P1,000 SSS pension hike out this week

The long wait is over for pensioners of Social Security System or SSS that has been waiting for their P1,000 pension from the agency.

None other than the SSS Chairman Amado Valdez confirms that P1,000 increase in pension for SSS retirees will take effect this week.

You read it right after few months of waiting since last year.

Pensioners who have 20 years of SSS membership will get a minimum of P3,400, while those who have 10 years of membership will get at least P2,200.


The second P1,000 hike will be given before 2022 or earlier, Valdez said. 

The first tranche of planned P2,000 war originally scheduled for release last month but an economic team of President Rodrigo Duterte objected the increase unless it is funded internally by the SSS and not subsidized by the government.

(WATCH:P1,000 SSS pension hike, aprubado na ni Duterte)

Valdez said the documents for the first P1,000 trance is already in the Malacanang and the only waiting for the signature of Executive Secretary Salvador Medialdea.

“One thing is for sure, siguradong sigurado ho naman yun (It’s a sure thing),” he said.

SEE MORE:

10 reasons for OFW to choose Taiwan as next work destination

Steps on How to Pay Your Travel Tax Online

OFW in Hong Kong? Here are 10 Things to Know About Racial Discrimination Ordinance

Requirements and procedure on how to get TIN ID

The United Kingdom needs more Filipino nurses

©2017 THOUGHTSKOTO