WebSSS. Last October 2024, the Social Security System (SSS) launched a new penalty condonation program that aims to aid its members in paying their past-due loans. As part … WebCurrently, SSS offers the “contribution penalty condonation, delinquency management and restructuring,” program for business employers and the “contribution penalty condonation …
APPLICATION FOR CONTRIBUTION PENALTY …
WebContribution Penalty Condonation, Delinquency Management & Restructuring Program (CPCoDe MR Page 3 of 7. SECTION 9. Financial Evaluation Criteria — The financial status … WebNov 4, 2024 · Ignacio said the he PRRP4 or Housing Loan Restructuring and Penalty Condonation Program lets “qualified SSS housing loan borrowers, successors-in-interest, and legal heirs may pay the outstanding principal, interests, insurance dues and legal expenses of their SSS housing loans in full within 90 calendar days from the receipt of the … the age address
SSS Loan Restructuring Program: Application Requirements and
WebUnder the SS Law, employers who failed to register their employees or have not deducted and remitted their employees’ contributions will be penalized with a fine of P5,000 to P20,000 and face imprisonment ranging from six years and one day to 12 years. Currently, SSS offers the Contribution Penalty Condonation, Delinquency Management and ... WebSSS launched the LRP with condonation program last April 2 and has since collected more than P2 billion income from nearly 300,000 availees for the first five months of implementation. From April 2 to August 31, SSS was able to condone P4.3 billion penalties, resulting in restructured loans amounting to P4.9 billion. WebNov 16, 2024 · By SSS. QUEZON CITY -- Member-borrowers with past due short-term loans may apply for the Social Security System’s (SSS) Penalty Condonation Program via online using their My.SSS accounts starting November 15, 2024 up to February 14, 2024. SSS President and Chief Executive Officer Aurora C. Ignacio said that the Short-term Member … the frontline korean movie