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SSS extends compliance deadline for pensioners to shift to PesoNet banks

SSS extends compliance deadline for pensioners to shift to PesoNet banks
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SSS extends pensioners' shift to PESONet banks until Sept. 30


Social Security System (MANILA BULLETIN FILE PHOTO)
As of April, about 104,955 pensioners are not yet compliant with this requirement. Of this number, 91,476 banks, while the remaining 13,479 get their monthly retirement income through checks.
The six-month extension from the previously announced deadline of March 31, 2021 came after the approval of the Social Security Commission Resolution No. 141-s.2021 dated March 24, 2021.
The SSS started the shift to using PESONet participating banks, e-wallets, and Remittance Transfer Companies/Cash Payout Outlets (RTCs/CPOs) as disbursement channels in October 2020 to provide a faster and more secure manner of releasing monthly pensions and eliminate disbursements through checks.
“The extended deadline aims to give SSS pensioners more time to comply with this requirement while community quarantine protocols are still being implemented. This will also give accredited rural banks enough time to complete their applications to ....

Aurorac Ignacio , Philippine Electronic Fund Transfer System Pesonet , Security Commission Resolution No , Social Security System , Philippine Electronic Fund Transfer System , Security System , Social Security Commission Resolution , Remittance Transfer , Cash Payout Outlets , Special Pension System , Special Voucher , சமூக பாதுகாப்பு அமைப்பு , பிலிப்பைன் மின்னணு நிதி பரிமாற்றம் அமைப்பு , பாதுகாப்பு அமைப்பு , பணம் அனுப்புதல் பரிமாற்றம் , பணம் செலுத்துதல் ஔட்‌லெட்ஸ் , சிறப்பு ஓய்வூதியம் அமைப்பு , சிறப்பு வவுச்சர் ,