MANILA, Philippines --- The state-run Social Security System (SSS) said on Tuesday that its pension loan releases to retiree pensioners increased by more than 50 percent in March. SSS President and Chief Executive Officer Aurora Ignacio said the approved loan amount of P150.34 million disbursed to 4,081 retiree pensioners in March was an increase of 53.8 percent from the P97.748 recorded in February. The SSS attributed this increase to procedural enhancements approved by the Social Security Commission (SSC). In early March, the SSS said it "relaxed" its guidelines for more than 1.2 million pensioners so those who have have been receiving their pens...
Keep on reading: SSS pension loan disbursements up by 53.8% in March
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