Will My SSS Calamity Loan Affect My Other SSS Benefits?
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Will My SSS Calamity Loan Affect My Other SSS Benefits?
Kung miyembro ka ng Social Security System (SSS), malaking tulong ang SSS Calamity Loan para makabangon sa panahon ng sakuna — bagyo, lindol, o iba pang kalamidad. Sa programang ito, maaari kang makahiram ng maximum ₱20,000 para matustusan ang mga agarang pangangailangan ng pamilya.
Pero marami ang nagtatanong:
“Kung may calamity loan ako, maaapektuhan ba ang ibang SSS benefits ko tulad ng maternity, sickness, o retirement?”
The short answer is: Yes, it can affect your benefits — but only if you fail to pay on time. In this blog, we’ll discuss how unpaid calamity loans impact your benefits, what you can do to avoid penalties, and how to manage your SSS loan better.
How the SSS Calamity Loan Works
Before we dive into its effect on benefits, let’s quickly review the basics:
Maximum Loanable Amount: Up to ₱20,000
Payment Term: 24 months
Interest Rate: 10% per annum
Penalty for Late Payment:1% per month on the unpaid balance
When you pay on time, your calamity loan does not negatively affect your other SSS benefits. Problems only arise if you miss payments or default on your loan.
How Your SSS Calamity Loan Can Affect Your Other Benefits
1. Retirement Benefits
If you fail to pay your calamity loan before retirement, SSS will deduct your remaining balance from your lump-sum or monthly pension.
Example:
Outstanding Loan Balance: ₱12,000
Expected Retirement Benefit: ₱150,000
After Deduction: ₱138,000 net payout
âś… Tip: Always check your remaining balance using the SSS Calamity Loan Calculator so you know exactly how much will be deducted.
2. Maternity Benefits
For female members, unpaid loans do not stop you from receiving maternity benefits, but:
If you have an active calamity loan, SSS may deduct penalties or unpaid balances before releasing the full benefit.
Example:
Approved Maternity Benefit: ₱70,000
Unpaid Loan Balance: ₱5,000
Net Benefit Released: ₱65,000
3. Sickness Benefits
Like maternity claims, your sickness benefit will still be processed even with an unpaid calamity loan. However, any outstanding balance may be deducted before the payout.
4. Death Benefits (for Beneficiaries)
If the SSS member passes away with an unpaid calamity loan:
SSS automatically deducts the remaining loan balance from the death benefits before giving the payout to the beneficiaries.
This is important if you want to maximize your family’s benefits — settling your loan early ensures your loved ones receive the full amount.
5. Eligibility for Future Loans
If you default on your calamity loan, SSS blocks you from applying for:
New Calamity Loans
Salary Loans
Other Loan Programs
This restriction lasts until your outstanding balance is settled in full.
How to Check Your Outstanding Loan Balance
You can track your calamity loan status in two easy ways:
1. Does my calamity loan affect my SSS retirement benefits? Yes. If unpaid, SSS deducts your remaining loan balance from your retirement payout.
2. Will I still receive my maternity or sickness benefits if I have an unpaid calamity loan? Yes, but SSS may deduct the unpaid balance before releasing your full benefit.
3. Can I apply for another calamity loan if I haven’t finished paying the first one? No. You must settle your existing loan first before applying again.
4. Does SSS automatically waive my unpaid balance? No. The loan remains collectible and will be deducted from your benefits later.
Your SSS Calamity Loan is a helpful financial aid during tough times, but delayed payments can affect your future benefits. To protect your retirement, maternity, sickness, and death benefits:
