Thursday, August 11, 2011

ID Production, Resumed

In 2010, the Social Security System in the Philippines or SSS has stopped its ID production after its machine broke. Now, the SSS revealed that the production has been resumed.

So all SSS members who wants to get new SSS ID or wants to replace the lost ID, you can now go to the SSS branch near you and settle your purpose. However, the SSS said that they need two months to finish backlog or those application that has not been processed due to the machine broke down.

Lower Rates of SSS Loans

It's a good news today for all SSS members and those who want to get a loan from the SSS.

The Social Security System has lowered the interest rate for the loans in either commercial or personal. Previously, the interest rate was 13.5 percent for commercial and 10 percent for personal. The latest interest rate is 11.7 percent for commercial and 7.5 percent for personal loans.