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SSS to impose mandatory use of PRN for short-term loan payments

April 02, 2021 THE Social Security System (SSS) announced that the mandatory use of payment reference number (PRN) for short-term loan payments was moved to May 1 from its April 1 schedule. SSS President and Chief Executive Officer Aurora Ignacio said the management approved the one-month extension to provide members and employers extra time to create their My.SSS accounts, update contact information, as well as review their loan information. “We wanted to make sure that our stakeholders are ready to comply with our upcoming procedural and system changes so that they can also benefit from this program and realize its importance,” Ignacio said.

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