Page 15 - Hello Philippines December 2015 'B' ISSUE

December 2015 / Fortnightly – No. 24 • UK & Europe Edition
SSS allots over P6B for 13th month pensions
MANILA - In time for the
Christmas season, the Social Security
System (SSS) has earmarked a total
of P6.34 billion for the 13th month
pensions of over two million SSS
pensioners for retirement, disability
and death, scheduled for release to
the pensioners’ bank accounts and via
mail this December.
With the 13th month pension,
SSS pensioners would receive double
the amount of their regular monthly
pension this month, according to
SSS Vice President for Benefits
Administration Division Agnes E. San
Jose. The 13th month pension is an
SSS year-end tradition that started in
1988.
“The allotted funds for the
The SSS’ main office in Quezon City. InterAksyon.com file
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13th month pensions were already
disbursed to SSS partner banks in
November. As in previous years, SSS
pensioners can expect to receive their accounts. The remaining P34.61
13th month pension at the same time
as their regular December pensions,”
San Jose said.
Over 99 percent of SSS pensioners
are enrolled in the Pension Payment
through the Bank Program, formerly
known as the Mag-Impok sa Bangko
Program, which enables them to
receive their monthly pensions
directly at their designated savings
accounts. Some 12,500 pensioners
opted to receive pension checks sent
through the mail due to reasons such
0207 132 0015or for more info please call our customer service on
NEWS
“Almost P6.31 billion for 13th
month pensions are scheduled for
release through pensioners’ bank
million would be in the form of checks pensions, PHP200.30 million for SS
mailed to the designated addresses of
the other pensioners,” San Jose said.
The SSS deposited the 13th month
pension funds to the respective banks
of pensioners two weeks before
December. SSS partner banks would
then credit the money to pensioners’
bank accounts, and these pensions are
allowed for withdrawal in accordance
with the member’s date of retirement,
death or disability.
“Given a member who retired on
January 15 and whose spouse, who
was also an SSS member eligible
for pension, passed away on March
20 would able to withdraw his SSS
retirement pension every 15th day
of the month, and SSS death pension
every 20th day of the month,” San
Jose explained.
The SSS provides pensions for
retirement, death and disability
under the Social Security (SS)
Program, and for disability and death
under the Employees’ Compensation
(EC) Program which offers
additional benefits for work-related
www.hello-philippines.com 13
PHP4.01 billion accounted for over 60 have made it easy for pensioners
percent of the funds allotted for 13th to remember their ACOP schedule
month pensions. Meanwhile, P2.06 since it is now based on the member’s
billion was disbursed for SS death birthday,” San Jose said.
disability pensioners, P52.71 million Under the ACOP, pensioners are
for EC death pensions, and P5.21 required to make a once-a-year visit to
million for EC disability pensioners. the nearest SSS branch or depository
bank to confirm their continuing
“With 2016 just around the corner, eligibility for pension. Those unable
we call on pensioners to already mark to make a personal visit can send
in their calendars their respective the required ACOP documents to the
schedules for the ACOP (Annual
Confirmation of Pensioners). We
2 foreigners nabbed for installing
skimming device on QC bank’s ATM
tatlwhaoecsPkkifrOiomroLaemIfrCiegiaEnnauge.otrnosdmSaeufvtaniectdreeabdyeoitmnnegolalrcennariunamgguhatatorcpmrhleaiascnttineeeddgs an operation, but the two foreigners
escaped.
as
in On Sunday, the bank reported that
teller machine (ATM) in Quezon City. the two foreigners have returned and
A report by Jam Sisante on GMA again installed a skimming device on the
News’ Balitanghali on Sunday identified same ATM.
the suspects as 24-year-old Romanian Policemen immediately went to the
national Gabriel Varga and 25-year-old bank’s branch and arrested the duo.
Malaysian national Milna Kamilia a.k.a Sanchez believes that the two
Mila. foreigners are part of a syndicate
Superintendent Pedro Sanchez, operating in Metro Manila.
commander of the Quezon City Police Charges for violations of Republic Act
District’s Kamuning station, said a bank’s 8484 or the Access Device REgulation
branch in Tomas Morato area reported Act and Republic Act 8792 or the
last December 6 that two foreigners E-Commer Law will be filed against the
coniAnSTtsSiMtnSa.glleendTcrheiaeetysisr.keiimmmemmnientdgiatdepeleyvincseicooonnndsutchteeoidrf two foreigners. n ALG, GMA News / Published /
December 13, 2015 / 2:17 pm
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30/11/2015 11:06