SSS, naglunsad ng Pension Loan Program na may 10% interest lang kada taon

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SSS, naglunsad ng Pension Loan Program na may 10% interest lang kada taon
Transcript
00:00 The SSS or Social Security System urged retiree pensioners to temporarily lower their interest rates
00:07 in the money they are being lent,
00:09 instead of lending to loan sharks with high interest rates of up to 20%.
00:15 According to SSS President and Chief Executive Officer Rolando Makasait,
00:20 they launched the Pension Loan Program with an interest rate of 10% per year.
00:25 Aside from low interest rates, retiree pensioners do not need to pay their ATM cards
00:33 unlike other lending institutions.
00:35 Under the PLO, qualified retiree pensioners can borrow
00:40 three, six, ten or twelve times their monthly pension
00:46 and have an additional 1,000 pesos benefit.
00:49 They can borrow up to 200,000 pesos from SSS.

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