The Social Security System through the Development Bank of the Philippines has released the December pension and 13th month pay amounting to P23.1 billion to Philippine Electronic Fund Transfer System and Operations Network (PESONet) participating banks and other checkless disbursements channels to be credited to pensioners’ bank accounts.
The SSS has also released around P2B for non-PESONet participating banks.
For pensioners with PESONet participating bank accounts, e-wallets such as PayMaya or cash pickup arrangement via DBP Cash Padala through MLhuiller will receive their pensions in two batches.
Pensioners with contingency dates from first to the 15th day of the month are expected to have received their regular pensions and 13th month pensions on Dec. 1.
Those with contingency dates from the 16th to the last day of the month are expected to have received their regular and 13th month pensions last Dec. 4.
Those with advance 18-month pensions are expected to have received their 13th month pensions last Dec. 4 while those with accrued ACOP-suspended pensions will receive their 13th month pension on Dec. 16.
Pensioners with accrued ACOP-suspended pensions received their 13th month pension on their contingency dates starting Dec. 3.
SSS has also coordinated with the Philippine Postal Corporation to prioritize the delivery of checks to the pensioners before the holiday season.
Pension crediting for PESONet accounts and other checkless disbursement methods for the succeeding months will still follow the new pension disbursement schedules while non-PESONet participating banks will still be credited according to contingency dates. – Press release
