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This aims to expedite the issuance of OEC to vacationing OFWs who will return to their respective foreign employers/principals.
Salary Loan Part 1: In this part of an SSS loan is included the definition of salary loan, qualification of member who can make the loan, determining the loanable amount, payment duration, interest, other fees charged, renewal, payment process, payback worse case scenario and requirements, papers and documents needed to make a salary loan.
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Salary Loan Part 2: The second part of SSS salary loan data in the official website of SSS includes renewal date, how the member should pay the loan, employer obligations to SSS, how member can pay the loan when separated, resigned or transferred to another loan and more about worse case scenario for paying the loan of SSS members.
It is very usual for an Overseas Filipino Worker (OFW) who has a vacation schedule to have less time to accomplish many documents before he / she could take his / her much needed vacation to the Philippines.