SSS Released P7.2 Billion for this Year's 13th Month Pension of Pensioners

This year's Christmas season for all SSS pensioners is indeed merry after the Social Security System (SSS) announced the release of a total of P7.2 billion as their 13th Month Pay. Under the administration of Pres. Rody Duterte he made sure that the SSS could give as early as possible the SSS pensions in time for the Christmas season.

According to SSS Officer-in-Charge of Benefits Administration Division Normita M. Doctor, SSS pensioners under the Social Security (SS) and Employees' Compensation (EC) programs, except those covered for partial disability whose pension duration is less than 12 months, are entitled to the 13th month benefit.

The SSS also noted that the recipients of dependents' pensions, such as the minor children of pensioners, will also receive a corresponding 13th month benefit.

The SSS Officer-in-charge of Benefits Administration also added that "Along with the early release of 13th month pensions, by the end of this year pensioners will also get their regular monthly pension for December in accordance with their contingency date. For instance, a pensioner who retired on July19 will get his retirement pension for the month on December 19," she said.

The agency released the funds and checks for 13th month pensions to its partner banks and to the postal office, respectively, as early as November 14 so that pensioners can get their additional year-end benefits directly at their personal bank accounts or through checks sent via registered mail.

According to the SSS announcement, the 13th month pay for SSS pensioners is patterned after the 13th month pay given to workers in time for Christmas. The tradition started way back the year 1988.

The delivery of checks to all SSS pensioners depends upon the recipient's mailing address. Usually, it takes three to five days for Metro Manila and nearby areas, five to eight days for faraway Luzon provinces, and eight to 10 days for Visayas and Mindanao.

Source: Philippine Information Agency (PIA)

SSS Released P7.2 Billion for this Year's 13th Month Pension of Pensioners SSS Released P7.2 Billion for this Year's 13th Month Pension of Pensioners Reviewed by Phil Newsome on 12/02/2016 Rating: 5

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