It also allows them to update their email addresses and mobile numbers through their My.SSS account for them to receive their PRN for loans notification on time," she added. However, we decided to move this to July 1 to give our members and covered employers more time to register in the My.SSS portal. "Initially, we planned to implement the mandatory use of PRN for loans on February 1, 2021.
It facilitates the immediate and correct posting of loan payments to their matching loan accounts. Ignacio said the use of PRNs for loans was introduced in November 2020 as part of the state pension fund's Real-Time Processing of Loans (RTPL) Program. The Social Security System (SSS) reminds its members and covered employers that the mandatory use of Payment Reference Number (PRN) for Salary, Calamity, Emergency, and Restructured loan payment transactions starts today, July 1, 2021, covering the billing month of June 2021. SSS implements mandatory use of PRN for loan payments starting July 1 SSS appeals to Congress not to defer the new contribution rate