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Retirees will receive their cash benefits and gifts from the country’s two state pension funds starting December 1. On Sunday, the Government Service Insurance System (GSIS) said 330,496 retirees would receive P3.3 billion in Christmas gifts, while the Social Security System (SSS) previously said it had released P25.2 billion in benefits. to their pensioners for the month of December. “Qualified pensioners who received a Christmas cash gift of P10,000 in 2019 will receive an amount equal to their one-month pension up to a maximum of P10,000,” the GSIS said. The SSS said the December pension and the 13-month bonus would be credited to the pensioners’ bank accounts as of December 1.Ben O. De Vera
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