The Social Security System (SSS) will release the 13th month benefit and the monthly pension of its eligible members starting first week of December.
In a statement on Thursday, SSS president and chief executive officer Michael Regino shared that around P29.74 billion covering 3.36 million pensioners would be disbursed.
“This year, we have also pushed for the early crediting of the 13th month and December 2022 pensions so that our pensioners can withdraw them ahead of the holiday rush,” Regino said.
“The SSS will release December 1 the first batch of the pensions covering pensioners with dates of contingency within the first to the 15th day of this month. The second batch will be released on December 4, covering pensioners with dates of contingency within the 16th up to the last day of the month,” he said.
The SSS has requested its accredited non-PESONet participating banks to release the said pensions to their SSS-pensioner clients not later than Decembe. 4. It also requested the Philippine Postal Corporation to expedite the delivery of the checks of its pensioners who get their pensions by mail.
“Since December 1988, we have been granting our pensioners the 13th month pension, which is equivalent to their respective monthly pensions. This additional financial assistance or Christmas gift is our way of thanking them for their support to the SSS during their working years,” Regino said.
Pensioners who are qualified to receive the 13th month pension include social security retirement pensioners, social security and employees’ compensation survivors, and total disability pensioners, including partial disability pensioners with pension duration of not less than 12 months. (PNA)