First batch of January 2021 pensions released

The Social Security System (SSS) announced that the first batch of January 2021 pensions was released on Dec 29, 2020, through the Philippine Electronic Fund Transfer System and Operations Network (PESONet) and other checkless disbursement channels.

Pensioners whose date of contingency is from the first to the 15th day of the month and are receiving their pensions through PESONet participating banks, e-wallets such as PayMaya, or M Lhuillier, can expect that their January 2021 pensions will be credited to their accounts and may be withdrawn starting today.

The first batch of January 2021 pension releases covers 1.5 million pensioners with combined pensions for the month, amounting to P6.3 billion.

The SSS understands that pensioners rely on their SSS pensions for their financial needs. Thus, it made sure that the said pensions were credited as early as the said date to avoid delays in considering the coming non-working and regular holidays and weekend.

On the other hand, the schedule of crediting of the second batch of January 2021 pensions covering pensioners whose date of contingency is from the 16th to the last day of the month and are receiving their pensions through PESONet participating banks, e-wallets, or M Lhuillier, is on January 15, 2021.

Meanwhile, pensioners who are still receiving their pensions through checks or non-PESONet participating banks will receive their January 2021 pensions following the old disbursement method, based on their date of contingency.

For more information, follow the SSS on Facebook at “Philippine Social Security System,” Instagram at “mysssph,” Twitter at “PHLSSS,” or join the SSS Viber Community at “MySSSPH Updates.”