SSS: P178-M unemployment benefits released in 2019

The Social Security System (SSS) on Wednesday reported it has released P178 million worth of benefits in 2019 under its unemployment benefit or involuntary separation insurance program.

In a statement, SSS President and Chief Executive Officer Aurora Ignacio said the pension fund received 15,151 unemployment benefit applications last year of which 14,895 were approved and translated to P178 million of benefit releases.