Attention SSS pensioners! The long wait is over! The Social Security System (SSS) has released the 13th month pay schedule for qualified SSS pensioners.
As of the first week of December 2022, pensioners of the Social Security System (SSS) will begin receiving their 13th month and December 2022 pensions.
According to Michael G. Regino, President and CEO of SSS, the pension fund will disburse about P29.74 billion to cover 3.36 million pensioners.
“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 the first batch of the aforementioned pensions today, December 1, 2022, covering pensioners with dates of retirement between the first and 15th of the month.
On the other hand, the second batch, which would cover pensioners with contingency dates between the 16th and the final day of the month, is scheduled to be released on December 4, 2022.
Pensioners who are scheduled to get their pensions on December 4, 2022, can anticipate that these will begin to be credited to their accounts starting on the final working day before it, which is December 2, 2022, because that date occurs on a Sunday.
In the meantime, the SSS requested that the abovementioned pensions be released to their SSS-pensioner clients by accredited non-PESONet participating banks no later than December 4, 2022. Additionally, it has asked the Philippine Postal Corporation to speed up the delivery of the retirees’ checks while they are getting their payments in this way.
“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 added.
Who are qualified to receive the 13th month pay?
According to SSS, pensioners who are qualified to receive the 13th month pension are SS retirement pensioners, and SS and Employees’ Compensation (EC) survivor, and total disability pensioners, including partial disability pensioners with pension duration of not less than 12 months.
Source: Social Security System