0917 316 8727
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48 Mary Santos Artcade, West Ave., West Triangle, QC
+63 917 316 8727
info@ggconnect.ph
48 Mary Santos Artcade, West Ave., West Triangle, QC

The Social Security System (SSS) is set to launch an energy sustainability loan program this September to help qualified members finance the installation of residential solar panel systems amidst rising electricity costs.

SSS President and CEO Robert Joseph M. de Claro announced that this loan program will be available to qualified SSS members who have a mandatory provident fund account, allowing them to repay the loan over a period of up to seven years. The mandatory provident fund program is a retirement savings scheme for members with a monthly salary credit above ₱20,000. Through this initiative, SSS aims to support at least 100,000 households by 2028, helping families manage energy expenses while promoting sustainable energy use.

De Claro explained that the loan program reflects SSS’ evolving role beyond traditional social security functions, addressing new economic challenges faced by Filipino households. Strengthened by a strong financial performance in 2025, when it recorded a net income of ₱142.97 billion and exceeded ₱1 trillion in its reserve for the first time, SSS is able to expand member assistance programs and improve service delivery. The agency is focused on modernizing systems and streamlining processes to better serve members, recognizing the impact of every transaction on their daily lives A similar solar loan program has already been launched by the Government Service Insurance System (GSIS), which reported disbursing ₱890 million within the first week of its under the Ginhawa Solar Energy Loan program.

For more information visit: mb.com.ph