Malacañang is studying proposals to suspend pension premium contributions for members of state-run pension funds, amid efforts to ease the financial burden of workers and pensioners affected by global economic pressures, including tensions in the Middle East.
Palace Press Officer Claire Castro said the government is already implementing measures through the SSS, GSIS, and Pag-IBIG Fund to support members and pensioners.
She cited SSS programs worth about P60 billion covering financial assistance, loan programs, and early pension increase implementation, along with loan penalty condonation and contribution delinquency relief.
For GSIS, Castro said the agency is rolling out the Balik Ginhawa Program, which includes a three-month loan moratorium, with over 297,000 applicants already qualified.
“Ire-refund muna para magamit ng ating mga kababayan at babayaran nila ito nang walang interest. At sa ngayon ay mayroon nang 297,162 out of 353,667 applications na nag-qualify na para dito sa Balik Ginhawa Program,” said Castro.
Pag-IBIG Fund, meanwhile, is offering special assistance for repatriated OFWs, including early withdrawal of savings and a three-month housing loan moratorium without interest and penalties.IMT
