“The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethoughts, and so broadens the mind.”
-T.T. Munger-
SSS taps BPI as a new payment gateway in mobile app
This photo was taken from: Facebook: Philippine Social Security System – SSS
Good news, mga Kababayan in Kuwait! The Social Security System (SSS) has added the Bank of the Philippine Islands as a new payment channel for members to easily pay their contributions through the SSS mobile app.
Individual members with active BPI accounts, such as self-employed, volunteer, and overseas Filipino workers (OFW), can now pay their contributions in a quick, convenient, private, and secure manner from the comfort of their homes.
The new online payment gateway, according to SSS President and Chief Executive Officer Aurora C. Ignacio, is very relevant for the pension fund’s transition to digital technologies since its members are already familiar with different electronic and online services.
“While the pandemic played a major role for SSS to focus its resources on the digitalization of its core and business processes, the transition is actually one of the top priorities under the new charter. We are glad our payment partners are also integrating their systems with ours to further improve services thru hassle-free and safe transactions,” Ignacio stated.
Members can either download a PDF copy of the PRN or pay right away using the interface’s “Pay” button. They may select “BPI” as the payment method channel, then “OK” to confirm the prompted payment information, and then “PROCEED” to be redirected to the BPI secure site.
At the BPI authentication page, members must provide their BPI log-in credentials and select the preferred account. BPI will then send a One-Time-PIN to the member’s enrolled mobile number, which they must enter to confirm and complete the payment process. Successful payment notifications from BPI and the SSS Mobile App will be displayed showing the date and time of payment, PRN, applicable period, SSS contributions, total contribution, total payment, and transaction reference number. Each successful transaction will result in a P15 convenience fee being deducted from the BPI account.
“We are still exploring more online payment channels to provide convenience to our growing membership base, especially since the community quarantine is restricting movements. Our main goal is to encourage them to use online platforms instead of personally going to the branches. We are focused not only on improving our online payment transactions but also that all our services can already be accessed online using the website, mobile app, and other electronic and self-service channels,” Ignacio pointed out.
Where else can I pay for my SSS Contributions? Aside from BPI, where else can we pay our SSS contributions? You may check SSS’s list of partner banks or choose to pay through mobile or online facilities.
These photos were taken from: Facebook: Philippine Social Security System – SSS
SSS releases P1.82B for sickness benefits in 2020
This photo was taken from: Facebook: Philippine Social Security System – SSS
Last year, the Social Security System (SSS) reported P1.82 billion in sickness benefit payments. This number, which came from the Social Security (SS) Fund, was down 38.6% from the previous year, with 269,604 beneficiaries.
The decline in applications was attributed by SSS President and Chief Executive Officer Aurora C. Ignacio to the nationwide community quarantine, which impacted transactions in branches, especially filing for different benefit claims.
“Comparatively, SS Fund total sickness benefit disbursements in 2016 amounted to P2.17 billion, and in 2017, it reached P2.42 billion. It further increased to P2.65 billion in 2018 and P2.97 billion in 2019. We are expecting the figures will increase for 2021 as the government eases community quarantine guidelines that will allow more people to go out of their respective homes,” Ignacio said.
The number of beneficiaries who received SS sickness benefits followed the same trend pattern. Members were paying out in 388,623 in 2016, 419,563 in 2017, 428,296 in 2018, and 458,851 in 2019.
Correcting your SSS membership data is now simpler and faster!
Correcting your SSS Membership Data is now simpler and faster! Just use you’re My.SSS account. Here’s how to learn:
- Log in to your My.SSS account via www.sss.gov.ph
- Click “Request for Member Data Change (Simple Correction)” under the E-Services tab
- Choose one (1) data change request from the following:
- Name
- Sex
- Civil Status
- Update Member Record Status
4. Supply needed information and upload required supporting document/s
5. Tick on the box to certify truthfulness of all information and documents presented, then click “Submit”
6. Take note of the Transaction Number and check your registered e-mail for Notice of Approval or Rejection from SSS.
Here are the simple corrections that may be done through My.SSS
- Correction of Erroneous Encoding of Name
- Correction of Suffix or Prefix of Name
- Encoding of Middle Name
- Correction of Sex (Male or Female)
- Correction of Name due to Change in Civil Status (Single to Married only)
- Conversion of Membership Status (from Temporary to Permanent)
PhilHealth ID Number (PIN)
Heads up, mga Kababayan in Kuwait! Here’s a reminder to all OFWs returning to the Philippines.
Know your PhilHealth ID Number (PIN) before your flight back to the Philippines.
Good news! We are able to pay P3,409.00 for each COVID-19 Testing using RT-PCR thanks to your continued support of the National Health Insurance Program through premium payments to PhilHealth.
This enables all Filipinos who arrive in the Philippines to get free swab tests from the Philippine Red Cross (PRC). You just need your PhilHealth Identification Number to get going.
If you are positive for COVID-19 and should be isolated in a PhilHealth-accredited facility, we will reimburse you P22,449.00.
For patients who may need hospital treatment management, the Inpatient COVID-19 Care Program ranges from P43,997.00 to P786,384.00.
Forgot your PIN? Here’s what you can do. Please contact PhilHealth’s Corporate Action Center/ OFP Virtual Office through SMS: 0917-898-7442 or through e-mail at ecif.reg@philhealth.gov.ph or actioncenter@philhealth.gov.ph
Don’t have a PIN yet? Worry no more! Here’s what you can do.
- Properly fill out the PhilHealth Member Registration Form or PMRF (downloadable from www.philhealth.gov.ph)
- Send the PMRF to ecif.reg@philhealth.gov.ph together with a scanned copy or photo of your passport
- Wait to receive your PIN at the e-mail address you provided in the PMRF
MUST-READ AND SHARE!
The Primary Purpose of my COVID-19 Diaries
CORONAVIRUS: Kuwait OFW Quarantine Diaries – TABLE OF CONTENTS
OFW FINANCE – Money News Update that you need to read (Table of Contents)
Updates from SSS and PhilHealth that you need to read
CORONAVIRUS DIARIES Week #52
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A multi-award-winning blogger and advocate for OFWs and investment literacy; recipient of the Mass Media Advocacy Award, Philippine Expat Blog Award, and Most Outstanding Balikbayan Award. Her first book, The Global Filipino Bloggers OFW Edition, was launched at the Philippine Embassy in Kuwait. A certified Registered Financial Planner of the Philippines specializing in the Stock Market. A recognized author of the National Book Development Board of the Philippines. Co-founder of Teachers Specialist Organization in Kuwait (TSOK) and Filipino Bloggers in Kuwait (FBK). An international member of writing and poetry. Published more than 10 books. Read more: About DiaryNiGracia
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