The Social Security System (SSS) recently revealed 13th month pensions are set to begin distribution today.
“We have already requested our partner banks to credit the 13th month pension to the respective savings accounts of our pensioners on or before December 6 so that they could enjoy the money in time for the holiday season,” affirmed SSS President and Chief Executive Officer Aurora C. Ignacio.
According to the SSS official, an estimated P12.71 billion will be released for over 2.83 million pensioners.
In a press release, SSS noted this year’s 13th month pensions are 7.6 percent higher than last year. (PR)