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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 th...

February 01, 2021 THE Social Security System (SSS) has expanded the use of electronic disbursement channels to release benefits to its members. SSS said from January to November 2020, about P168.55 billion in social security and employees' compensation benefits were disbursed using banks, e-wallets, and remittance transfer companies/cash payout outlets (RTCs/CPOs). It accounts for 98.6 percent of the total disbursements worth P170.97 billion to 3.68 million members and beneficiaries during the period. Retirement, Disability, Unemployment, Sickness and Maternity Benefits of indivi...

January 29, 2021 | 3:44 pm Advertisement AAA The Social Security System (SSS) has expanded the use of electronic disbursement channels to release benefits to its members. SSS said from January to November 2020, about P168.55 billion in social security and employees’ compensation benefits were disbursed using banks, e-wallets, and remittance transfer companies/cash payout outlets (RTCs/CPOs). It accounts for 98.6% of the total disbursements worth P170.97 billion to 3.68 million members and beneficiaries during the period. Retirement, Disability, Unemployment, Sickness and...