Good news for SSS pensioners, the Annual Confirmation of Pensioners' Program (ACOP) compliance has been extended from it's original deadline (March 31) to June 30, 2022, according to SSS President and CEO Michael Regino.
This is to give SSS pensioners longer time to comply and to avoid suspension of their monthly pension.
“We urge those who have not yet complied with the program to submit their compliance immediately for them to not miss the new deadline. We have various methods for compliance that we developed with the utmost consideration for their safety and convenience,” Regino said.
The good thing is pensioners do not have to personally visit a pension fund because there are several methods of compliance including:
- courier
- branch dropbox
- video conference (for retirement pensioners residing abroad)
- home visit (for total disability pensioners residing in the Philippines)
Why do pensioners need to comply with ACOP?
- To ensure that only the rightful beneficiaries will continue to enjoy the SSS benefit.
- To ensure that pensioners will continue to receive their monthly pension.
Who are covered under the ACOP?
• Survivor pensioners (receiving pensions through Death Benefit),
• Total disability pensioners,
• Guardians and their dependents, and
• Retirement pensioners residing abroad.
• Retirement pensioners residing in the Philippines remain exempted from complying with the ACOP.
Important Note:
Covered pensioners under the ACOP who have already complied for the calendar year 2021 are no longer required to re-submit their compliance. The usual schedule of the ACOP will resume on July 1, 2022.
Source: SSS
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