SSS, UnionBank tie up for Pension Loan Program

The Social Security System (SSS) and Union Bank of the Philippines (UBP) signed an agreement for the SSS Pension Loan Program (PLP) at the President’s Board Room, SSS Building, East Avenue, Diliman, Quezon City last Sept. 3.

Above photo shows SSS President and Chief Executive Officer Emmanuel F. Dooc and UBP President and Chief Executive Officer Edwin R. Bautista during the signing of the agreement that will allow loan proceeds of the PLP be directly credited to the pensioner’s UBP Quick Card.

Pension Loan Program is a financial assistance program for qualified SSS retiree-pensioners, which offers loans of up to P32,000 at low interest.