“That man is richest whose pleasures are cheapest.”
-Henry David Thoreau-
Enroll your SSS Disbursement Account
These photos were taken from: Facebook: Philippine Social Security System – SSS
Heads up, mga Kababayan in Kuwait! You may now enroll your disbursement account in your My.SSS that can be used when applying for SSS Loans or SSS Benefits. Here are the steps to follow to enroll your disbursement account in My.SSS.
Step 1: Log in to your My.SSS account
Step 2: Click Disbursement Account Enrollment Module (DAEM) under the E-Services Tab
Step 3: Read the reminders on account enrollment, click the box to certify that you have read and understood them, and click Proceed.
Step 4: Choose your PESONet Participating Bank/E-Wallet/Remittance TranSFER Company (RTC)/Cash Payout Outlet (CPO) from the dropdown menu and encode the required disbursement account number or mobile number twice
Step 5: Tick the box to agree to the Data Collection and Usage Clause, click Enroll then OK.
Step 6: Click your e-mail inbox for a Confirmation Notice from SSS.
SSS Pensions Update
This photo was taken from: Facebook: Philippine Social Security System – SSS
Philippine Social Security System – SSS, through Philippine Electronic Fund Transfer System and Operations Network (PESONet) and other checkless disbursement channels, are set to credit the first batch of November 2020 pensions today, October 30, 2020.
Pensioners whose date of contingency is from the first to the 15th day of the month and are receiving their monthly pensions via PESONet participating banks, E-Wallets, or authorized Remittance Transfer Company (RTC)/Cash Payout Outlet (CPO) are covered by the first batch of crediting, according to SSS President and CEO Aurora C. Ignacio.
“For November 2020, given that its first day is a weekend and a declared holiday, we have completed the funding of the first batch of pension for November 2020 yesterday, October 29. Upon receipt of the funds, our government partner bank – DBP will release them to other PESONet participating banks, e-wallets, and M Lhuillier before noon today,” Ignacio said. “These PESONet participating banks, e-wallets, and RTC/CPO are expected to make the fund available to pensioners starting this afternoon,” she added.
The first batch of November 2020 pension releases includes more than 1.46 million retirees, totaling over P6.22 billion in monthly pensions.
For further information on the disbursement of pension through PESONet and other checkless disbursement channels and its corresponding schedule of releases, click on this link https://bit.ly/2HHaVi2.
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