SSS: P236.3B worth of benefits disbursed in Jan-Nov

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SSS: P236.3B worth of benefits disbursed in Jan-Nov
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The Social Security System (SSS) on Wednesday said it disbursed a total of P236.3 billion worth of benefits from January to November this year.

In a statement, the SSS said the amount disbursed reflected a 13.2% growth year-on-year from the P208.8 billion in benefit disbursements recorded in January to November 2021.

"Our pensioners, which stood at three million in 2021, grew to 3.18 million by November 2022, while our retirement, disability, and death benefit monthly disbursements, which averaged P16.6 billion in 2021, increased to P19.53 billion for January to November this year," added the SSS chief. In 2017, the SSS granted a P1,000 additional monthly benefit for pensioners pursuant to a memorandum from the Executive Secretary dated February 22, 2017.

The law also extended maternity leave to every instance of pregnancy, miscarriage, or emergency termination of pregnancy , regardless of frequency, from the previous limit of only for the first four deliveries or miscarriages.

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gmanews /  🏆 11. in PH

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