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RNG Bank Salary Loan Table for DepEd Teachers

Salary Loan Table - RNG Coastal Bank RNG Bank offers salary loan for permanent DepEd teaching and non-teaching staff thru Automatic Payroll Deduction System (APDS). Features: 📍LOW INTEREST RATE 📍LOAN AMOUNT UP TO 500,000 📍5 YEARS MAXIMUM LOAN TERM 📍NO HIDDEN CHARGES 📍NO NEED TO GO TO THE OFFICE A Bank that is built with trust and integrity and committed to provide quality and safe banking services to its existing and future clients, RNG Coastal Bank, Inc . is a banking institution established in the year 1974. The Bank has 15 operating branches in the Visayas, 11 in Cebu and 4 in Bohol. Providing various financial products and services to its clients for almost 50 years, RNG Coastal Bank remains strong and continuously grows its number of branches to reach more Filipinos. Here are the branches of RNG Coastal Bank: RNG Coastal Bank Head Office Cor. Cabancalan Road, Talamban, Cebu City 6000 Labangon Branch Punta Princesa, (Labangon) Cebu City Asturias Branch Poblacion, Asturias, Ce...
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SSS Chief Encourages Filipinos to Invest in MySSS Pension Booster for Higher Retirement Returns

June 28, 2024 - Social Security System (SSS) President and CEO Rolando Ledesma Macasaet urged Filipinos to take advantage of the MySSS Pension Booster program, which offers a projected annual return rate of 7.2 percent.

The program is designed to help members boost their retirement savings and achieve their financial goals. It consists of mandatory and voluntary schemes:

  • Mandatory Scheme: Automatically enrolls members who contribute above the P20,000 ceiling to the Regular SSS Program.
  • Voluntary Scheme: Open to all members, with a minimum investment of P500. Members can contribute any amount and enjoy flexible withdrawal options.

Macasaet emphasized the benefits of starting young:

  • More Time for Growth: Early participation allows for smaller, regular contributions and leverages compound interest.
  • Maximized Earnings: Staying in the program for at least five years maximizes earnings potential.

The MySSS Pension Booster is open to various professions, including:

  • Maritime professionals
  • Overseas Filipino Workers (OFWs)
  • Self-employed professionals
  • Corporate executives

Previously known as the Worker's Investment and Savings Program (WISP) and WISP Plus, the program was rebranded to better cater to these target groups.

Call to Action

Macasaet encouraged Filipinos to plan and save for retirement early. He highlighted the importance of building a retirement fund to ensure financial security in later years.

For more information and to enroll in the MySSS Pension Booster program, visit https://www.sss.gov.ph/sss/appmanager/viewArticle.jsp?page=retirement.

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