Check here the SSS Pension Loan Requirements & Process for Application
SSS PENSION LOAN REQUIREMENTS 2025 – Here are the qualifications and the steps on how to apply for the loan offer of the Social Security System online.
Many elderly individuals in the Philippines are pensioners of the Social Security System or more popularly called SSS. Many of these people have worked in the private sector before, thus, they are pensioners of the social insurance giant.
The Social Security System has several loan offers for its members aside from the benefit offers. For the pensioners, it has an exclusive loan offer — the SSS Pension Loan. It was crafted to help the retired members of the social insurance giant in their financial needs.
The SSS Pension Loan offer is non-collateral. Below, you can check the SSS Pension Loan requirements for application as well as the process in applying for the loan offer online.
SSS Pension Loan Requirements:
- eighty-five (85) years of age or below at the end of the month of loan term
- without deductions from his/her monthly pension (such as for outstanding loan balance, benefit overpayment payable to SSS, and the like)
- without existing advance pension under the SSS Calamity Assistance Package
- must be receiving his/her regular monthly pension for at least one (1) month, and the status of pension is “active”
- with an approved disbursement account enrolled in the Disbursement Account Enrollment Module (DAEM)
- with updated contact information (cellular/mobile number, email and mailing address)
According to the Social Security System, part of the SSS Pension Loan requirements or qualifications is that the member-borrower must be receiving his/her regular monthly pension for at least one (1) month if the retiree-pensioner availed of the eighteen (18) months advance pension.
SSS Retirement Pensioners under the Portability Law as well as those under the care and custody of a guardian are not qualified under the SSS Pension Loan Program.
How to apply for SSS Pension Loan Online
Step 1 — Log in to your My.SSS Member Account.
Step 2 — Tap/Click Loans > Apply for Pension Loan.
Step 3 — Pick the disbursement account where you want to receive the loan proceeds. In case you have not enrolled a disbursement account for the electronic disbursement of your loan, the application will be automatically rejected. In case you have not yet chosen an account for your Pension Loan disbursement, the “Submit” button will remain disabled.
Step 4 — Pick your preferred Pension Loan amount from the computations displayed on the screen by tapping/clicking the “Submit” button below each computation.
Step 5 — Double-check all the details of your SSS Pension Loan application, then tick the small box on the left side of the “Acknowledgment, Authorization and Agreement” box screen. It means you agree with the amount of Pension Loan as stated in the Disclosure Statement, the deduction of your monthly loan amortization from your monthly pension and the Terms and Conditions of the Pension Loan Program.
Step 6 — The Terms and Conditions of the Pension Loan Program shall appear on the screen. Tap/Click the “I have read and agree to the Terms and Conditions” button to proceed with the application.
Step 7 — Tap/Click the Disclosure Statement and download or print a copy.
Step 8 — Close the Disclosure Statement page to activate the Submit Pension Loan button. Then click “Submit Pension Loan”.
Step 9 — A notification screen will appear on the screen regarding the successful submission of your application for the SSS Pension Loan.
Step 10 — The same notification shall also be sent to your registered email address.
If you are not yet a pensioner of the Social Security System, you have another option — the SSS Cash Loan or Salary Loan offer.