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<center>[[Catanduanes Province, Philippines|<font size=4>'''Province of Catanduanes'''</font>]] - [[Catanduanes Archived News|<font size=4 color=green>'''Archived News'''</font>]]</center> | <center>[[Catanduanes Province, Philippines|<font size=4>'''Province of Catanduanes'''</font>]] - [[Catanduanes Archived News|<font size=4 color=green>'''Archived News'''</font>]]</center> | ||
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==SSS urges members to avail loan condonation program== | |||
*Source: http://pia.gov.ph/news/index.php?menu=2&webregion=R05&article=841334829730 | |||
*By: PIA | |||
*''April 20, 2012'' | |||
VIRAC, Catanduanes- The Social Security System (SSS) provincial office here encourages its members to avail of the condonation program for loans from the agency. | |||
SSS Catanduanes branch manager Divina Avila said the amnesty program gives members the chance to settle their unpaid accounts without paying the full penalty that covers overdue salary, calamity, emergency, educational, study-now-pay-later, stock investment and privatization fund loans. | |||
The program, according to Avila, started last April 2, 2012 and is open to all employees, self-employed workers and voluntary members with overdue loans. | |||
She said the terms and requirements for applicants will depend on the type of delinquent borrower. | |||
Avila said that one can avail full condonation of penalties if he or she has at least three contributions within the last six months before the month of application and must have proof of deducted loan amortizations such as pay slips, company certification and notarized affidavits. | |||
The SSS member can pay the loan principal and interest in full or avail the three-year installment payment scheme with an annual interest rate of 3 percent. | |||
Deadline for applications will be on September 30 while beneficiaries of borrowers who passed away without settling their delinquent obligations can apply until March 30, 2013. | |||
SSS office here is also advising the public to avail it now since there is no assurance whether said program will be implemented again in the future. | |||
==Doppler radar facility to benefit local studes== | ==Doppler radar facility to benefit local studes== | ||
*Source: http://pia.gov.ph/news/index.php?menu=2&webregion=R05&article=841334732688 | *Source: http://pia.gov.ph/news/index.php?menu=2&webregion=R05&article=841334732688 | ||