In the Philippines, the SSS has been providing tranches to seniors who require additional financial support. Even though seniors receive administration pay each month, the rising cost of living has raised their bills, making them dependent on others for additional cash. Part of the SSS’s broader strategy to help retirees cope with rising living expenses is the second pension increase tranche.
While some qualified retirees received half payments earlier in the year, others are yet to get their full refund. The P1,000 payment procedure has begun, and the SSS is updating retirees on its progress all month long. Recipients of SSS aids are automatically eligible for the additional payment but new applicants are required to meet the mentioned criteria.
SSS 2nd Tranche of P1,000 Released
In response to the ongoing matter, the Social Security System has made public the release of the 2nd Tranche, which is P1,000 in the Philippines. This supplemental payment is intended to offer much-needed monetary support to elder persons, enabling them to better manage their expenses and settle any due responsibilities. The SSS will adjust pension amounts automatically, so retirees don’t need to do anything further to get this benefit. Because the adjusted payment would be directly deposited into retirees’ bank accounts, no more paperwork or applications would be required.
The main object of delivering the additional assistance is to maintain seniors’ living standards in the high cost of living standard. With the help of additional income, seniors will be able to manage their overhead expenditures. The Social Security System hasn’t made any official statement regarding the Philippines SSS 2nd tranche of the P1000 Payment date, but you can expect it soon. Aged 60 years of age and over who are also legitimate taxpayers and SSS contributors are eligible to apply for the help. This post covered the SSS 2nd Tranche P1,000 eligibilities, the payout date, and the claim process. Go over the article attentively.
Philippines 2nd Tranche of P1,000 in 2024 – Overview
| Article Name | SSS 2nd Tranche of P1,000 Released |
| Department | Social Security System |
| Country | Philippines |
| Benefit Amount | 2nd Tranche of P1,000 |
| Beneficiaries’ | Eligible Pensioner |
| Payment Date | Not announced yet |
| Payment Frequency | One-time Payment |
| Year | 2024 |
| Category | Financial Aid |
| Official Portal | Sss.gov.ph |
Philippines SSS 2nd Tranche of P1,000 Eligibility
To receive the Extra SSS 2nd Tranche of P1000 are required to fulfill the following Eligibility Criteria set by the Social Security System. Recipients of SSS aids are automatically eligible for the additional payment but new applicants are required to meet the mentioned criteria.
- The pensioner must be 60 years old or older.
- Pensioners must be life-long residents of the Philippines.
- Must have employment or be self-employed.
- Must meet the income condition fixed by the SSS.
- Must have 120 contributions in SSS to qualify for the additional payment.
- Pensioners should have at least 5 years of working history.
What is the SSS 2nd Tranche of P1,000 Payment Date in 2024?
The payment period for typical SSS Pension plan beneficiaries is from the 10th to the 15th of every month. The Social Security System is yet to announce the date on which eligible seniors will get their P1,000 SSS 2nd Tranche. However, they don’t have to worry about it as their next payments will include their extra P1000. People are advised to regularly visit ssa.gov.ph, the government’s social security system website, as the additional pension amount will be instantly credited to the recipient’s linked bank account.
We ask that eligible residents hold off until their next dates. If they didn’t get this payment in addition to that, you might inquire about the delay with the SSA. Should you have any more inquiries, you can move on to the Social Security System official portal i.e. sss.gov.ph.
How to Claim SSS 2nd Tranche of P1,000 in the Philippines?
Recipients of SSS aids are automatically eligible for the additional payment, they don’t need to apply for it but new applicants are required to follow the mentioned instructions to claim the benefit amount. Individuals have two options to claim the SSS assistance, you can follow any according to your convenience.
Online Application form:
- Visit the certified portal of SSS i.e. sss.gov.ph.
- Login to your SSS account with your existing ID and password.
- Click on register to MY.SSS option.
- Complete the claim form with the ask for info.
- Attach the required documents.
- Submit it.
By relocating the SSS office:
- Fill out the RCA (retirement claim application) available on the SSS’s website.
- Submit the essential document together with a Valid ID, passport-size photo, and additional details.
- Attach supplementary details: including residency proof, DOB proof, income slips, and other documents.
- Submit the signed soft copy of the claim form at your nearest SSS office.
| Official Website | Click Here |
| Homepage | Philtranco.net |
When we can get the 2nd tranch of 1000
How will I know that if the additional payment is already confirmed pls let me know thanks,,,,
The 2000 increase in sss pensioners signed into law
We already receiving the half. Waiting for another 1000 which already pending 5years where increase of contribution already was done
Do this 2nd tranche additional pension will be added also to our 13th month pay?