SSS Partners with SBC to Pilot New Benefits Payment System

Social Security System (SSS) has engaged SBC for the pilot stage of its Benefit Payment thru the Bank Program. The program would enhance SSS’ disbursement system by simplifying payment procedures for sickness, maternity and employees’ compensation benefits, resulting to savings on operational costs. For employers or corporate members, this translates to improved efficiency and protection against potential check loss or fraud since the cash benefits will be directly credited to their nominated bank accounts. The SSS team, led by President and CEO Emilio de Quiros, Jr. (4th from left), signed the agreement with Security Bank last June 22.