Loan Restructuring Default occurs when a member fails to comply with the repayment schedule outlined in the restructuring agreement. Missing multiple installment payments may cause SSS to revoke penalty condonation and reinstate previously waived charges. In addition, the remaining balance may become immediately due and payable.\n\nDefaulting on a restructuring program has serious consequences. The borrower loses eligibility for future SSS loans, and their outstanding balance may grow again due to renewed penalties. For members nearing retirement, unresolved restructuring defaults delay the release of pension or lump-sum benefits.\n\nTo avoid default, members must strictly follow their repayment schedule and coordinate with SSS if financial difficulty arises. Completing the restructuring program is the only way to fully rehabilitate the loan account and restore privileges.
Hospital delivery in the Philippines can easily cost ₱60,000 - ₱200,000 depending on the hospital and type of delivery.
Many parents use a credit card to manage these expenses while waiting for their SSS maternity benefits.
