OFWs affected by Taiwan quake to receive SSS calamity loan

OFWs affected by Taiwan quake to receive SSS calamity loan

THE Social Security System (SSS) is taking action to assist thousands of active members who are Overseas Filipino Workers (OFWs) affected by the strong earthquake that rocked Taiwan on Wednesday, April 3.

According to the US Geological Survey, the epicenter of the earthquake was south of Hualien City.

This is the strongest earthquake to hit the Island since 1999.

Our fellow Overseas Filipino Workers (OFWs) working in Taiwan are among those affected.

Hence, the Philippine government is taking action to swiftly provide aid our modern-day heroes.

The SSS is also taking steps to help 10,000 active members of the agency.

In a press briefing, SSS President and CEO Rolando Ledesma Macasaet said they have instructed their representative office in Taiwan to assess the situation of OFW members in the area and provide immediate help for them.

For the first time, the SSS will allow affected OFWs in Taiwan to avail themselves of calamity loans, in addition to other benefits offered by the agency.

“For the first time, we will provide calamity loans up to P20,000. However, I would like to remind you that the guidelines for this will be released at the latest by Monday,” said Rolando Ledesma Macasaet, President & CEO, SSS.

However, Macasaet has a reminder for OFW active members of SSS who will receive the calamity loan.

“I would also like to remind them that this is a loan, not a handout, so we encourage them to repay when the time comes. In the meantime, apart from this loan, all OFWs who are SSS members worldwide have benefits such as maternity benefits, funeral benefits if they pass away, and unemployment insurance if they lose their jobs. So, they have many benefits from the SSS, which is why we encourage them to become members,” Macasaet added.

The 3 OFWs who were severely injured in the earthquake are among those who will receive financial assistance from the agency.

Meanwhile, there has been a 40% decrease in the number of non-remitting employers to SSS.

In 2022, the agency’s uncollected contributions from delinquent employers amounting to P92 billion.

But this has significantly decreased to P56 billion in 2023 due to the intensified ‘Run After Contribution Evaders’ (RACE) Campaign of the agency.

 

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