How To Upgrade Your UMID Card To A UMID ATM Pay Card

You may now apply for a UMID ATM Pay Card or have your existing one upgraded for free. Here’s how: This is open to all SSS members who applied for the generic UMID card and those who have yet to receive their UMID cards. Upgrading to the new ATM pay card is free of charge.Continue reading “How To Upgrade Your UMID Card To A UMID ATM Pay Card”

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Will The SSS Death Benefit Be Cut-off If The Surviving Spouse Remarries?

The quickest answer to this question is yes. The SSS death benefit is a monthly pension given to the surviving spouse of a deceased SSS member. If the deceased member is not married or was single at the time of his or her death, the benefits will go to the parents who are considered asContinue reading “Will The SSS Death Benefit Be Cut-off If The Surviving Spouse Remarries?”

The SSS Annual Confirmation Of Pensioners Program (ACOP) Resumes This Month

Are you an SSS pensioner or a beneficiary of a deceased SSS pensioner? The ACOP (Annual Confirmation Of Pensioners Program) resumes this month (October 2021) after being put on hold last year. The suspension of the ACOP was extended several times due to the changing quarantine restrictions. Last month, the SSS announced the resumption ofContinue reading “The SSS Annual Confirmation Of Pensioners Program (ACOP) Resumes This Month”

How To Apply For An SSS Pension Loan Online

Are you an SSS pensioner and are thinking of applying for a pension loan? If you should ask for my advice, do not borrow from loan sharks or private lending companies who will take your SSS pension ATM card as collateral for your loan. It is still best that you transact directly with the SSSContinue reading “How To Apply For An SSS Pension Loan Online”

How to Apply for the SSS Pension Loan Program

My aunt is a 65-year-old retired private school teacher.  She began receiving her SSS pension almost immediately after her 60th birthday.  Two years into her retirement, she fell ill and needed additional funds for her maintenance medications and regular check-up.  It was then that she was compelled to take on a loan of Php 25,000.00Continue reading “How to Apply for the SSS Pension Loan Program”

How To Apply for the SSS Loan Restructuring Program

On Monday, April 2, 2018, the Social Security System (SSS) will once again open its doors to members who with unpaid obligations with the agency.  This is another opportunity that the state-run pension  fund is extending to members to allow them to settle overdue loans and regain their good standing with the SSS to avoidContinue reading “How To Apply for the SSS Loan Restructuring Program”

How Does SSS Compute Your Retirement Benefit?

As an SSS member, you are entitled to retirement benefits as soon as you hit your 60s.  This can be a lump sum amount that you can use to start a small business, or go on a trip as a reward to yourself.  Or you can choose to receive a monthly pension, as if youContinue reading “How Does SSS Compute Your Retirement Benefit?”

SSS Sickness Benefit: Everything You Need to Know

Getting sick is inevitable.  Whether you are an employee, a business person, or a stay-at-home parent, you will eventually have to take some rest to recuperate from a viral or bacterial infection.  Other times, you might get injured at work and will need some time off to heal and rehabilitate before you are able toContinue reading “SSS Sickness Benefit: Everything You Need to Know”