Connect with us

Hi, what are you looking for?


Retiree cash package of P20,000 due to be disbursed next month

THE Employees’ Compensation Commission (ECC) said it will start disbursing its one-time P20,000 cash package for retirees starting next month.

In a briefing Thursday, ECC Executive Director Stella Zipagan-Banawis said the one-time cash aid will be automatically released along with the retirees’ regular pensions. She said pensioners do not have to apply for the P20,000 assistance by going to the Social Security System or the Government Service Insurance System.

Mag-uumpisa ito mari-release itong Mayo. Meron naman pong schedule ang ating mga pensioners halimbawa tulad ng mga private pensioners kung kailan mare-receive ang pension nila kasama ng P20,000 doon (We will start releasing in May. The pensioners will have a schedule — in the case of private-sector pensioners, they will get the P20,000 along with their regular pensions),” she said.

Ms. Zipagan-Banawis said 20,000 private-sector pensioners and 12,000 public-sector retirees will benefit from the package.

President Rodrigo R. Duterte ordered the packages to be drawn up while appearing on television earlier this month. The release is authorized by Administrative Order No. 39 and covers EC pensioners classified as permanently partially disabled, permanently totally disabled, or are survivors of a person eligible for a pension.

The ECC said it hopes to fully release the package within two or three months. The assistance will cover all EC pensioners who have received at least one form of pension assistance between January 2020 and May 2021. — Gillian M. Cortez

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



Virgin Orbit’s next satellite launch will take place from the UK, following the success of the “Straight Up” mission, which lifted off from Mojave...


Post Office collection and cash delivery workers are to stage a one-day strike later this month in a dispute over pay. Members of the...


UK consumers cut back on credit card borrowing in May amid fears over rising interest rates and a slowing economy driven by a cost...


London City airport is seeking to overturn its Saturday flight ban and raise by 40% the limit on its passenger numbers. A local residents’...


The bank said that it was introducing a £1,200-a-year pay increase from August 1, which would start to show in next month’s pay packets....


Postmasters caught up in the Horizon IT scandal say that they are still being “left in the dark” about a compensation package after the...

You May Also Like


Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...


Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...


Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...


As a traditionally rigid insurance industry becomes bogged down by antiquated processes and operations, a handful of industry leaders are seeking to shake things...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.