PayLeaving work
Outstanding balance
Often called natitirang utang
What you still owe on a loan today.
Most useful for: Career shifter
- In real life
- Paying an SSS salary loan off early means paying its outstanding balance: what's left of the principal, plus interest and any penalty to date.
- Why it matters to you
- If you leave your job, your employer takes the whole balance of an SSS salary loan from your final pay.
An explanation to help you read your pay, not a ruling on your case. Your employer, the agency or DOLE has the final word.