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The SSS Pension Loan Program (PLP)

Mabuting araw!

The Social Security System (SSS) is pleased to inform you of its PENSION LOAN PROGRAM (PLP) to qualified retiree-pensioners with a loanable amount of up to P200, 000.00. It aims to assist SSS retiree-pensioners in their financial needs through a loan window which does not require the surrender of ATM cards as collateral, and at a low interest rate.

The SSS Pension Loan is a safe and secured loan open to all qualified retiree-pensioners who meet the following conditions:

1) Must be receiving his/her regular monthly pension for at least one (1) month and status of pension is "Active";

2) Must be 85 years of age or below at the end of the month of loan term;

3) With approved disbursement account enrolled in DAEM (Disbursement Account Enrollment Module);

4) Must have no deductions from his/her monthly pension (outstanding loan balance, benefit overpayment payable to SSS, etc.);

5) Must have no existing advance pension under any SSS Calamity Assistance Package; and

6) With updated “mailing address and mobile number” through the duly accomplished Pensioner’s Data Change Request (PDCR) Form to be submitted to any SSS Branch nearest your place.

Retiree-pensioners can avail a loan equivalent to 3X up to 12X the sum of their Basic Monthly Pension (BMP) and additional benefit of P1,000, with a low interest rate of only 10% per annum computed based on diminishing principal balance. Payment terms can be 6, 12 or 24 months.

To apply for a Pension Loan, simply log-in to your My.SSS account in the SSS website ( or you may click this link for the step-by-step procedures. If you still do not have a My.SSS account, please log-in to the SSS website to create one, as well as to enrol a disbursement account through which the pension loan proceeds will be credited.

Thank you very much and stay safe always!


You may also visit the SSS official social media pages for additional information and other services.

SSS Website:

Facebook: SSSPH -

Twitter: PHLSSS -

Instagram: MYSSSPH -

YouTube: MySSSPhilippines -

Viber: MySSSPh Updates - For our Viber Community, you may join by clicking on this link:


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