Monday, 21 December 2020

SSS stretches July-Dec checks’ validity

Social Security System (SSS) individuals have given greater time to encash their advantage and loan checks issued from July to December 2020.

"The validity of the Social Security System issued Land Bank of the Philippines (LandBank) tests generated from July to December 2020 is prolonged as much as a hundred and eighty days from the date of issuance," the nation-run pension fund introduced in a announcement on Tuesday.



This accompanied after LandBank granted last October 12 the SSS' request to extend the validity of the stated assessments, which become first of all 90 days best, in keeping with the pension fund.
SSS President and Chief Executive Officer Aurora  Ignacio become quoted as saying that the initiative ambitions to provide its individuals greater time to encash their advantage and loan tests that they might have acquired later than the same old transport time because of the coronavirus ailment 2019 (Covid-19) pandemic state of affairs.

She brought that the extension is also thinking about various network quarantine restrictions applied to lessen the transmission of Covid-19.

SSS confused that LandBank already asked its member banks to accommodate the said exams.

Earlier this year, the pesnsion fund stated LandBank has also granted its request to increase the validity of tests generated from February to June 2020 from the present ninety days to 180 days from their difficulty date.


"For further facts, follow the SSS Facebook web page at the 'Philippine Social Security System,' Instagram account at 'my.Sssph,' Twitter feed at 'PHLSSS,' join the SSS Viber Community at 'MYSSSPH Updates,' or call the SSS hotline at 1455," it introduced.
Petron Corp. Sustained a internet lack of P12.6 billion within the first nine months of 2020, a stark evaluation to the P3.6-billion net profits within the same period ultimate year as its bottomline continues to undergo the brunt of decrease sales because of the coronavirus disease 2019 pandemic.

During the nine-month period, consolidated revenues declined with the aid of 43 percent to P216.Four billion from P381.7 billion in 2019. However,

Petron suggested a consolidated internet earnings of P1.63 billion in the 1/3 sector of this yr.

"The agency's yr-to-date overall performance retain to undergo the impact of the vast forty percent drop in home quantity and the P13 billion inventory losses during the primary four months of the lockdown," the listed oil company said in a disclosure on Tuesday.

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