Starting this 3rd quarter of 2020, SSS changed is pension releasing schedule, What used to be a few days advance to the expected crediting date, SSS pension releasing is now schedulinto two parts.
NEW MONTHLY SSS Pension Releasing Schedule (This is not the December and 13th month schedule)
| DATE OF CONTIGENCY | CREDITING DATE or WITHDRAWAL DATE |
| 1st – 15th day of the month | 1st day of the month |
| 16th – end of the month | 16th day of the month |
*Date of contingency – date where the pensioner met all qualifying conditions for retirement, disability, or death benefit.
BUT for this December 2020 alone, SSS made the disbursement of the pensions early.
DECEMBER 2020 and 13th Month Pension Releasing Schedule for PESONet Banks
| DATE OF CONTINGENCY | CREDITING / WITHDRAWAL DATE |
| For December 2020 and 13th month pay | |
| 1st – 15th day of the month | December 1, 2020 |
| 16th – end of the month | December 4, 2020 |
| * 13th month Pension for | |
| Advance 18 month | December 4, 2020 |
| Naipon o accrued pension dahil sa pagbabalik ng ACOP-Suspended pension | December 16, 2020 |
PESONet banks starts crediting the pension amount at 1:00pm of the withdrawal date. Better yet go to your bank in the afternoon of the declared withdrawal date.
For your guidance, list of PESONet banks are in the list below.
DECEMBER 2020 and 13th Month Pension Releasing Schedule for NON-PESONet Banks
| DATE OF CONTINGENCY | CREDITING / WITHDRAWAL DATE |
| * For December 2020 and 13th month * 13th month pay pension for Advance 18 month | SSS is coordinating with non-PESONet banks if the said pensions be accredited on or before December 4, 2020. Subject to bank’s approval. |
| 16th – end of the month | December 4, 2020 |
| * 13th month Pension for | |
| Advance 18 month | December 4, 2020 |
| Naipon o accrued pension dahil sa pagbabalik ng ACOP-Suspended pension | December 16, 2020 |
DECEMBER 2020 and 13th Month Pension Releasing Schedule for pensions being received thru CHECK
| DATE OF CONTINGENCY | CREDITING / WITHDRAWAL DATE |
| * For December 2020 and 13th month For Regular and advance 18 month pension | SSS is coordinating with the Postmaster General of Philippine Postal Corporation to make fast delivery of checks to its recipient pensioners. |
LIST OF PESONet Participating Banks as of November 2020
Universal and Commercial Banks
- Al-Amanah Islamic Investment Bank of the Philippines
- Asia United Bank Corporation
- Australia and New Zealand Banking Group Limited
- Bangkok Bank Public Co. Ltd.
- Bank of America, N.A
- Bank of China Ltd. – Manila Branch
- Bank of Commerce
- Bank of the Philippine Islands
- BDO Unibank, Inc.
- China Banking Corporation
- CIMB Bank Philippines, Inc.
- Citibank, N.A
- CTBC Bank (Philippines) Corporation
- Deutsche Bank AG
- Development Bank of the Philippines
- East West Banking Corporation
- Industrial Bank of Korea Manila Branch
- ING Bank, N.V
- JP Morgan Chase Bank, NA.
- KEB Hana Bank – Manila Branch
- Land Bank of the Philippines
- Maybank Philippines, Inc.
- Mega International Commercial Bank Co, Ltd.
- Metropolitan Bank and Trust Company
- Mizuho Bank, Ltd. – Manila Branch
- MUFG Bank, Ltd.
- Philippine Bank of Communications
- Philippine National Bank
- Philippine Trust Company
- Philippine Veterans Bank
- Rizal Commercial Banking Corporation
- Robinsons Bank Corporation
- Security Bank Corporation
- Shinhan Bank-Manila Branch
- Standard Chartered Bank
- Sumitomo Mitsui Banking Corporation – Manila Branch
- The Hongkong & Shanghai Banking Corporation
- Union Bank of the Philippines
- United Coconut Planters Bank
- United Overseas Bank Limited, Manila Branch
Thrift Banks
- AllBank, Inc.
- Bank of Makati, Inc.*
- China Bank Savings, Inc.
- Equicom Savings Bank, Inc.
- First Consolidated Bank, Inc.
- HSBC Savings Bank, Inc.
- Malayan Bank Savings and Mortgage Bank, Inc.
- Philippine Business Bank, Inc.
- Philippine Savings Bank
- Producers Savings BankCorporation
- Sterling Bank of Asia, Inc.
- Wealth Development Bank Corporation
- Yuanta Savings Bank Philippines Inc.
Rural Banks
- Bangko Mabuhay, Inc.
- Bank of Florida, Inc.
- BDO Network Bank, Inc.
- Camalig Bank, Inc.
- Cebuana Lhuillier Rural Bank, Inc.
- Country Builders Bank, Inc.
- Dungganon Bank, Inc.
- East West Rural Bank, Inc.
- Innovative Rural Bank, Inc.
- Rang-Ay Bank, Inc.
- Rural Bank of Guinobatan, Inc.
Source: Philippine Clearing House Corporation