PBBM announces lowering of interest rate of SSS loans
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NewsTranscript
00:00Good news for SSS members because President Ferdinand Marcos Jr. announced that starting July,
00:07the interest rates for the Social Security System or SSS Salary and Calamity loans will be reduced.
00:14PTV's Kenneth Pasciente has the details.
00:19Because his income was not enough, Raymond had to apply for a loan from the SSS under the Salary Loan Program.
00:25But paying it back became a challenge for him because of its 10% interest rate.
00:42That's why to ease the burden of individuals like Raymond and other SSS members,
00:47President Ferdinand R. Marcos Jr. himself announced that starting July,
00:51the interest rate for salary loans will be lowered to 8% and to 7% for calamity loans, both previously at 10%.
00:59Sa ngayon, nakikipag-ugnayan na rin ang SSS sa ilang financial institution upang pag-aralan ang pagkakaroon ng microcredit loan facility.
01:10Layunin naman ito na matugunan ang agarang pinansyal na pangangailangan ng kanilang mga miyembro.
01:17Ang mga programa ito ng SSS ay hindi lamang para sa mga manggagawang na rito sa Pilipinas,
01:25kundi ang mga miyembro na sa ibang bansa.
01:28The palace emphasized that this move by the government is meant to alleviate,
01:31even in small ways, the burdens experienced by SSS members.
01:35Ang nais po kasi ng Pangulo sa programang ito ay magkaroon po talaga ng poverty reduction.
01:41Kapag ka po nalaman natin na yung interest po ay bababa para sa mga kababayan natin na may kasalukuyang utang sa SSS,
01:49magatapong balita yan.
01:51Para po kahit po yung kanilang kinikita o yung kanilang konting savings para maibayad,
01:57ay mababawasan yung kanilang pagbabayad sa kanilang mga utang dahil liliit po ang interest.
02:01So yun po yung nais ng ating Pangulo.
02:03Para kahit paano, pakatulong rin sa amin yun na nabababawasan yung kaltas sa amin.
02:09Starting September, SSS will launch its expanded pension loan program for surviving spouse pensioners.
02:16Under this program, the surviving spouses of deceased pensioners can now borrow up to 150,000 pesos.
02:23Regarding the call for a wage increase,
02:25the palace has stated that this was addressed by the regional tripartite wages and productivity boards in each region,
02:31and that wage increases have already been implemented in some areas.
02:34And as the president said, this will be studied again for possible implementation next year.
02:39The palace also stressed that all stakeholders' positions must be heard
02:43regarding the legislators' push to have the wage hike bill certified as urgent by the president.
02:48Lahat ng stakeholders, dapat po makausap, malaman, ano po yung maaring magandang idulot, positibo, negatibo.
02:57So lahat po ng stakeholders, kailangan kausapin kung kakayanin din po ba ng mga employers at kung ano yung nararapat sa mga manggagawa.
03:05So sa ngayon po ay dapat pag-usapan lahat-lahat po yan.
03:07Pero kung ano po yung makakaya ng Pangulo sa kanyang pag-uutos, katulad na sinabi po natin,
03:13sa mamamagitan po ng dole, ibibigay po natin sa mamamayan.
03:16Hindi nga lang po siguro ganon kalaki, katulad ng hinihingi ng iba mga kababayan natin.
03:21But at least po, gumagawa po ang Pangulo sa abot na makakaya na maibibigay para sa taong bayan at mga manggagawa.
03:28From PTV Manila, Kenneth Pasyente, Balitang Pambansa.