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SSS Reiterates Call For Members, Pensioners, Employers To Use Online Channels For Transactions

The Social Security System (SSS) reiterates its call for members, pensioners, covered employers, and the public to use its online service channels for their ....

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SSS Advisory On The Crediting Time For Monthly Pensions Starting July 2021

The Social Security System (SSS) wishes to inform its pensioners that starting July 2021, the release of monthly pensions through its latest disbursement method will be every 4:00 PM onwards of their crediting date.
Under the latest disbursement method that uses Philippine Electronic Fund Transfer System and Operations Network (PESONet) participating banks and e-wallets, and Remittance Transfer Companies/Cash Payout Outlets (RTCs/CPOs) as disbursement channels, there are two batches of monthly pension releases (crediting dates).
The first batch is released every first day of the pension month, covering pensioners whose date of contingency is from the first to the 15th day of the month, while the second batch is released every 16th day of the pension month for pensioners whose date of contingency is from the 16th to the last day of the month. ....

Viber Community , Philippine Electronic Fund Transfer System , Operations Network Pesonet , Development Bank , Social Security System , Operations Network , Remittance Transfer , Cash Payout Outlets , பிலிப்பைன் மின்னணு நிதி பரிமாற்றம் அமைப்பு , வளர்ச்சி வங்கி , சமூக பாதுகாப்பு அமைப்பு , செயல்பாடுகள் வலைப்பின்னல் , பணம் அனுப்புதல் பரிமாற்றம் , பணம் செலுத்துதல் ஔட்‌லெட்ஸ் ,

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 ....

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SSS extends deadline for new pension payment methods

Published May 10, 2021, 4:20 PM
State-run Social Security System (SSS) announced on Monday, May 10, that it has extended the deadline for pensioners’ compliance with the new disbursement methods for monthly pensions.
Aurora C. Ignacio, SSS president and chief executive officer said the mandatory use of the Philippine Electronic Fund Transfer System and Operations Network (PESONet) and other checkless disbursement channels has been extended to September 30, 2021.
Ignacio said the extension from its original March 31, 2021 deadline aims to provide pensioners more time to shift their disbursement accounts to participating banks or e-wallets under the PESONet or Remittance Transfer Companies/Cash Payout Outlets (RTCs/CPOs). ....

Bangko Sentral , Aurorac Ignacio , Philippine Electronic Fund Transfer System , Operations Network Pesonet , Development Bank , State Run Social Security System , Operations Network , Remittance Transfer , Cash Payout Outlets , Special Pension System , Special Voucher , பிலிப்பைன் மின்னணு நிதி பரிமாற்றம் அமைப்பு , வளர்ச்சி வங்கி , நிலை ஓடு சமூக பாதுகாப்பு அமைப்பு , செயல்பாடுகள் வலைப்பின்னல் , பணம் அனுப்புதல் பரிமாற்றம் , பணம் செலுத்துதல் ஔட்‌லெட்ஸ் , சிறப்பு ஓய்வூதியம் அமைப்பு , சிறப்பு வவுச்சர் ,

SSS disability benefit payments down in 2020

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. ....

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