Thursday, September 17, 2015

Series of benefit hikes highlighted in 58th anniversary exhibit

The series of benefit enhancements done by the Social Security System (SSS) in the past five years highlight the ongoing exhibit at the ground floor lobby of SSS Main Office along East Avenue in Diliman, Quezon City. Among the benefit hikes include the 10 percent ATB pension increase for all EC disability and death pensioners in August 2013; higher P20,000 EC funeral benefit that was twice the previous P10,000 burial grant, with both EC increases taking effect on September 2013; five percent across-the-board (ATB) increase for 1.9 million pensioners in June 2014; higher P20,000 EC funeral benefit that was twice the previous P10,000 burial grant; and higher SS funeral benefits from a fixed amount of P20,000 to a maximum of P40,000 under a variable benefit scheme based on the member?s number of contributions and average monthly salary credit starting August 2015.

Photo shows SSS President and Chief Executive Officer Emilio de Quiros, Jr. (2nd from right) opening the SSS? 58th Anniversary Photo Exhibit last September 1 with (from left) Commissioners Bienvenido R. Laguesma, Eva B. Arcos and Diana B. Pardo-Aguilar during the ribbon-cutting ceremonies. The photo exhibit, which will run until end of the month, showcases the efforts made by the SSS over the past five years to improve its service delivery and long-term viability, expand the social security coverage to more types of members, and to provide more meaningful benefits for millions of Filipino workers and beneficiaries.

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