SSS pensioners get 13th month pension

By December 5, 2016Inside News, News

THE pensioners of Social Security System (SSS) in Pangasinan will get a bonanza this month.

SSS already announced the release of a total of P7.2 billion for this year’s 13th month pensions which SSS pensioners would receive in time for the Christmas season, on top of their regular monthly pension.

SSS OIC- Benefits Administration Division Normita M. Doctor said SSS pensioners under the Social Security (SS) and Employees’ Compensation (EC) programs, except those covered for partial disability whose pension duration is less than 12 months, are entitled to the 13th month benefit. Recipients of dependents’ pensions, such as the minor children of pensioners, will also receive a corresponding 13th month benefit.

“Along with the early release of 13th month pensions, by the end of this year pensioners will also get their regular monthly pension for December in accordance with their contingency date. For instance, a pensioner who retired on July 19 will get his retirement pension for the month on December 19,” she said.

“Patterned after the 13th month pay given to workers in time for Christmas, the SSS 13th month pension is equal to the regular monthly benefit received by SSS pensioners. We are happy to continue granting this extra benefit, which is a cherished yearly tradition of SSS that started back in 1988,” she said.

SSS requested its partner banks to release the 13th month benefit ahead of the disbursement schedule for the regular December pensions. It also asked the Philippine post office to prioritize the delivery of the 13th month pension checks so that SSS pensioners will enjoy their cash benefits before Christmas.

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