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SSS members can make 'salary' or 'calamity' loans. Salary loans are calculated based on a member's particular monthly salary credit. Calamity loans are for instances when the government has declared a state of calamity in the area where an SSS member lives, following disasters such as flooding and earthquakes. [19]
State of calamity, in the context of disaster management in the Philippines, refers to a status that could be declared widespread within the country, or certain localities, in response to a destructive, natural, or man-made disaster. This measures allows the release of "calamity funds" allocated to local governments and control the pricing of ...
The Government Service Insurance System prepared emergency loan programs for calamity-hit individuals. ... Calabarzon, and Bulacan, around ... 2024, the government ...
"In essence, this money has been stolen from all of us for all these years," said an 84-year-old woman whose late husband's Social Security benefits were slashed. "It's not fair."
Typhoon Man-yi, known in the Philippines as Super Typhoon Pepito, was a powerful and long-tracked tropical cyclone that impacted the Philippines in early November 2024. . Closely following Tropical Storm Trami and Typhoons Kong-rey, Yinxing, Toraji and Usagi, Man-yi became the sixth consecutive tropical system to affect the country in less than a
June 17, 2024 at 1:52 PM. Key takeaways. Personal loan amounts vary by lender, but some lenders allow consumers to borrow up to $100,000.
If the federal government shuts down this weekend, work at numerous publicly funded agencies would slow or stop altogether, while millions of government employees would stop receiving paychecks.
The Government Service Insurance System prepared emergency loan programs for calamity-hit individuals. [101] Floodwaters in Bulacan after Typhoon Doksuri. Two organizations from the private sector began facilitating the sale of produce which were harvested in advance to evade damage from the typhoon's strong winds. [102]