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SSS to suspend pension disbursements of members still using non-PESONet accounts

STATE-run Social Security System (SSS) said they will finally be suspending on April 1 the pensions of their members who have not changed their disbursement accounts to Philippine Electronic Fund Transfer System and Operations Network (PESONet) participating banks or other checkless disbursement channels. The SSS said pensioners residing in the… ....

Michaelg Regino , Philippine Electronic Fund Transfer System , Operations Network Pesonet , Social Security System , Operations Network , Special Pension System ,

BSP launches PESONet multiple batch settlement facility

The Bangko Sentral ng Pilipinas (BSP), along with the Philippine Payments Management Inc. (PPMI), on Monday launched the Multiple Batch Settlement (MBS) facility of the Philippine EFT System and Operations Network (PESONet). ....

Benjamin Diokno , Bangko Sentral , Philippine Payments Management Inc , National Retail Payment System , Operations Network Pesonet , Philippine Payments Management , Multiple Batch Settlement , Operations Network , Transformation Roadmap , Business And Industry ,

SSS releases ₧3.3B in benefits to Covid-hit members | Bernadette D. Nicolas

THE Social Security System (SSS) recently announced it has released around P3.3 billion in sickness benefits to nearly 400,000 members who have contracted Covid-19. In a statement, the SSS said that 399,455 members have availed of the said benefit from January to November last year. Covid-hit members may avail sickness… ....

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