June 4, 2023

The Social Security System started releasing pensioners’ 13th month and December 2022 stipends.

SSS President and Chief Executive Officer Michael G. Regino said the pension fund released around P29.74 billion covering 3.36 million pensioners.

SSS released on Dec. 1 the first batch of the pensions covering pensioners with dates of contingency within the first to the 15th day of the month.

The second batch was released on Dec. 2 covering pensioners with dates of contingency within the 16th up to the last day of the month.

SSS requested its accredited non-PESONet participating banks to release the pensions to their SSS-pensioner clients no later than Dec. 4.

It has also requested the Philippine Postal Corporation to expedite the delivery of the checks of its pensioners who are receiving their pensions in this manner.

“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 said.

Pensioners who are qualified to receive the 13th month pension are SS retirement pensioners, SS and Employees’ Compensation survivor, and total disability pensioners, including partial disability pensioners with pension duration of not less than 12 months. – Press release