THE Social Security System (SSS) said that it has released the 13th month and December pensions worth P32.19 billion to over 3.6 million pensioners which was given as early as November 29.
SSS Officer-in-Charge Voltaire P. Agas said that SSS pushed for the early crediting of the 13th month and December 2024 pensions as a pre-Christmas gift to SSS and Employees’ Compensation (EC) pensioners.
“We are also aware of the plight of our pensioners who were not spared by the recent tropical cyclones that lashed the country in less than a month. The early crediting of these pensions can help address some of their financial needs as they try to rebuild their lives after a series of calamities struck the country,” Agas said.
Agas explained that the first batch of the 13th month and December pensions were distributed to 2.09 million pensioners worth P17.9 billion on November 29, covering pensioners with dates of contingency within the first to the 15th day of the month.
Meanwhile, he said that the second batch was released on December 4 which benefitted 1.52 million pensioners amounting to P14.3 billion. These pensioners have dates of contingency within the 16th up to the last day of the month.
Likewise, Agas said the SSS has released around P41.6 million worth of 13th month and December pensions to more than 6,000 pensioners through non-PESONet participating banks and checks.
“Pensioners in non-PESONet participating banks got their pensions on December 4, meanwhile we have asked the Philippine Postal Corporation to expedite the delivery of the checks of our pensioners in their home address,” Agas noted.
He added that pensioners who availed of the advance 18-month pensions for their initial benefit received their 13th month pensions on December 4.
A tradition since 1988
Since December 1988, SSS has been granting the 13th month pension to SSS and EC pensioners, which is equivalent to their respective monthly pensions. The giving of the 13th month pension has been an annual tradition for the last 36 years to enhance pensioners’ benefits and as a way of recognizing the latter’s contributions to the country during their productive years.
Agas explained that retirement and survivor pensioners get a 13th month pension equivalent to their regular monthly pensions, while total disability pensioners receive a 13th month pension equal to their monthly pensions without the medical allowance.
“Member’s children receiving dependent’s pensions are also entitled to the 13th month pension and partial disability pensioners can receive it if they have a pension duration of at least 12 months,” he added.
He concluded that every 13th month pension provided to SSS pensioners shows how the pension fund gives importance to its pensioners.
