SSS retiree-pensioners exempted form ACOP

By December 18, 2017Inside News, News

GOOD news for retiree-pensioners residing in Pangasinan.

The state-run Social Security System (SSS) no longer requires them to report for the Annual Confirmation of Pensioners Program (ACOP) or the yearly reporting to SSS to ensure the continuous payment of their monthly pension.

SSS President and Chief Executive Officer Emmanuel F. Dooc said 58.64 percent of the 2.3 million pensioners as of end-September 2017 will benefit from the removal of the ACOP compliance requirement for retiree pensioners based in the Philippines.

Instead, SSS conducts verification procedure merely to confirm if the pensioner is still alive and entitled to SSS benefits.

ACOP requires pensioners to annually report to SSS to ensure the continuous payment of their benefits. It was implemented in 2012 to avoid circumstances wherein the rightful recipients are not receiving their monthly benefit.

All retirees residing outside the country, total disability, survivor pensioners, and dependent children and their guardian, meanwhile, are still required to comply with ACOP.

Meanwhile, the schedule of compliance for retiree pensioners residing abroad and total disability pensioners is on their birth month; survivor pensioners on the birth month of the deceased member; while minor or incapacitated dependent pensioners should comply with their guardian on the birth month of the member or deceased member.

“Compliance six months before the schedule shall be allowed and considered as early compliance if the pensioner complied with the ACOP on the previous year,” the circular read.

SSS clarified however, that ACOP compliance for retiree-pensioners based in the Philippines who are 85 years old and above and survivor pensioners who cannot report personally due to sickness, illness, or injury will still be checked through a mandatory home visit by SSS employees.

SSS reminded its pensioners that non-compliance with ACOP will result in the automatic suspension of their pension on the month after the birth month of the pensioner or SSS member.

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