Did you get your pension this month?
By LK2018
@Letranknight2015 (52665)
Philippines
December 7, 2020 6:42pm CST
I heard from so many seniors that mom friends with that their pension would get doubled this month. I envy them sometimes because not every one get their social security processed, a while back some one complained on the radio show.
To be honest, I'd wished to die early and not grow old. Because I know I won't be having any pension. I was trying to have it processed 10 months ago when the quarantine happened. I didn't get a chance to contribute for a long time. But then the news talked about how corrupt social security is..
Enjoy your pension if you have one, spent it wisely.
6 people like this
8 responses
@sunrisefan (28524)
• Philippines
8 Dec 20
They changed the schedule of payment since last month. Those having their birthdays from 1 to the 15th get their pension on the first day of the month while those whose birthdays are from 16 to 31 get their pension on the 16th. It has been delayed for a day though the past 2 months because the pension credits from SSS passes through DBP and from there, it is transferred to the final depository bank of the pensioner. The pensioner’s bank should be a member of the PESO NET electronic transfer facility.
3 people like this
@Letranknight2015 (52665)
• Philippines
8 Dec 20
Hello @sunrisefan Not every body gets it from the same bank, others have been assign to different banks such as landbanks, Union and even china bank to get their pension. It's better not to get it online so you wouldn't get hacked.
1 person likes this
@sunrisefan (28524)
• Philippines
8 Dec 20
@Letranknight2015 Yes not everybody gets from the same bank but DBP transfers the funds to the particular bank of the pensioner. That is why it gets delayed because it passes through a third party which is DBP. If you don't want it online you don't have a choice anymore because they have stopped paying pension by check.
3 people like this
@hereandthere (45628)
• Philippines
9 Dec 20
@sunrisefan are dbp and landbank both government banks?
@yoalldudes (35030)
• Philippines
8 Dec 20
Is this SSS? I had a little contribution there when I worked in private. I didnt continue it though. My stepdad is receiving some there and he is happy for it.
Maybe you can go to their office to have yours computed so you can take the next step.
2 people like this
@Letranknight2015 (52665)
• Philippines
8 Dec 20
I don't think I can be accomodated like before @yoalldudes they're mostly prioritizing seniors now a days.
@yoalldudes (35030)
• Philippines
8 Dec 20
@Letranknight2015 What about getting an annuity for your older days.
@hereandthere (45628)
• Philippines
9 Dec 20
@yoalldudes @letrankniight2015 the minimum is 120 contributions
@kaylachan (84757)
• Daytona Beach, Florida
8 Dec 20
I get SSDI and no, I didn't get an increase. I'm hoping to get one come January, and god I'd love to have it doubled, but not holding my breath.
2 people like this
@Letranknight2015 (52665)
• Philippines
8 Dec 20
Hello @kaylachan thats really sad you deserve an increase, specially this holiday season.
2 people like this
@kaylachan (84757)
• Daytona Beach, Florida
8 Dec 20
@Letranknight2015 The way social security works, you get an increce in January for the year. I've heard I should get one, but it won't be double what I'm getting now. Wish it was, though.
2 people like this
@Letranknight2015 (52665)
• Philippines
8 Dec 20
@kaylachan I hope you get an increase at least.
2 people like this
@Letranknight2015 (52665)
• Philippines
8 Dec 20
Hello @db20747 Well, some are getting paid and some were not. Yeah i hope so.
2 people like this
@Butterfingers (66603)
• India
8 Dec 20
No pension for me. I work and get paid for it in return
2 people like this
@Letranknight2015 (52665)
• Philippines
8 Dec 20
I hope you get time to save your money @Butterfingers
2 people like this
@Letranknight2015 (52665)
• Philippines
8 Dec 20
There are tw kinds of social here, one is for private and th eother is for the government workers @Cheyee
1 person likes this
@Letranknight2015 (52665)
• Philippines
8 Dec 20
@Cheyee Not sure how it started but there is a social security for both private and public (government workers) employees.
1 person likes this
@Cheyee (8352)
• Pakanbaru, Indonesia
8 Dec 20
@Letranknight2015 I see. There is private too? How is that work?
1 person likes this
@Letranknight2015 (52665)
• Philippines
8 Dec 20
Hello @Shavkat At least you're contributing.
1 person likes this
@Letranknight2015 (52665)
• Philippines
8 Dec 20
Hello @porwest Some of them have paid their social security their entire working life, or their husbands when they were still alive. Their not millionaires but the pension helps with their monthly expenses.
2 people like this
@porwest (112810)
• United States
9 Dec 20
@Letranknight2015 But, at least in the U.S., social security was NEVER intended to be a pension. It is a supplement. And if anyone thought social security would be enough to cover expenses, especially considering they send out annual statements as to what you will actually get...
They are fools.
