SSS assures pensioners on release of P1,000 adjustment


Posted at Feb 21 2017 02:55 PM

MANILA - The Social Security System (SSS) said Tuesday it would release a P1,000 pension increase for some two million retirees as soon as an implementing order is approved by Malacanang.

The state-run pension fund has apologized for failing to meet its Feb. 15 deadline to implement half of the two-part P2,000 adjustment.

"We just need to wait for the signed order which will give us the full authority to implement the additional benefit,” SSS president Emmanuel Dooc said.

A pension increase was among Duterte’s promises during the 2016 presidential campaign.