State-run Social Security System (SSS) said its funeral benefit disbursements dropped last year due to the prolonged nationwide implementation of community quarantine measures. In a statement, Aurora C. Ignacio, SSS president and chief executive officer said the pension fund disbursed P3.07 bill
By TED CORDERO, GMA News
Published May 25, 2021 4:27pm The Social Security System (SSS) said Tuesday it disbursed P3.07 billion worth of funeral benefits to over 135,600 beneficiaries last year, 27% lower compared to the P4.23 billion released in 2019. In a statement, SSS President and CEO Aurora Ignacio said that the 27% drop in funeral benefit disbursements was due to the nationwide implementation of community quarantines since March 2020, which limited the visits of transacting members to various government offices, including the SSS. “The majority of our members have postponed their personal visits to our branches for fear of being exposed to COVID-19, while some still wait for the availability of their supporting documents too, hence the decline in disbursements,” Ignacio said.
SunStar
+ May 17, 2021 THE Social Security System (SSS) recorded 11,088 online transactions for funeral benefit claims in the first quarter of 2021, up by 13.6 percent from 9,762 transactions recorded in the second semester of last year.
SSS President and Chief Executive Officer Aurora C. Ignacio attributed the significant increase to the implementation of mandatory online transactions and checkless disbursements in 2020.
“In line with our campaign ExpreSSS fast, simple, and easy transactions with SSS we committed to expanding our online services with the inclusion of funeral benefit applications last July 2020, as part of the available e-services under the My.SSS portal. Member-claimants may now receive their benefits through checkless disbursements through the Unified Multipurpose Identification (Umid) card enrolled as ATM. If without Umid card enrolled as ATM, the funeral benefit may be credited to Philippine Electronic Fund Transfer & System Operations Netw
Published April 9, 2021, 8:48 AM
Stat-run Social Security System (SSS) said the pension fund has registered a decline in payments for disability benefits last year due to the imposing of movement restrictions aimed at containing the spread of coronavirus.
In a statement, Aurora C. Ignacio, SSS president and chief executive said on Thursday, April 8, that disbursements for disability benefits went down by 12.6 percent in January to December last year to P6.23 billion.
Igncio said the total payouts for disability benefits only covered 118,755 beneficiaries.
The SSS chief attributed the decrease to the limited mobility of members and pensioners since March 2020, when the government implemented strict community quarantine throughout the country.