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New SSS pension schedule

  • Aurora C. Ignacio
  • November 17, 2020
  • 3 minute read

For an ordinary senior citizen who is already retired from private or government service, receiving the monthly pension is what one always looks forward to, regardless of how much the amount because, finally, it is tax-free and with no other deductions. 

I am not an exemption as I am a senior citizen as well. However, I am still gainfully employed in government service. 

Getting old is really not bad, simply because we have more time for other interests, hobbies and passion. Though our biological clock may have put a toll on other physical activities like our favorite sports, we can still do other less strenuous activities, which can contribute to our health and general well-being.  

A month ago, a friend called me up for a very personal reason. I knew the call was quite urgent and important since I knew her well. She asked me why she did not receive her October pension on the usual schedule. Of course, I have a ready answer. 

The Social Security System (SSS), since October 2020, has implemented a new schedule for the disbursement of monthly pensions using the Philippine Electronic Fund Transfer System and Operations Network (PESONet) and other checkless disbursement channels.

The new schedule covers pensioners receiving their pensions through PESONet participating banks, e-wallets, and the Development Bank of the Philippines (DBP) accredited Remittance Transfer Company/Cash Payout Outlet—MLhuillier.

Under the new schedule, pensioners with dates of contingency from the first to the 15th day of the month will receive their pensions on the first day of the pension month (first batch), while those with dates of contingency from the 16th to the last day of the month will receive their pensions on the 16th day of the pension month (second batch).

If the credit date falls on a Saturday, Sunday, or a holiday, the pension will be credited to their accounts on the last working day before the Saturday, Sunday, or holiday.

The SSS has already released all pensions for October 2020 through PESONet and other checkless disbursement channels as well as through the old disbursement method for non-PESONet participating banks.

For releases through the new disbursement method, the SSS through DBP credited the funds to PESONet participating banks and other checkless disbursement channels last October 1 for the first batch and October 16 for the second batch, as scheduled.

When I asked what her contingency date is, my friend told me that it’s usually on the 17th. Well, she belongs to the second batch. 

Just like what we have been advising our pensioners who encountered the same problems, it is best that they contact their respective depository banks should there be any delay in crediting their pension as the SSS has already disbursed the funds. Better yet, get bank statements or inquire through online banking services of the bank to check on the details of their account crediting. 

True enough, just a few days ago, I received another call from her to say thank you. She said I was right after all. 

However, when she asked me another question as to when will the December and 13th month pension be released, I told her, just read my column in forthcoming issues. 

God bless everyone! 

Aurora C. Ignacio is SSS president and chief executive officer.

We welcome your questions and insights on the topics that we discuss. E-mail mediaaffairs@sss.gov.ph for topics that you might want us to discuss.

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23 comments

  1. mario ada sanchez says:
    November 24, 2020 at 1:11 pm

    why is it tha my november pension has not been credited yet eh november 24 na. my bank has no answer pointing to sss.

    Reply
  2. Diomedes Custodio says:
    December 3, 2020 at 6:24 am

    I want to do an annual ACOP thru video conference. Can you please direct me what is the procedures .
    Thanks

    Reply
  3. Mary hazel laksamana says:
    December 10, 2020 at 8:26 am

    Kailangan na bang mag acop ngaun nung nagpunta ako and sabi ng guard at wala pa anu po ba ang totoo

    Reply
  4. ROnnielyn abrasaldo says:
    December 13, 2020 at 10:17 am

    My father didnt get his pension pa for the month of december together with the 13th month. Is it because of the delays?

    Reply
  5. Mary Ann Lim says:
    December 23, 2020 at 7:49 am

    My mother didnt receive her monthly pension from sept up to now even dec bonus.when i called the bank.they were pointing Sss.May i know what is problem for sss pensioner.Thank you.

    Reply
  6. Ferne says:
    December 25, 2020 at 8:36 am

    At this time it sounds like BlogEngine is the top blogging platform out there right now.
    (from what I’ve read) Is that what you are using on your blog?

    Reply
  7. Isabel P. ARADILLOS says:
    December 26, 2020 at 5:26 am

    I want to know about the sss pension payment refund pls.

    Reply
  8. lilanie camay says:
    December 26, 2020 at 4:13 pm

    ,,kkaretired p lng nya wla p xa pension…

    Reply
  9. lilanie camay says:
    December 26, 2020 at 4:14 pm

    ,my 13th mnth poh ba tito q kkaretire lng nya wla p pension..

