Second Batch Of SSS Pensions Disbursed Via PESONet, E-wallets, And Remittance Centers
The second batch of pensions from the Social Security System (SSS) was released recently this month, amounting to ₱5.19 billion pesos and disbursing to over 1.12 million pensioners.
SSS reported that the second batch of pensions was released on January 15, 2021, through the Philippine Electronic Fund Transfer System and Operations Network (PESONet) and other checkless disbursement channels (e-wallets and remittance centers).
Pensioners in the second batch are those whose date of contingency is from January 16 to 31 who receive pensions through PESONet participating banks or e-wallets, or via cash pick-up arrangement at M. Lhuillier through the Cash Padala of the Development Bank of the Philippines.
On the other hand, those pensioners who still opted to receive their pensions through checks or via non-PESONet banks will still receive their pension based on their old disbursement schedule.