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LOAN obligation of terminated employee

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1 LOAN obligation of terminated employee on Thu Apr 18, 2013 2:01 pm


Arresto Menor
Good day,I worked in a call center and I will be redundiated from the company effective May 8, 2013. My concern is that I have SSS and Pag-ibig loans, I was told by HR that they will deduct ALL my loan obligations to my last pay and the separation pay all at once. Is that legal? Don't I have the right to say no and just pay the loan by myself when I'm out of the company? Hopingfor your assistance. Thank you.

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2 Re: LOAN obligation of terminated employee on Fri Apr 19, 2013 7:20 pm


unfortunately, yes, the law requires them to do that, unless you can get the sss to agree to another arrangement

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