Back in the 1980s, 1990s and beyond 2000, employees’ payroll, benefits and loans were paid out in the form cash or checks. It was a tedious process and one must wait for some time to receive the check considering the registered mail has to go through different channels as well…
The Social Security System (SSS) reiterates its call for members, pensioners, covered employers, and the public to use its online service channels for their
The Social Security System (SSS) reiterates its call for members, pensioners, covered employers, and the public to use its online service channels for their
Published April 9, 2021, 8:48 AM
Stat-run Social Security System (SSS) said the pension fund has registered a decline in payments for disability benefits last year due to the imposing of movement restrictions aimed at containing the spread of coronavirus.
In a statement, Aurora C. Ignacio, SSS president and chief executive said on Thursday, April 8, that disbursements for disability benefits went down by 12.6 percent in January to December last year to P6.23 billion.
Igncio said the total payouts for disability benefits only covered 118,755 beneficiaries.
The SSS chief attributed the decrease to the limited mobility of members and pensioners since March 2020, when the government implemented strict community quarantine throughout the country.
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