00:00Members of the Social Security System in South Cotabato
00:03called on their members to support their pension loan program.
00:07Sofia Tronos, the PIA SOC Surgeon, was at the center of the news.
00:13Their program is good.
00:15I got good information.
00:19I feel like I'm going to get a loan.
00:23Libertad Bernalte of Coronadal City, South Cotabato,
00:28will avail a pension loan program from the Social Security System, or SSS.
00:33This is after they went through the SSS Pensioners' Day.
00:38This program will give the pensioners a chance
00:42to get financial assistance more easily.
00:46We give assistance to retired pensioners
00:53with a low-interest loan.
00:57It's only 10% interest per annum.
01:01It will be deducted from their monthly pension.
01:06So, we only give a small amount of interest.
01:11The SSS assures that an average of 50%
01:16will be left with their monthly pension.
01:20It won't be deducted from their monthly pension.
01:25Under the pension loan program,
01:27qualified pensioners can borrow up to Php 200,000
01:32for their needs.
01:34From January to June 2024,
01:3794,441 pension loans were approved by the SSS South Mindanao II Division,
01:44or a total of Php 4.34 million.
01:48Sophia Zabatiturnos of PIA Sock Surgeon
01:51for Pambansang TV in Bagong, Philippines.