    Reply
  10. KIM OCAMPO says:
    December 26, 2020 at 10:11 pm

    My mother didnt get his pension pa for the month of december together with the 13th month. Is it because of the delays? dapat mainform nang maige dahil u matatanda mahirap pangakuan pag sinabi nyo an ganito petsa dapat ganung petsa abay inaraw araw ako mag dudutdut eh wala parin ano gagawin ko akala tuloy pinakialaman kona dahil dec 1 padaw nag release na kayo ayon sa narinig sa radyo. paki ayos nyo naman yan

    Reply
  11. https://www.umbroleague.com/ says:
    December 27, 2020 at 5:58 am

    What’s up to every one, the contents existing at this web site are really amazing for people knowledge,
    well, keep up the good work fellows.

    Reply
  12. Silfredo G Naiga says:
    December 29, 2020 at 6:21 pm

    Bakit walang pension pumapasok sa account ko sa security deposit bank ? Mahigit na Po syang isang taon….
    Thanks po sa reply…

    Reply
  13. Liberto B. Rey says:
    December 30, 2020 at 3:50 am

    Ask ko lang po kung pwede po ako mag avail ng CALAMITY LOAN, wala akong work sa ngayon for almost 1 year na dahil sa Total Hearing dissability ko, at kasalukuyan naman ako naka avail ng Partial permanent dissability pension na 32 months ang na aproved statting last June 2019 up to Feb. 2012.

    Reply
  14. Emily antonio says:
    December 30, 2020 at 3:28 pm

    Bkit po husband k c richard antinio wala po nkuha ngaun dec.pension dis ability po cya.

    Reply
  15. emily r. cuasay says:
    January 11, 2021 at 1:57 pm

    sss lucena branch….ask ko lang po sana kung bakit wala pang pension for january,2021. her birthday is on May 10….BDO ang kanyang bank na pinapasukan ng kanyang pension, ENCARNACION A. ROVICO pangalan ng pensionado taga Brgy. Palsabangon, Pagbkilao, Quezon. Salamat po sa inyong pagtugon.

    Reply
  16. Chona bacho padua says:
    January 16, 2021 at 6:24 am

    July 17 1959 bday ko…nag file ako 2018 pa ..ano pong date ang sched ng monthly pension ko ty

    Reply
  17. Rosalina M. Dajao says:
    January 26, 2021 at 4:11 pm

    I usually get my pension every 1st week of the month, but last oct. 2020 up to this month, Union Bank credited it 3rd week of the month (2nd batch). My birthdate is April 5,1952.

    Reply
  18. Marina Campos says:
    January 29, 2021 at 5:57 pm

    paki ayos nyo nmn yong releasing ng pension.mula october 2020 delayed na po kayo.yong yong oct.natanggap ko 2nd week ng November.yong Nov.nmn natanggap ko 1st week ng Dec. with 13th mnth.yong Dec.ngayon 2nd week ng January 2021 ko lng natanggap. kilan ko po makuha ulit yong Jan. sa Feb.na po ba? sana po maayos nyo.

    Reply
  19. Elma Canilla Capio says:
    February 17, 2021 at 7:25 am

    Yung Feb 01 pension ko wala pa sa ATM ko.
    I want to know update.
    Thanks

    Reply
  20. Janeth Uponte says:
    March 16, 2021 at 3:04 pm

    Bakit po wala parin pension nang mama ko.. Last month feb1 nakakuha na kami.. Bat nganun wala pa.. March17 na.. 1st batch sana kami bday nang papa ko feb5..

    Reply
  21. Wilma Jane Dela Cruz says:
    March 29, 2021 at 5:30 pm

    For the month of feb bakit wala pa sa atm every katapusan po yun? Any update po my uncle pension

    Reply
  22. Rose Anne Montallana says:
    July 13, 2021 at 2:23 pm

    Good afternoon. I already made a pdcr for the pension of my son .last may 25 and sabi ng nag assist sa akin try ko daw po mag inquire sa atm ko sa july 1. But until now wala pa din and nakatawag ako sa sss customer service ang sabi sakin ung account no na inapply ko sa pdcr hindi pa naka encode sa system. Gaanu po ba katagal iprocess ang incoding. Maraming salamat.

    Reply
  23. eligio luar says:
    July 26, 2021 at 4:29 pm

    Delay po ba SSS pension now kasi sa MOther ko po aUntil now July 26 2021 wala pa din pa nadating checque po kasi pinapadala sa amin… Salamat po sa makaka pag advise.

    Reply

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