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SSS to hold nationwide virtual Pensioners' Day on Aug. 25

Published Aug 24, 2021 05:02 pm

The Social Security System (SSS) is set to hold a simultaneous virtual Pensioners' Day in all of its 176 branches nationwide on Wednesday, Aug. 25, to recognize the pivotal role that its pensioners played in our society.

(MANILA BULLETIN FILE PHOTO)

SSS President and Chief Executive Officer Aurora Ignacio said that each SSS branch is expecting around 150 to 200 retiree-pensioners to join the virtual event.

"The Pensioners' Day is our way of saying thank you to SSS pensioners. We know how hard they have worked during their working years and it's just fitting to give them tribute through this activity," Ignacio said.

The state-run insurance agency will have a virtual session on how the pensioners can register and use the My.SSS portal which they can find on the SSS website.

"We want our pensioners to learn how to use My.SSS since we are pushing to make all our transactions available online. With the help of My.SSS, they can have a safe and convenient way of transacting with us, at the comfort of their homes," Ignacio added

During the event, several SSS pensioners will share their testimonials on how the Pension Loan Program (PLP) helped them in their financial needs.

The SSS launched PLP in September 2018 to assist retirement pensioners in their short-term financial needs. Under PLP, they can borrow up to P200,000, depending on the amount of their monthly pension and payable up to 24 months with a 10 percent interest rate per annum.

Currently, SSS has 2.9 million pensioners wherein over 1.7 million are receiving retirement pensions.

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