THE Social Security System (SSS) announced last Thursday it will open two financial assistance lines to members and pensioners in areas affected by Supertyphoon Karding (international name: Noru).
SSS President and CEO Michael G. Regino said these programs are the Calamity Loan Assistance Program (Clap) for members and the 3-month advance pension (Tmap) for SS and Employees’ Compensation (EC) pensioners.
Under the Clap, members may avail of a loan equivalent to the average of their last 12-monthly salary credit or the amount they applied for, whichever is lower. For the Tmap, the proceeds will be based on the amount of the pensioner’s monthly pension.
Regino said the programs would be offered to members and pensioners in areas to be declared under a state of calamity by the National Disaster Risk Reduction and Management Council (NDRRMC).
The SSS chief added they are finalizing the guidelines for these programs, which would be released through the agency’s website and social media channels once available. Applications for the CLAP will be coursed through the My.SSS Portal of the SSS web site.