SSS pensioner can now withdraw additional P1,000 pension starting March 3, 2017

Is you or you parents a pensioner of SSS? Well, the long wait is over because, starting March 3, 2017, Friday, SSS retirees may withdraw in their bank accounts the additional P1,000 in their pension.

SSS released around P2 billion for its pensioner for the month of January after P1,000 pension hike is approved.

SSS President and Chief Executive Officer Emmanuel F. Dooc said more than 2.04 million pensioners can now get their additional P1,000 benefits.

According to the new process of pensioner's name listing by the Information and System Department, the money is already deposited in the bank account of pensioners and can be withdrawn starting, Friday, March 3, 2017.

All retirees, survivors, permanent or with partial disability pensioners will be able to get P1,000 additional in their pension.



New pensioner of SSS will be enjoying the same benefits.
Meanwhile, additional pension for the month of February and March will be given in the next Fridays of the month, March 10 and 17.

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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.

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