MANILA, Philippines – Members of the Social Security System (SSS) who were affected by typhoon Tisoy may now apply for the Calamity Assistance Package (CAP) loan.
SSS President and Chief Executive Officer Aurora Ignacio said members and pensioners in Southern Luzon and Visayas hit by Tisoy may now avail of the calamity loan, direct house repair and improvement loan as well the advanced three-month pension program.
She added that the CAP program, which has a total fund allocation of more than P614 million, covers members and pensioners residing in areas declared under state of calamity by the National Disaster Risk Reduction and Management Council.
These areas include Batangas City; Mabitac, Laguna; Provinces of Quezon, Cavite, Oriental Mindoro, Occidental Mindoro, Marinduque; Corcuera, Romblon and San Fernando in Romblon; and Province of Northern Samar.
“The CAP includes a loan assistance program which is a separate loan window from the regular salary loan,” Ignacio said in a statement Monday.
“Members can borrow up to P40,000 in calamity loan depending on their average last 12 monthly salary credit. The financial assistance is also open to pensioners who can avail three months advance of their monthly pension. Moreover, members can also apply for direct housing repair and improvement loan,” she added.
Loan application for Tisoy-hit SSS members is open from December 20, 2019 to March 19, 2020.
“Members who would like to avail of the Calamity Assistance Package are required to be registered in the My.SSS application to facilitate their billing requirements in the future,” Ignacio said.
The SSS Chief, however, clarified that members who still have outstanding loans under the Loan Restructuring Program (LRP) and previous CAPs, as well as those receiving pensions for total permanent disability and retirement, and those who have availed of the Pension Loan Program (PLP) are not qualified to avail of the calamity loan.
The SSS said the calamity loan is payable in two years in equal monthly installments with an annual interest rate of 10 percent and one percent monthly penalty for late payments.
To eliminate additional expenses on the part of member-borrowers, SSS waived the one percent service fee, it added.
Aside from the calamity loan, the SSS said that members with damaged properties can also avail of the direct house repair and improvement loan with six months moratorium in amortization and interest payments.
“Members can borrow up to a maximum of P1 million under this program which will run for one year or until 20 December 2020,” Ignacio said.
“To qualify, the applicant must not be more than 60 years old and with at least 24 monthly contributions, of which three contributions were remitted within the last 12-month period prior to the month of filing,” she added.
MANILA, Philippines – Detained Senator Leila de Lima on Wednesday said she has filed a resolution seeking an investigation into the alleged irregularities that marred the country’s hosting of the recently concluded 30th Southeast Asian (SEA) Games.
De Lima filed Senate Resolution No. 274 directing the appropriate Senate committee to conduct an investigation on the reported organizational and administrative problems, as well as possible corruption, which affected the biennial sports meet.
She said reports on organizational problems surrounding the country’s preparation “betray a political dynamic that could translate to even greater problems in our sports programs in the future.”
“As we celebrate our athletes’ most successful campaign in recent memory, it is likewise important for our government to scrutinize our performance both as a host country and as patrons to our athletes,” she said in a statement.
De Lima said that prior to its opening on Nov. 30, the country’s hosting of the SEA Games has been beset by organizational issues, including early troubles with transportation and accommodations of teams from Myanmar, Timor-Leste and Cambodia, accreditation issues and lack of halal food for Singaporean delegation, and even problems with accreditation of media.
She also said that several volunteers for the SEA Games also aired their grievances over the alleged lack of system and coordination.
De Lima likewise noted the criticisms on the allegedly exorbitant 50-meter tall cauldron-type structure, which costs P50 million, for the lighting of the torch.
“Proper management and governance necessitate that we conduct an inquiry on the recently concluded SEA Games, especially after the problems encountered were duly documented by the mass media,” she said.
The lawmaker also underscored the need to scrutinize the organizational structure through which the country hosts international sporting events “to ensure that the funds will be properly given to institutions with the mandate and capability to properly utilize them.
“There is a need to investigate the existing sports legislation to ensure that support and funding are given to the agencies that have the proper mandate and that accountability lies even with private organizations, especially those who have access to government resources,” she said.
“While problems of disorganization, incompetence, and inefficiency can be resolved through institutional mechanisms, what cannot be countenanced is the scandalous probability that in the middle of all this disorganization and incompetence, certain high public officials still might have enriched themselves in the procurement of government contracts for the hosting of the games,” she added.
Officials of the Philippine Sports Commission and the SEA Games organizing committee earlier attributed the delays in the preparation of the biennial meet to the delayed passage of the 2019 national budget.
The Department of the Interior and Local Government (DILG) has lauded the Philippine National Police (PNP) and local government units (LGUs) for the “safest Southeast Asian (SEA) Games” in history.
DILG Secretary Eduardo Año said there were no serious or major untoward incidents reported that marred the SEA Games.
“Naipakita natin ang ‘Filipino hospitality’ at ang bayanihan ng pulisya, nasyunal at lokal na mga pamahalaan, private sector at media (We have shown the ‘Filipino hospitality’ and the cooperation of the national police and the local government, private sector and media). This will go down in history as the best and safest ever,” he said.
There were 27,440 police officers deployed to site task groups during the whole duration of the SEA Games.
In Metro Manila alone, there were 18,105 officers securing the competitions; 6,554 in Central Luzon; 1,865 in Southern Luzon; and 916 in La Union.
“We will not rest until all the foreign athletes, coaches and staff have left the country. We are committed 100% to their safety and well-being. Congrats to the PNP for a job well done!,” Año addded.—AAC
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