affected members in the National Capital Region (NCR).
Additionally, the calamity loan assistance will also be offered to members in the areas that will soon be declared under state of calamity.
To qualify for the calamity loan assistance, typhoon-affected members must fulfill the qualifications bulleted below:
- have at least 36 monthly contributions, 6 of which must be posted within the last 12 months before the month of filing of application;
- be living or residing in the declared calamity area;
- be below 65 years old at the time of loan application;
- have no final benefit claim such as permanent total disability or retirement;
- have no past due SSS Short-Term Member Loans;
- have no outstanding restructured loan or calamity loan.
If the SSS member’s application was approved, the calamity loan assistance will reflect to the member’s registered Unified Multi-Purpose Identification (UMID)-ATM Card or their active accounts with a Philippine Electronic Fund Transfer System and Operations Network (PESONet) participating bank.
Under the calamity loan assistance program, members could pay the calamity loan within two years or 24 equal monthly installments which shall accrue an annual interest rate of 10 percent.
All interested members who want to avail the calamity loan assistance may apply to the program by using their My.SSS account via www.sss.gov.ph.
Source: Social Security System (SSS)
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