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SSS extends deadline for new pension payment methods

Published May 10, 2021, 4:20 PM State-run Social Security System (SSS) announced on Monday, May 10, that it has extended the deadline for pensioners’ compliance with the new disbursement methods for monthly pensions. Aurora C. Ignacio, SSS president and chief executive officer said the mandatory use of the Philippine Electronic Fund Transfer System and Operations Network (PESONet) and other checkless disbursement channels has been extended to September 30, 2021. Ignacio said the extension from its original March 31, 2021 deadline aims to provide pensioners more time to shift their disbursement accounts to participating banks or e-wallets under the PESONet or Remittance Transfer Companies/Cash Payout Outlets (RTCs/CPOs).

SSS asks members to ensure validity of account info upon online enrollment

Social Security System (MANILA BULLETIN FILE PHOTO) SSS President and CEO Aurora C. Iganacio, on Tuesday, March 9, warned that incorrect input of account number or uploaded proof of account will result in the rejection of disbursement account enrollment application. “We urge our members and covered employers to triple-check the information they have entered before submission to the SSS to avoid inconveniences in their disbursement account enrollment,” Ignacio said. Members and employers are urged to comply with the following measures for a successful online registration. Upon registration, members and employers must ensure that their bank account is with a Philippine Electronic Fund Transfer System and Operations Network (PESONet) participating bank

SSS issues reminder on disbursement accounts

Published March 10, 2021, 5:30 AM State-run Social Security System (SSS) asked its members and covered employers to ensure the correctness and validity of their disbursement accounts when enrolling in the Disbursement Account Enrollment Module (DAEM) through the My.SSS portal.   In a statement, Aurora C. Ignacio, SSS president and chief executive said on Tuesday, March 9, that incorrect input of account number or uploaded proof of account will result in the rejection of disbursement account enrollment application.  “We urge our members and covered employers to triple-check the information they have entered before submission to the SSS to avoid inconveniences in their disbursement account enrollment,” Ignacio said.  

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