SSS retirement claims hit P156B

NEARLY P157 billion in retirement benefits was released by the Social Security System (SSS) to 2.2 million members in 2023, making it the most availed benefit package of the agency.

SSS Vice President for Benefits Administration Division Joy Villacorta said in a statement that of the 4.7 million benefits disbursed to pensioners, members and their beneficiaries in 2023, nearly half, or 47 percent, received retirement benefits.

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