Sunday, December 18, 2016

SSS pensioners receive 13th-month pension

DAGUPAN CITY - Pensioners of the Social Security System  (SSS) have a wider smile these days as they receive their 13th-month bonus benefit, equivalent to a month’s pension.

Branch Manager Gloria Corazon Andrada of SSS-Dagupan Branch said SSS has advised its partner banks to credit the bonuses to the respective accounts of the pensioners who are registered in the payment-thru-bank program as early as the first week of December.

It also asked the Philippine post office to prioritize the delivery of the 13-month pension checks for those who receive their pensions as mailed checks. 

“Just as 13th month pay is given to workers in time for Christmas, SSS pensioners also get their 13th month benefit. We are happy to continue granting this extra benefit which started back in 1988,” Andrada said during the media forum held at the Star Plaza Hotel, this city.

The 13th month pension  is over and above the regular monthly pension of the pensioner for December  in accordance with their respective contingency dates, Andrade explained.

About two million Filipinos are receiving their pension benefits. Some  1.2 million are under the retirement pensioners under the social security program accounting for 63 percent or 4.5 billion of the total 13th month SSS pension disbursements for this year. SSS also disbursed P2.4 billion for social security and employees compensation death pensions and P224.5 million for disability pensions. (VHS/PIA-Pangasinan) 

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