normal_post - SSS pensioners to get 5-month pay, +bonus - Who's Who of Bohol Author Topic: SSS pensioners to get 5-month pay, +bonus  (Read 526 times)

MIKELIGALIG.com

  • FOUNDER
  • Webmaster
  • *****
  • avatar_1382_1499847132 - SSS pensioners to get 5-month pay, +bonus - Who's Who of Bohol
  • Posts: 24192
  • medal1 - SSS pensioners to get 5-month pay, +bonus - Who's Who of Boholmedal2 - SSS pensioners to get 5-month pay, +bonus - Who's Who of Boholmedal3 - SSS pensioners to get 5-month pay, +bonus - Who's Who of Bohol
  • NEED A WEBSITE? email me: info@mikeligalig.com
    • Share Post
xx - SSS pensioners to get 5-month pay, +bonus - Who's Who of Bohol
SSS pensioners to get 5-month pay, +bonus
« on: January 18, 2017, 11:38:44 AM »
SSS pensioners to get 5-month pay, +bonus

IT’S an early Christmas for Social Security Systems (SSS) pensioners when they will get this month of November a five-month bonanza in differential pay over and above their usual Christmas bonuses.

The cash windfall comes from the 10 percent pension increase, which was announced by President Gloria Macapagal Arroyo earlier last week, a senior official said.

SSS Officer-in-Charge Horacio Templo said the 10% differential pay, which took effect on September 1, would be released by the middle of November together with the differential for the pensioners’ Christmas bonus.

“Pensioners who are covered by the pension increase would get by mid-November a five-month bonanza which represents the 10 percent pension differential from September to December, including their 13th month pension ,” Templo said.

By this development, SSS would disburse a total of P1.4 billion for the five-month differential of pensioners, Templo was earlier quoted by the national papers.

As of September 1, SSS has more than 1.1 million disability, death and retirement pensioners with pensions ranging from a minimum of P1,200 to a maximum of P14,970.

About 98 percent of them get their pensions through the banks while the remaining pensioners receive their checks through the mail.

Social Security Commission Chairman Thelmo Cunanan announced the pension adjustment during the 32nd Philippine Business Conference last week.

The last pension increase was in 2000, SSS records revealed.

Templo however said only pensioners who started to be officially considered pensioners until August 31 are covered by the benefit adjustment which was approved by President Gloria Macapagal Arroyo.

The rest of the pensioners would begin receiving the adjusted rate starting in January next year, SSS said.

“SSS is updating its records to integrate the 10-percent hike in the pensioners’ accounts beginning January next year,” Templo said. rachiu/PIA)

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=85074.0
Romans 10:9-10
"If you declare with your mouth, Jesus is Lord, and believe in your heart that God raised him from the dead, you will be saved. For it is with your heart that you believe and are justified, and it is with your mouth that you profess your faith and are saved."

Get FREE 500GB cloud storage:
https://www.pcloud.com/welcome-to-pcloud/?discountcode=fDiE7jtC01VPbCIygaM67jZV



Share via facebook Share via linkedin Share via pinterest Share via reddit Share via twitter
 

Latest Topics

Bohol Job Opportunities 2019 by mikeortegaligalig
[Yesterday at 07:41:36 PM]


Bohol governor awaits suspension order by mikeortegaligalig
[Yesterday at 03:55:46 PM]


TUPAD Beneficiaries Orientation by mikeortegaligalig
[Yesterday at 09:05:50 AM]


Weird hairstyles... by hubag bohol
[Yesterday at 08:54:04 AM]


How to put out a fire by hubag bohol
[Yesterday at 08:52:36 AM]


Overloading in public cars by hubag bohol
[Yesterday at 08:43:22 AM]


Dementia as brain disease by hubag bohol
[November 18, 2019, 09:51:05 PM]


Why dress well by hubag bohol
[November 18, 2019, 09:42:24 PM]


The Rock Art by hubag bohol
[November 18, 2019, 03:50:58 PM]


Just Keep on Walking, Cat by hubag bohol
[November 18, 2019, 03:46:44 PM]

SMF spam blocked by CleanTalk
Powered by SMFPacks SEO Pro Mod | Sitemap
Mobile View
SimplePortal 2.3.7 © 2008-2019, SimplePortal