SSS Loans — Full List of Offers Members May Apply For

Guide on the SSS Loans For the Members

SSS LOANS – Here is a full list of the loan offers that the members of the Social Security System may apply for.

In the Philippines, one of the giants in term of social insurance is the Social Security System or more popularly called SSS. It has millions of members from across the nation as well as Filipino members who are working abroad.

The SSS member populace includes locally-employed individuals in the private sector, self-employed individuals, overseas Filipino workers (OFWs), kasambahay, non-working spouses of SSS members, and voluntary members. The following are under a compulsory coverage:

  • Employer (Business or Household Employer)
  • Employee
  • Self-Employed
  • Househelper or Kasambahay
  • Overseas Filipino Workers (OFW) (land-based and sea-based, except for Filipino permanent migrants, including Filipino immigrants, permanent residents, and naturalized citizens of their host countries, who may be covered on a voluntary basis)

The non-working spouses of SSS members and the separated members are under a voluntary coverage by the state-run social insurance agency. To maintain an updated account, the SSS members submit a monthly contribution to the state entity.

The SSS contribution rates may vary depending on the employment status of the member and the amount of the monthly contribution. An updated account may qualify a member to the SSS loans and the benefits provided by the state-run social insurance giant. The benefit offers includes the following:

  • Sickness Benefit
  • Disability Benefit
  • Maternity Benefit
  • Employee’s Compensation Program Benefits
  • Unemployment Benefit
  • Retirement Benefit
  • Death Benefit
  • Funeral Benefit

There are three (3) main SSS loans that members may apply for — the SSS Salary Loan, the SSS Housing Loan, and the SSS Calamity Loan.

Among the SSS loans, the offer that is the most flexible is the SSS Salary Loan offer. It can attend to many different needs and is equipped with the best features.

SSS Salary Loan

Undeniably, while the Salary Loan offer is so popular, the state-run social insurance giant also has a not-so-popular offer — the SSS Housing Loan. It can be the financial solution that you are looking for.

SSS Housing Loan

The Social Security System wants to make sure that its members have something to turn to during instances when a natural disaster left their place in a State of Calamity. It launched the SSS Calamity Loan offer.

SSS Calamity Loan

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